Heider Center Arts Board Inc
Heider Center Arts Board Inc maintains stable finances with volunteer leadership and no executive compensation.
EIN: 201441751 · West Salem, WI · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $156K |
| Program Spending | 90% |
| Net Assets | $101K |
| Transparency Score | 85/100 |
Is Heider Center Arts Board Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heider Center Arts Board Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heider Center Arts Board Inc
Heider Center Arts Board Inc (EIN: 201441751) is a nonprofit organization based in West Salem, WI, classified under NTEE code A20. The organization reported total revenue of $176K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heider Center Arts Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heider Center Arts Board Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $156K |
| Surplus / Deficit | $-17,734 |
| Total Assets | $101K |
| Net Assets | $101K |
| Operating Margin | -12.8% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2024, Heider Center Arts Board Inc reported a deficit of $18K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Heider Center Arts Board Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.1% | +5.6% | -14.9% |
| 2023 | +43.3% | +117.1% | +0.8% |
| 2022 | +29.7% | +20.8% | +43.7% |
| 2021 | +2.4% | -31.5% | +40.8% |
| 2020 | -51.8% | -49.6% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Heider Center Arts Board Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Heider Center Arts Board Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards program services.
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 Heider Center Arts Board Inc:
- Zero executive compensation, indicating a volunteer-driven model and efficient use of funds.
- No reported liabilities in recent years (2021-2024), demonstrating strong financial stability.
- Consistent filing history (13 filings), indicating good transparency and compliance.
- Stable asset base, with assets of $101,093 in 2024, showing financial resilience.
- Program-focused spending due to minimal administrative overhead from executive compensation.
Frequently Asked Questions about Heider Center Arts Board Inc
Is Heider Center Arts Board Inc a legitimate charity?
Heider Center Arts Board Inc (EIN: 201441751) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $176K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Heider Center Arts Board Inc spend its money?
Heider Center Arts Board Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Heider Center Arts Board Inc tax-deductible?
Heider Center Arts Board Inc is registered as a tax-exempt nonprofit (EIN: 201441751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Heider Center Arts Board Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heider Center Arts Board Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heider Center Arts Board Inc located?
Heider Center Arts Board Inc is headquartered in West Salem, Wisconsin and files with the IRS under EIN 201441751. It is classified under NTEE code A20.
How many years of IRS 990 filings does Heider Center Arts Board Inc have?
Heider Center Arts Board Inc 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 $176K in total revenue.
Is Heider Center Arts Board Inc a good charity?
Based on its financial data, Heider Center Arts Board Inc appears to be a good charity. It consistently reports no executive compensation, has no liabilities in recent years, and maintains a stable asset base, suggesting efficient use of funds and strong financial health.
How does Heider Center Arts Board Inc fund its operations?
The organization primarily funds its operations through various revenue streams, which have fluctuated between $78,245 (2020) and $162,502 (2019). Given its NTEE code, these revenues likely come from ticket sales, donations, grants, and community support for its arts programs.
What is the trend in Heider Center Arts Board Inc's financial health?
Heider Center Arts Board Inc shows a generally stable financial trend. While there are minor year-to-year fluctuations in revenue and expenses, assets have remained consistent, and the absence of liabilities in recent years indicates sound financial management and resilience.
Filing History
IRS 990 filing history for Heider Center Arts Board Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Heider Center Arts Board Inc's revenue has declined by 4.8%, moving from $145K to $138K. Total assets decreased by 3.9% over the same period, from $105K to $101K. Total functional expenses rose by 24.1%, from $126K to $156K. In its most recent filing year (2024), Heider Center Arts Board Inc reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $138K | $156K | $101K | $0 | — | — |
| 2023 | $149K | $148K | $119K | $0 | — | View 990 |
| 2022 | $104K | $68K | $118K | $0 | — | View 990 |
| 2021 | $80K | $56K | $82K | $30 | — | View 990 |
| 2020 | $78K | $82K | $58K | $20 | — | View 990 |
| 2019 | $163K | $163K | $62K | $20 | — | View 990 |
| 2018 | $133K | $158K | $63K | $-10 | — | View 990 |
| 2017 | $148K | $153K | $88K | $-10 | — | View 990 |
| 2016 | $129K | $151K | $93K | $0 | — | View 990 |
| 2015 | $143K | $143K | $115K | $0 | — | View 990 |
| 2014 | $140K | $144K | $114K | $0 | — | View 990 |
| 2013 | $146K | $133K | $118K | $0 | — | View 990 |
| 2012 | $145K | $126K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $138K, expenses of $156K, and assets of $101K (revenue -7.1% year-over-year).
- 2023: Revenue of $149K, expenses of $148K, and assets of $119K (revenue +43.3% year-over-year).
- 2022: Revenue of $104K, expenses of $68K, and assets of $118K (revenue +29.7% year-over-year).
- 2021: Revenue of $80K, expenses of $56K, and assets of $82K (revenue +2.4% year-over-year).
- 2020: Revenue of $78K, expenses of $82K, and assets of $58K (revenue -51.8% year-over-year).
- 2019: Revenue of $163K, expenses of $163K, and assets of $62K (revenue +22.5% year-over-year).
- 2018: Revenue of $133K, expenses of $158K, and assets of $63K (revenue -10.3% year-over-year).
- 2017: Revenue of $148K, expenses of $153K, and assets of $88K (revenue +14.5% year-over-year).
- 2016: Revenue of $129K, expenses of $151K, and assets of $93K (revenue -9.7% year-over-year).
- 2015: Revenue of $143K, expenses of $143K, and assets of $115K (revenue +2.2% year-over-year).
- 2014: Revenue of $140K, expenses of $144K, and assets of $114K (revenue -4.0% year-over-year).
- 2013: Revenue of $146K, expenses of $133K, and assets of $118K (revenue +0.3% year-over-year).
- 2012: Revenue of $145K, expenses of $126K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heider Center Arts Board Inc:
Data Sources and Methodology
This transparency report for Heider Center Arts Board 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.