Illustration Institute
EIN: 812886744 · Portland, ME · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $171K |
| Net Assets | $1.4M |
Is Illustration Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illustration Institute
Illustration Institute (EIN: 812886744) is a nonprofit organization based in Portland, ME, classified under NTEE code A25. The organization reported total revenue of $147K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illustration Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illustration Institute is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 33.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $610K |
| Total Expenses | $171K |
| Surplus / Deficit | +$440K |
| Total Assets | $1.5M |
| Total Liabilities | $97K |
| Net Assets | $1.4M |
| Operating Margin | 72.0% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 102.3 months |
Financial Health Grade: A
In 2023, Illustration Institute reported a surplus of $440K with revenue exceeding expenses, holds 102.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Illustration Institute's revenue has grown at a compound annual growth rate (CAGR) of 33.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +306.7% | +5.9% | +42.4% |
| 2022 | +2.5% | +1.0% | -1.1% |
| 2021 | +2.3% | +53.9% | -1.0% |
| 2020 | -79.0% | -54.1% | +15.5% |
| 2019 | +70.4% | +84.9% | +101.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illustration Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Illustration Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $440K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about Illustration Institute
Is Illustration Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Illustration Institute (EIN: 812886744) insufficient data. 0 red flags identified, 0 strengths noted.
How does Illustration Institute spend its money?
Detailed spending breakdown data is not yet available for Illustration Institute. Check back for updated IRS 990 analysis.
Are donations to Illustration Institute tax-deductible?
Illustration Institute is registered as a tax-exempt nonprofit (EIN: 812886744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illustration Institute located?
Illustration Institute is headquartered in Portland, Maine and files with the IRS under EIN 812886744. It is classified under NTEE code A25.
How many years of IRS 990 filings does Illustration Institute have?
Illustration Institute has 8 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 $147K in total revenue.
Filing History
IRS 990 filing history for Illustration Institute showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Illustration Institute's revenue has grown by 653.5%, moving from $81K to $610K. Total assets increased by 1989.4% over the same period, from $70K to $1.5M. Total functional expenses rose by 1280.1%, from $12K to $171K. In its most recent filing year (2023), Illustration Institute reported a surplus of $440K, with revenue exceeding expenses. The organization holds $97K in liabilities against $1.5M in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $610K | $171K | $1.5M | $97K | — | — |
| 2022 | $150K | $161K | $1.0M | $104K | — | View 990 |
| 2021 | $146K | $160K | $1.0M | $104K | — | View 990 |
| 2020 | $143K | $104K | $1.0M | $101K | — | — |
| 2019 | $681K | $226K | $903K | $0 | — | View 990 |
| 2018 | $400K | $122K | $448K | $0 | — | View 990 |
| 2017 | $148K | $46K | $172K | $2K | — | View 990 |
| 2016 | $81K | $12K | $70K | $996 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $610K, expenses of $171K, and assets of $1.5M (revenue +306.7% year-over-year).
- 2022: Revenue of $150K, expenses of $161K, and assets of $1.0M (revenue +2.5% year-over-year).
- 2021: Revenue of $146K, expenses of $160K, and assets of $1.0M (revenue +2.3% year-over-year).
- 2020: Revenue of $143K, expenses of $104K, and assets of $1.0M (revenue -79.0% year-over-year).
- 2019: Revenue of $681K, expenses of $226K, and assets of $903K (revenue +70.4% year-over-year).
- 2018: Revenue of $400K, expenses of $122K, and assets of $448K (revenue +170.3% year-over-year).
- 2017: Revenue of $148K, expenses of $46K, and assets of $172K (revenue +82.6% year-over-year).
- 2016: Revenue of $81K, expenses of $12K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illustration Institute:
Data Sources and Methodology
This transparency report for Illustration Institute 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.