Insideout Literary Arts Project
EIN: 311428704 · Detroit, MI · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.3M |
| Net Assets | $2.3M |
Is Insideout Literary Arts Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Insideout Literary Arts Project
Insideout Literary Arts Project (EIN: 311428704) is a nonprofit organization based in Detroit, MI, classified under NTEE code A70. The organization reported total revenue of $2.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Insideout Literary Arts Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Insideout Literary Arts Project is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$333K |
| Total Assets | $2.3M |
| Total Liabilities | $55K |
| Net Assets | $2.3M |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, Insideout Literary Arts Project reported a surplus of $333K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Insideout Literary Arts Project's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +10.1% | +18.2% |
| 2022 | +55.4% | +22.9% | +28.7% |
| 2021 | -25.4% | +0.8% | -3.0% |
| 2020 | +10.1% | +1.7% | +61.1% |
| 2019 | +67.7% | +15.7% | +48.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Insideout Literary Arts Project 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 Insideout Literary Arts Project 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 $333K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Insideout Literary Arts Project
Is Insideout Literary Arts Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Insideout Literary Arts Project (EIN: 311428704) insufficient data. 0 red flags identified, 0 strengths noted.
How does Insideout Literary Arts Project spend its money?
Detailed spending breakdown data is not yet available for Insideout Literary Arts Project. Check back for updated IRS 990 analysis.
Are donations to Insideout Literary Arts Project tax-deductible?
Insideout Literary Arts Project is registered as a tax-exempt nonprofit (EIN: 311428704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Insideout Literary Arts Project located?
Insideout Literary Arts Project is headquartered in Detroit, Michigan and files with the IRS under EIN 311428704. It is classified under NTEE code A70.
How many years of IRS 990 filings does Insideout Literary Arts Project have?
Insideout Literary Arts Project 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Insideout Literary Arts Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Insideout Literary Arts Project's revenue has grown by 123.1%, moving from $748K to $1.7M. Total assets increased by 507.5% over the same period, from $382K to $2.3M. Total functional expenses rose by 86.1%, from $718K to $1.3M. In its most recent filing year (2023), Insideout Literary Arts Project reported a surplus of $333K, with revenue exceeding expenses. The organization holds $55K in liabilities against $2.3M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.3M | $2.3M | $55K | — | View 990 |
| 2022 | $1.7M | $1.2M | $2.0M | $32K | — | View 990 |
| 2021 | $1.1M | $987K | $1.5M | $34K | — | View 990 |
| 2020 | $1.4M | $980K | $1.6M | $157K | — | View 990 |
| 2019 | $1.3M | $963K | $974K | $9K | — | View 990 |
| 2018 | $773K | $833K | $656K | $23K | — | View 990 |
| 2017 | $774K | $768K | $703K | $10K | — | View 990 |
| 2016 | $908K | $917K | $700K | $15K | — | View 990 |
| 2015 | $1.1M | $783K | $694K | $0 | — | View 990 |
| 2014 | $868K | $775K | $410K | $27K | — | View 990 |
| 2013 | $658K | $843K | $315K | $24K | — | View 990 |
| 2012 | $917K | $810K | $491K | $15K | — | View 990 |
| 2011 | $748K | $718K | $382K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.3M, and assets of $2.3M (revenue +1.0% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.2M, and assets of $2.0M (revenue +55.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $987K, and assets of $1.5M (revenue -25.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $980K, and assets of $1.6M (revenue +10.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $963K, and assets of $974K (revenue +67.7% year-over-year).
- 2018: Revenue of $773K, expenses of $833K, and assets of $656K (revenue -0.2% year-over-year).
- 2017: Revenue of $774K, expenses of $768K, and assets of $703K (revenue -14.7% year-over-year).
- 2016: Revenue of $908K, expenses of $917K, and assets of $700K (revenue -17.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $783K, and assets of $694K (revenue +26.2% year-over-year).
- 2014: Revenue of $868K, expenses of $775K, and assets of $410K (revenue +31.9% year-over-year).
- 2013: Revenue of $658K, expenses of $843K, and assets of $315K (revenue -28.2% year-over-year).
- 2012: Revenue of $917K, expenses of $810K, and assets of $491K (revenue +22.5% year-over-year).
- 2011: Revenue of $748K, expenses of $718K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Insideout Literary Arts Project:
Data Sources and Methodology
This transparency report for Insideout Literary Arts Project 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.