Gateway Gallery A Public Artcollection
Gateway Gallery A Public Artcollection reports $0 revenue and assets, indicating potential inactivity after modest historical operations.
EIN: 205309968 · Las Vegas, NV · NTEE: C50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $21K |
| Program Spending | 80% |
| Net Assets | $18K |
| Transparency Score | 45/100 |
Is Gateway Gallery A Public Artcollection Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gateway Gallery A Public Artcollection directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gateway Gallery A Public Artcollection
Gateway Gallery A Public Artcollection (EIN: 205309968) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code C50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Gallery A Public Artcollection's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Gallery A Public Artcollection is a micro nonprofit that has been operating for 19 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $21K |
| Surplus / Deficit | +$7K |
| Total Assets | $30K |
| Total Liabilities | $13K |
| Net Assets | $18K |
| Operating Margin | 25.7% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2013, Gateway Gallery A Public Artcollection reported a surplus of $7K with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 3 years of filings (2011–2013), Gateway Gallery A Public Artcollection's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +18.3% | +21.6% | +132.1% |
| 2012 | -4.5% | +537.0% | -58.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gateway Gallery A Public Artcollection with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gateway Gallery A Public Artcollection allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% for all historical periods, indicating that no officers or key employees received salaries, which is positive for a small organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gateway Gallery A Public Artcollection's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or cessation of operations.
- Consistent liabilities of $12,685 across historical filings without clear explanation.
Strengths
The following positive indicators were identified for Gateway Gallery A Public Artcollection:
- No officer compensation reported in historical filings, suggesting a volunteer-driven model.
- Historically, the organization generally operated with a surplus, indicating good financial management in active periods (e.g., 2011 revenue $25,308 vs. expenses $2,743).
Frequently Asked Questions about Gateway Gallery A Public Artcollection
Is Gateway Gallery A Public Artcollection a legitimate charity?
Gateway Gallery A Public Artcollection (EIN: 205309968) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 45/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Gateway Gallery A Public Artcollection spend its money?
Gateway Gallery A Public Artcollection directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gateway Gallery A Public Artcollection tax-deductible?
Gateway Gallery A Public Artcollection is registered as a tax-exempt nonprofit (EIN: 205309968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gateway Gallery A Public Artcollection's spending goes to programs?
Gateway Gallery A Public Artcollection directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gateway Gallery A Public Artcollection compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Gateway Gallery A Public Artcollection is near average for NTEE category C50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gateway Gallery A Public Artcollection located?
Gateway Gallery A Public Artcollection is headquartered in Las Vegas, Nevada and files with the IRS under EIN 205309968. It is classified under NTEE code C50.
How many years of IRS 990 filings does Gateway Gallery A Public Artcollection have?
Gateway Gallery A Public Artcollection has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Gateway Gallery A Public Artcollection still active?
Based on the latest reported revenue and assets of $0, it appears the organization may no longer be active or is in a dormant state.
What caused the organization's revenue and assets to drop to $0?
The provided data does not specify the reason for the decline to $0 revenue and assets. It could be due to a cessation of operations, a change in reporting, or other factors not detailed in the filings.
How did the organization manage its expenses historically?
Historically, the organization generally managed its expenses well, often spending less than its revenue. For instance, in 2011, expenses were only $2,743 against $25,308 in revenue, and in 2013, expenses were $21,252 against $28,613 in revenue.
Filing History
IRS 990 filing history for Gateway Gallery A Public Artcollection showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Gateway Gallery A Public Artcollection's revenue has grown by 13.1%, moving from $25K to $29K. Total assets decreased by 3.6% over the same period, from $32K to $30K. Total functional expenses rose by 674.8%, from $3K to $21K. In its most recent filing year (2013), Gateway Gallery A Public Artcollection reported a surplus of $7K, with revenue exceeding expenses. The organization holds $13K in liabilities against $30K in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $29K | $21K | $30K | $13K | — | View 990 |
| 2012 | $24K | $17K | $13K | $13K | — | View 990 |
| 2011 | $25K | $3K | $32K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $29K, expenses of $21K, and assets of $30K (revenue +18.3% year-over-year).
- 2012: Revenue of $24K, expenses of $17K, and assets of $13K (revenue -4.5% year-over-year).
- 2011: Revenue of $25K, expenses of $3K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Gallery A Public Artcollection:
Data Sources and Methodology
This transparency report for Gateway Gallery A Public Artcollection is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.