Institute For Doctoral Studies Inthe Visual Arts
Institute For Doctoral Studies In The Visual Arts consistently generates surpluses and reports 0% officer compensation.
EIN: 204984268 · Portland, ME · NTEE: B40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 92/100 |
Is Institute For Doctoral Studies Inthe Visual Arts Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute For Doctoral Studies Inthe Visual Arts directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute For Doctoral Studies Inthe Visual Arts
Institute For Doctoral Studies Inthe Visual Arts (EIN: 204984268) is a nonprofit organization based in Portland, ME, classified under NTEE code B40. The organization reported total revenue of $3.1M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Doctoral Studies Inthe Visual Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Doctoral Studies Inthe Visual Arts is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$70K |
| Total Assets | $2.1M |
| Total Liabilities | $159K |
| Net Assets | $2.0M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Institute For Doctoral Studies Inthe Visual Arts reported a surplus of $70K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute For Doctoral Studies Inthe Visual Arts's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.4% | +31.9% | -2.8% |
| 2022 | +5.7% | +9.5% | +4.5% |
| 2021 | +7.8% | +0.8% | +28.5% |
| 2020 | -39.1% | -1.7% | -3.4% |
| 2019 | +55.7% | -0.1% | +187.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Institute For Doctoral Studies Inthe Visual Arts with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Institute For Doctoral Studies Inthe Visual Arts allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for financial efficiency.
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 Institute For Doctoral Studies Inthe Visual Arts:
- Consistent revenue growth, from $974,938 in 2014 to $2,437,797 in 2023.
- Healthy asset growth, from $176,810 in 2014 to $2,135,139 in 2023.
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Regularly generates financial surpluses, demonstrating sound financial management (e.g., $70,104 surplus in 2023).
- Low liabilities relative to assets, indicating strong financial solvency (e.g., $158,708 liabilities vs. $2,135,139 assets in 2023).
Frequently Asked Questions about Institute For Doctoral Studies Inthe Visual Arts
Is Institute For Doctoral Studies Inthe Visual Arts a legitimate charity?
Institute For Doctoral Studies Inthe Visual Arts (EIN: 204984268) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Institute For Doctoral Studies Inthe Visual Arts spend its money?
Institute For Doctoral Studies Inthe Visual Arts directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Institute For Doctoral Studies Inthe Visual Arts tax-deductible?
Institute For Doctoral Studies Inthe Visual Arts is registered as a tax-exempt nonprofit (EIN: 204984268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Institute For Doctoral Studies Inthe Visual Arts's spending goes to programs?
Institute For Doctoral Studies Inthe Visual Arts directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Institute For Doctoral Studies Inthe Visual Arts compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Institute For Doctoral Studies Inthe Visual Arts is above average for NTEE category B40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institute For Doctoral Studies Inthe Visual Arts located?
Institute For Doctoral Studies Inthe Visual Arts is headquartered in Portland, Maine and files with the IRS under EIN 204984268. It is classified under NTEE code B40.
How many years of IRS 990 filings does Institute For Doctoral Studies Inthe Visual Arts have?
Institute For Doctoral Studies Inthe Visual Arts 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 $3.1M in total revenue.
Is Institute For Doctoral Studies In The Visual Arts a good charity?
Based on its financial filings, the Institute For Doctoral Studies In The Visual Arts appears to be a well-managed organization. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, all of which are strong indicators of financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization has shown consistent growth in revenue and assets over the past decade. Revenue increased from $974,938 in 2014 to $2,437,797 in 2023, and assets grew from $176,810 to $2,135,139 in the same period, indicating strong financial growth and stability.
What is the organization's approach to executive compensation?
The Institute For Doctoral Studies In The Visual Arts consistently reports 0% officer compensation in its IRS 990 filings, suggesting a highly efficient approach to leadership costs, potentially relying on volunteer leadership or alternative compensation structures.
Filing History
IRS 990 filing history for Institute For Doctoral Studies Inthe Visual Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute For Doctoral Studies Inthe Visual Arts's revenue has grown by 291.5%, moving from $623K to $2.4M. Total assets increased by 890.7% over the same period, from $216K to $2.1M. Total functional expenses rose by 305.9%, from $583K to $2.4M. In its most recent filing year (2023), Institute For Doctoral Studies Inthe Visual Arts reported a surplus of $70K, with revenue exceeding expenses. The organization holds $159K in liabilities against $2.1M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $2.1M | $159K | — | View 990 |
| 2022 | $1.9M | $1.8M | $2.2M | $328K | — | View 990 |
| 2021 | $1.8M | $1.6M | $2.1M | $254K | — | View 990 |
| 2020 | $1.7M | $1.6M | $1.6M | $70K | — | View 990 |
| 2019 | $2.7M | $1.7M | $1.7M | $155K | — | View 990 |
| 2018 | $1.7M | $1.7M | $589K | $108K | — | View 990 |
| 2017 | $1.5M | $1.4M | $556K | $160K | — | View 990 |
| 2016 | $1.5M | $1.3M | $326K | $52K | — | View 990 |
| 2015 | $1.1M | $1.1M | $230K | $117K | — | View 990 |
| 2014 | $975K | $971K | $177K | $77K | — | View 990 |
| 2013 | $820K | $819K | $195K | $99K | — | View 990 |
| 2012 | $721K | $690K | $219K | $125K | — | View 990 |
| 2011 | $623K | $583K | $216K | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $2.1M (revenue +29.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $2.2M (revenue +5.7% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $2.1M (revenue +7.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $1.6M (revenue -39.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.7M, and assets of $1.7M (revenue +55.7% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $589K (revenue +16.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $556K (revenue -0.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $326K (revenue +30.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $230K (revenue +17.9% year-over-year).
- 2014: Revenue of $975K, expenses of $971K, and assets of $177K (revenue +18.9% year-over-year).
- 2013: Revenue of $820K, expenses of $819K, and assets of $195K (revenue +13.8% year-over-year).
- 2012: Revenue of $721K, expenses of $690K, and assets of $219K (revenue +15.8% year-over-year).
- 2011: Revenue of $623K, expenses of $583K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Doctoral Studies Inthe Visual Arts:
Data Sources and Methodology
This transparency report for Institute For Doctoral Studies Inthe Visual 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.