Governor Wentworth Arts Council Inc
Governor Wentworth Arts Council Inc. faces significant financial challenges with declining assets and consistent deficit spending.
EIN: 20370288 · Wolfeboro, NH · NTEE: A260 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $24K |
| Transparency Score | 45/100 |
Is Governor Wentworth Arts Council Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Governor Wentworth Arts Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Governor Wentworth Arts Council Inc
Governor Wentworth Arts Council Inc (EIN: 20370288) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code A260. 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 Governor Wentworth Arts Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Governor Wentworth Arts Council Inc is a micro nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -35.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $430 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,350 |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | -546.5% |
| Months of Reserves | 103.0 months |
Financial Health Grade: B
In 2020, Governor Wentworth Arts Council Inc reported a deficit of $2K with expenses exceeding revenue, holds 103.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2020), Governor Wentworth Arts Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -35.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -74.6% | -57.4% | -9.0% |
| 2020 | -81.4% | -17.3% | -14.7% |
| 2019 | +35.2% | -3.4% | +4.1% |
| 2018 | +70.5% | -17.1% | -4.6% |
| 2017 | -65.6% | +1.0% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Governor Wentworth Arts Council Inc 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Governor Wentworth Arts Council Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is appropriate given its small size and limited financial resources.
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 Governor Wentworth Arts Council Inc's IRS 990 filings:
- Consistent deficit spending (e.g., $2,780 expenses vs. $430 revenue in 202012)
- Significant decline in assets over time (from $49,099 in 2012 to $0 currently)
- Zero reported revenue and assets in the latest filing, indicating potential operational cessation or severe financial distress.
Strengths
The following positive indicators were identified for Governor Wentworth Arts Council Inc:
- 100% volunteer leadership with 0% officer compensation, demonstrating dedication to mission.
- Consistent IRS 990 filing history, indicating transparency.
- Low overhead due to volunteer-driven model.
Frequently Asked Questions about Governor Wentworth Arts Council Inc
Is Governor Wentworth Arts Council Inc a legitimate charity?
Governor Wentworth Arts Council Inc (EIN: 20370288) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Governor Wentworth Arts Council Inc spend its money?
Governor Wentworth Arts Council Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Governor Wentworth Arts Council Inc tax-deductible?
Governor Wentworth Arts Council Inc is registered as a tax-exempt nonprofit (EIN: 20370288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Governor Wentworth Arts Council Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Governor Wentworth Arts Council Inc is near average for NTEE category A260 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Governor Wentworth Arts Council Inc located?
Governor Wentworth Arts Council Inc is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 20370288. It is classified under NTEE code A260.
How many years of IRS 990 filings does Governor Wentworth Arts Council Inc have?
Governor Wentworth Arts Council Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Governor Wentworth Arts Council Inc. a good charity?
The organization's commitment to its mission is evident through its volunteer leadership and consistent, albeit small, operations. However, its financial instability, marked by declining assets from $49,099 in 2012 to $0 currently and consistent deficit spending, raises concerns about its long-term viability and impact.
Why does the organization have $0 in revenue and assets in its latest filing?
The latest filing indicates a complete depletion of financial resources, with both revenue and assets reported as $0. This could suggest a period of inactivity, a significant financial downturn, or potential dissolution, following a trend of declining assets over the past decade.
How has the organization's asset base changed over time?
The organization's assets have steadily declined from a high of $49,099 in 201206 to $0 in the latest filing, indicating a significant erosion of its financial reserves over the past decade.
Filing History
IRS 990 filing history for Governor Wentworth Arts Council Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2020), Governor Wentworth Arts Council Inc's revenue has declined by 97%, moving from $15K to $430. Total assets decreased by 51.4% over the same period, from $49K to $24K. Total functional expenses fell by 75.9%, from $12K to $3K. In its most recent filing year (2020), Governor Wentworth Arts Council Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $430 | $3K | $24K | $0 | — | — |
| 2020 | $2K | $7K | $26K | $0 | — | View 990 |
| 2019 | $9K | $8K | $31K | $0 | — | View 990 |
| 2018 | $7K | $8K | $30K | $0 | — | View 990 |
| 2017 | $4K | $10K | $31K | $0 | — | View 990 |
| 2016 | $11K | $10K | $37K | $0 | — | View 990 |
| 2015 | $6K | $8K | $35K | $0 | — | View 990 |
| 2014 | $5K | $12K | $37K | $0 | — | View 990 |
| 2013 | $3K | $8K | $44K | $0 | — | View 990 |
| 2012 | $15K | $12K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $430, expenses of $3K, and assets of $24K (revenue -74.6% year-over-year).
- 2020: Revenue of $2K, expenses of $7K, and assets of $26K (revenue -81.4% year-over-year).
- 2019: Revenue of $9K, expenses of $8K, and assets of $31K (revenue +35.2% year-over-year).
- 2018: Revenue of $7K, expenses of $8K, and assets of $30K (revenue +70.5% year-over-year).
- 2017: Revenue of $4K, expenses of $10K, and assets of $31K (revenue -65.6% year-over-year).
- 2016: Revenue of $11K, expenses of $10K, and assets of $37K (revenue +93.0% year-over-year).
- 2015: Revenue of $6K, expenses of $8K, and assets of $35K (revenue +30.6% year-over-year).
- 2014: Revenue of $5K, expenses of $12K, and assets of $37K (revenue +42.8% year-over-year).
- 2013: Revenue of $3K, expenses of $8K, and assets of $44K (revenue -78.1% year-over-year).
- 2012: Revenue of $15K, expenses of $12K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Governor Wentworth Arts Council Inc:
Data Sources and Methodology
This transparency report for Governor Wentworth Arts Council Inc 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.