Greater Derry Arts Council
Greater Derry Arts Council shows consistent asset growth and no officer compensation over a decade.
EIN: 20463771 · Derry, NH · NTEE: A260 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $75K |
| Program Spending | 85% |
| Net Assets | $102K |
| Transparency Score | 90/100 |
Is Greater Derry Arts Council Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Derry Arts Council directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Derry Arts Council
Greater Derry Arts Council (EIN: 20463771) is a nonprofit organization based in Derry, NH, classified under NTEE code A260. The organization reported total revenue of $80K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Derry Arts Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Derry Arts Council is a micro nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $75K |
| Surplus / Deficit | +$8K |
| Total Assets | $157K |
| Total Liabilities | $56K |
| Net Assets | $102K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Greater Derry Arts Council reported a surplus of $8K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Derry Arts Council's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.7% | -6.9% | +4.2% |
| 2022 | -15.2% | +50.3% | -4.2% |
| 2021 | +114.6% | +68.8% | +110.9% |
| 2020 | -39.7% | -41.9% | +8.2% |
| 2019 | +14.3% | +3.9% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Greater Derry Arts Council with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Greater Derry Arts Council allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation to its mission.
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 Greater Derry Arts Council:
- Consistent asset growth, from $35,046 in 2014 to $157,196 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency in resource allocation.
- Strong program spending focus due to minimal administrative overhead and no executive salaries.
- Excellent transparency with 13 years of consistent IRS 990 filings.
- Revenues generally exceed expenses in recent years, contributing to financial stability.
Frequently Asked Questions about Greater Derry Arts Council
Is Greater Derry Arts Council a legitimate charity?
Greater Derry Arts Council (EIN: 20463771) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $80K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Greater Derry Arts Council spend its money?
Greater Derry Arts Council directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Greater Derry Arts Council tax-deductible?
Greater Derry Arts Council is registered as a tax-exempt nonprofit (EIN: 20463771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Derry Arts Council's spending goes to programs?
Greater Derry Arts Council directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Derry Arts Council compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Greater Derry Arts Council is above average for NTEE category A260 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Derry Arts Council located?
Greater Derry Arts Council is headquartered in Derry, New Hampshire and files with the IRS under EIN 20463771. It is classified under NTEE code A260.
How many years of IRS 990 filings does Greater Derry Arts Council have?
Greater Derry Arts Council has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $80K in total revenue.
Is Greater Derry Arts Council a good charity?
Based on its financial data, the Greater Derry Arts Council appears to be a good charity. It demonstrates strong financial health with growing assets, consistent revenue generation, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation for over a decade.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $35,046 in 2014 to $157,196 in 2023, and revenues have generally outpaced expenses, indicating sustainable growth and increasing capacity.
What is the trend in revenue and expenses?
Revenue has shown an upward trend, with some fluctuations, from $52,799 in 2014 to $82,372 in 2023. Expenses have also increased but generally remained below revenue in most recent years, such as $74,531 in expenses against $82,372 in revenue in 2023, indicating fiscal responsibility.
Filing History
IRS 990 filing history for Greater Derry Arts Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Derry Arts Council's revenue has grown by 257.1%, moving from $23K to $82K. Total assets increased by 235.7% over the same period, from $47K to $157K. Total functional expenses rose by 105.2%, from $36K to $75K. In its most recent filing year (2023), Greater Derry Arts Council reported a surplus of $8K, with revenue exceeding expenses. The organization holds $56K in liabilities against $157K in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $75K | $157K | $56K | — | — |
| 2022 | $72K | $80K | $151K | $57K | — | View 990 |
| 2021 | $85K | $53K | $157K | $56K | — | View 990 |
| 2020 | $40K | $32K | $75K | $8K | — | View 990 |
| 2019 | $66K | $54K | $69K | $11K | — | View 990 |
| 2018 | $58K | $52K | $66K | $2K | — | View 990 |
| 2017 | $58K | $54K | $61K | $2K | — | View 990 |
| 2016 | $56K | $46K | $58K | $3K | — | View 990 |
| 2015 | $54K | $42K | $47K | $2K | — | View 990 |
| 2014 | $53K | $57K | $35K | $3K | — | View 990 |
| 2013 | $33K | $31K | $38K | $2K | — | View 990 |
| 2012 | $25K | $36K | $37K | $2K | — | View 990 |
| 2011 | $23K | $36K | $47K | $799 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $75K, and assets of $157K (revenue +13.7% year-over-year).
- 2022: Revenue of $72K, expenses of $80K, and assets of $151K (revenue -15.2% year-over-year).
- 2021: Revenue of $85K, expenses of $53K, and assets of $157K (revenue +114.6% year-over-year).
- 2020: Revenue of $40K, expenses of $32K, and assets of $75K (revenue -39.7% year-over-year).
- 2019: Revenue of $66K, expenses of $54K, and assets of $69K (revenue +14.3% year-over-year).
- 2018: Revenue of $58K, expenses of $52K, and assets of $66K (revenue -0.4% year-over-year).
- 2017: Revenue of $58K, expenses of $54K, and assets of $61K (revenue +4.4% year-over-year).
- 2016: Revenue of $56K, expenses of $46K, and assets of $58K (revenue +3.8% year-over-year).
- 2015: Revenue of $54K, expenses of $42K, and assets of $47K (revenue +1.4% year-over-year).
- 2014: Revenue of $53K, expenses of $57K, and assets of $35K (revenue +59.3% year-over-year).
- 2013: Revenue of $33K, expenses of $31K, and assets of $38K (revenue +34.1% year-over-year).
- 2012: Revenue of $25K, expenses of $36K, and assets of $37K (revenue +7.2% year-over-year).
- 2011: Revenue of $23K, expenses of $36K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Derry Arts Council:
Data Sources and Methodology
This transparency report for Greater Derry Arts Council 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.