Kids Of The Arts Inc
Kids Of The Arts Inc operates with no officer compensation, demonstrating strong program focus despite fluctuating revenues and occasional deficits.
EIN: 201278632 · Mt Pleasant, SC · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $27K |
| Program Spending | 90% |
| Net Assets | $43K |
| Transparency Score | 85/100 |
Is Kids Of The Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kids Of The Arts Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kids Of The Arts Inc
Kids Of The Arts Inc (EIN: 201278632) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code A65. The organization reported total revenue of $56K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Of The Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Of The Arts Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $27K |
| Surplus / Deficit | $-4,767 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -21.4% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Kids Of The Arts Inc reported a deficit of $5K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kids Of The Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -74.7% | -73.8% | -10.0% |
| 2022 | +79.6% | +148.3% | -25.4% |
| 2021 | -54.1% | -33.8% | +13.4% |
| 2020 | -0.2% | -47.7% | +372.3% |
| 2019 | -46.2% | -37.5% | -51.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Kids Of The Arts 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kids Of The Arts Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Kids Of The Arts Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership committed to directing all available funds 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.
Red Flags
The following concerns were identified during AI analysis of Kids Of The Arts Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, from $199,079 in 2018 to $22,263 in 2023, indicating potential funding instability.
- Expenses exceeded revenue in multiple recent periods (e.g., 2023: $27,030 expenses vs. $22,263 revenue; 2022: $103,067 expenses vs. $88,113 revenue), leading to operational deficits.
Strengths
The following positive indicators were identified for Kids Of The Arts Inc:
- 0% officer compensation reported across all filings, demonstrating exceptional dedication to mission and efficient use of funds.
- Consistent filing history (13 filings), indicating strong transparency and compliance.
- Maintains positive net assets despite revenue fluctuations, showing financial solvency.
- Strong program focus, with resources directed towards its mission rather than administrative overhead or executive salaries.
Frequently Asked Questions about Kids Of The Arts Inc
Is Kids Of The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids Of The Arts Inc (EIN: 201278632) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Kids Of The Arts Inc spend its money?
Kids Of The Arts Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kids Of The Arts Inc tax-deductible?
Kids Of The Arts Inc is registered as a tax-exempt nonprofit (EIN: 201278632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kids Of The Arts Inc's spending goes to programs?
Kids Of The Arts Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kids Of The Arts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kids Of The Arts Inc is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kids Of The Arts Inc located?
Kids Of The Arts Inc is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 201278632. It is classified under NTEE code A65.
How many years of IRS 990 filings does Kids Of The Arts Inc have?
Kids Of The Arts 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 $56K in total revenue.
Is Kids Of The Arts Inc a good charity?
Based on the available data, Kids Of The Arts Inc appears to be a good charity, particularly due to its 0% officer compensation and consistent program focus. While it experiences revenue fluctuations, its dedication to its mission without executive salaries is a strong positive indicator.
How does Kids Of The Arts Inc manage its finances given the revenue fluctuations?
The organization manages its finances by operating with no officer compensation, which allows it to allocate more resources to its programs. However, the significant swings in revenue, such as from $199,079 in 2018 to $22,263 in 2023, suggest a reliance on variable funding sources, which can lead to years where expenses exceed revenue.
What is the trend in Kids Of The Arts Inc's assets?
Kids Of The Arts Inc's assets have fluctuated, reaching a high of $63,723 in 2021 and declining to $19,990 in the latest period. This trend reflects the variability in its annual financial performance, with periods of asset growth followed by declines.
Filing History
IRS 990 filing history for Kids Of The Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kids Of The Arts Inc's revenue has grown by 4.4%, moving from $21K to $22K. Total assets increased by 563.9% over the same period, from $6K to $43K. Total functional expenses rose by 27.1%, from $21K to $27K. In its most recent filing year (2023), Kids Of The Arts Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $27K | $43K | $0 | — | — |
| 2022 | $88K | $103K | $48K | $0 | — | View 990 |
| 2021 | $49K | $42K | $64K | $1K | — | — |
| 2020 | $107K | $63K | $56K | $1K | — | — |
| 2019 | $107K | $120K | $12K | $1K | — | View 990 |
| 2018 | $199K | $192K | $25K | $1K | — | View 990 |
| 2017 | $129K | $170K | $16K | $0 | — | View 990 |
| 2016 | $162K | $131K | $57K | $0 | — | View 990 |
| 2015 | $160K | $151K | $25K | $0 | — | View 990 |
| 2014 | $146K | $133K | $17K | $0 | — | View 990 |
| 2013 | $64K | $66K | $3K | $0 | — | View 990 |
| 2012 | $74K | $75K | $6K | $0 | — | View 990 |
| 2011 | $21K | $21K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $27K, and assets of $43K (revenue -74.7% year-over-year).
- 2022: Revenue of $88K, expenses of $103K, and assets of $48K (revenue +79.6% year-over-year).
- 2021: Revenue of $49K, expenses of $42K, and assets of $64K (revenue -54.1% year-over-year).
- 2020: Revenue of $107K, expenses of $63K, and assets of $56K (revenue -0.2% year-over-year).
- 2019: Revenue of $107K, expenses of $120K, and assets of $12K (revenue -46.2% year-over-year).
- 2018: Revenue of $199K, expenses of $192K, and assets of $25K (revenue +53.9% year-over-year).
- 2017: Revenue of $129K, expenses of $170K, and assets of $16K (revenue -20.3% year-over-year).
- 2016: Revenue of $162K, expenses of $131K, and assets of $57K (revenue +1.6% year-over-year).
- 2015: Revenue of $160K, expenses of $151K, and assets of $25K (revenue +9.2% year-over-year).
- 2014: Revenue of $146K, expenses of $133K, and assets of $17K (revenue +128.3% year-over-year).
- 2013: Revenue of $64K, expenses of $66K, and assets of $3K (revenue -13.4% year-over-year).
- 2012: Revenue of $74K, expenses of $75K, and assets of $6K (revenue +247.2% year-over-year).
- 2011: Revenue of $21K, expenses of $21K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Of The Arts Inc:
Data Sources and Methodology
This transparency report for Kids Of The Arts 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.