Great North Woods Center For The Arts

Great North Woods Center For The Arts shows consistent asset growth and no liabilities, with fluctuating but generally positive revenue trends.

EIN: 203235376 · Colebrook, NH · NTEE: A20 · Updated: 2026-03-28

$61KRevenue

$288KAssets

85/100Mission Score (Excellent)

A20

About Great North Woods Center For The Arts

Great North Woods Center For The Arts (EIN: 203235376) is a nonprofit organization based in Colebrook, NH, classified under NTEE code A20. The organization reported total revenue of $61K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great North Woods Center For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Great North Woods Center For The Arts demonstrates a generally stable financial position with consistent asset growth over the past several years, increasing from $140,632 in 2018 to $297,866 in 2023. The organization has maintained zero liabilities in recent years (2020-2023), indicating strong financial management and a lack of debt burden. Revenue has fluctuated, with a high of $194,188 in 2021 and a low of $47,565 in 2020, but expenses have generally remained below revenue, leading to net asset growth. The organization's consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator of resource allocation directly to mission, though it also means less insight into leadership structure.

Spending efficiency appears reasonable, with expenses generally tracking below revenue, particularly in 2021 where $194,188 in revenue significantly outpaced $44,056 in expenses. However, there was a period in 2019 where expenses ($87,089) exceeded revenue ($63,658), and a slight deficit in 2022 where expenses ($60,183) were marginally higher than revenue ($60,051). The absence of reported liabilities and consistent asset growth are strong indicators of financial health. The organization's transparency is good given the consistent filing of IRS Form 990s, providing a clear historical financial picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Great North Woods Center For The Arts with a Mission Score of 85 out of 100 (Excellent). 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, Great North Woods Center For The Arts 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings (2018-2023), suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which indicates a high proportion of resources are directed to programs rather than administrative salaries.

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.

Strengths

The following positive indicators were identified for Great North Woods Center For The Arts:

Consistent asset growth, increasing from $140,632 in 2018 to $297,866 in 2023.
Zero reported liabilities in recent years (2020-2023), indicating strong financial health and no debt.
Consistent reporting of 0% officer compensation, suggesting efficient use of funds for mission-related activities.
Generally positive net income, with revenue often exceeding expenses, contributing to financial reserves.
Regular and consistent IRS 990 filings, demonstrating good transparency.

Frequently Asked Questions about Great North Woods Center For The Arts

Is Great North Woods Center For The Arts financially stable?

Yes, the organization appears financially stable, evidenced by consistent asset growth from $140,632 in 2018 to $297,866 in 2023 and zero reported liabilities in recent years (2020-2023).

How does the organization manage its expenses relative to revenue?

Expenses have generally been managed well below revenue, contributing to asset growth. For example, in 2021, revenue was $194,188 while expenses were only $44,056. There were minor exceptions in 2019 and 2022 where expenses slightly exceeded revenue.

Does the organization have any debt?

No, the organization has reported $0 in liabilities for the periods 2020, 2021, 2022, and 2023, indicating it is debt-free in recent years.

Filing History

IRS 990 filing history for Great North Woods Center For The Arts showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2018–2023), Great North Woods Center For The Arts's revenue has declined by 43.1%, moving from $155K to $88K. Total assets increased by 111.8% over the same period, from $141K to $298K. Total functional expenses rose by 78%, from $41K to $73K. In its most recent filing year (2023), Great North Woods Center For The Arts reported a surplus of $16K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$88K	$73K	$298K	$0	—	View 990
2022	$60K	$60K	$282K	$0	—	View 990
2021	$194K	$44K	$282K	$0	—	—
2020	$48K	$32K	$132K	$0	—	View 990
2019	$64K	$87K	$117K	$0	—	View 990
2018	$155K	$41K	$141K	$424	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $88K, expenses of $73K, and assets of $298K (revenue +47.3% year-over-year).
2022: Revenue of $60K, expenses of $60K, and assets of $282K (revenue -69.1% year-over-year).
2021: Revenue of $194K, expenses of $44K, and assets of $282K (revenue +308.3% year-over-year).
2020: Revenue of $48K, expenses of $32K, and assets of $132K (revenue -25.3% year-over-year).
2019: Revenue of $64K, expenses of $87K, and assets of $117K (revenue -59.1% year-over-year).
2018: Revenue of $155K, expenses of $41K, and assets of $141K.

Data Sources and Methodology

This transparency report for Great North Woods Center For The Arts 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.