La Arts
La Arts shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10391208 · Auburn, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $125K |
| Program Spending | 85% |
| Net Assets | $362K |
| Transparency Score | 88/100 |
Is La Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
La Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About La Arts
La Arts (EIN: 10391208) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $251K and total assets of $419K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Arts is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $125K |
| Surplus / Deficit | +$62K |
| Total Assets | $363K |
| Total Liabilities | $842 |
| Net Assets | $362K |
| Operating Margin | 33.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2024, La Arts reported a surplus of $62K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), La Arts's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.0% | +7.7% | +14.3% |
| 2023 | +27.6% | +7.1% | +7.2% |
| 2022 | -18.3% | +13.3% | +16.6% |
| 2021 | +101.9% | +14.5% | +106.2% |
| 2020 | +24.2% | +35.0% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 La Arts with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, La Arts allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
La Arts consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for donor funds.
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 La Arts's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for La Arts:
- Consistent revenue growth over multiple periods, from $69,027 in 2019 to $187,751 in 2024.
- Healthy asset accumulation, growing from $110,529 in 2019 to $362,667 in 2024.
- No reported officer compensation, indicating high efficiency in directing funds towards the mission.
- Expenses consistently lower than revenue, demonstrating sound financial management and sustainability.
- Low liabilities relative to assets, particularly in recent years, indicating strong financial stability.
Frequently Asked Questions about La Arts
Is La Arts a legitimate charity?
La Arts (EIN: 10391208) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $251K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does La Arts spend its money?
La Arts directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to La Arts tax-deductible?
La Arts is registered as a tax-exempt nonprofit (EIN: 10391208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of La Arts's spending goes to programs?
La Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is La Arts located?
La Arts is headquartered in Auburn, Maine and files with the IRS under EIN 10391208.
How many years of IRS 990 filings does La Arts have?
La Arts has 14 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 $251K in total revenue.
How does La Arts manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which could indicate a volunteer-led executive team or that compensation is categorized differently within their financial reporting, such as staff salaries rather than officer compensation.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the filings show total expenses, a detailed breakdown of these categories is not readily available in the provided summary. This information would offer deeper insight into spending efficiency.
What caused the significant increase in liabilities in the 2024 period to $842, compared to previous years?
The liabilities increased from $28,036 in 2023 to $842 in 2024. This is a decrease, not an increase. The 2024 liabilities are significantly lower than previous years, indicating improved financial health regarding short-term obligations.
Filing History
IRS 990 filing history for La Arts showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), La Arts's revenue has declined by 65.4%, moving from $543K to $188K. Total assets increased by 203.5% over the same period, from $119K to $363K. Total functional expenses fell by 77.2%, from $549K to $125K. In its most recent filing year (2024), La Arts reported a surplus of $62K, with revenue exceeding expenses. The organization holds $842 in liabilities against $363K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $362K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $188K | $125K | $363K | $842 | — | — |
| 2023 | $181K | $116K | $317K | $28K | — | — |
| 2022 | $141K | $109K | $296K | $75K | — | View 990 |
| 2021 | $173K | $96K | $254K | $55K | — | View 990 |
| 2020 | $86K | $84K | $123K | $23K | — | View 990 |
| 2019 | $69K | $62K | $111K | $26K | — | View 990 |
| 2018 | $161K | $86K | $107K | $30K | — | View 990 |
| 2017 | $217K | $209K | $48K | $45K | — | View 990 |
| 2016 | $219K | $264K | $26K | $31K | — | View 990 |
| 2015 | $294K | $244K | $58K | $18K | — | View 990 |
| 2014 | $358K | $249K | $35K | $47K | — | View 990 |
| 2013 | $286K | $464K | $34K | $181K | — | View 990 |
| 2012 | $495K | $558K | $68K | $40K | — | View 990 |
| 2011 | $543K | $549K | $119K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $188K, expenses of $125K, and assets of $363K (revenue +4.0% year-over-year).
- 2023: Revenue of $181K, expenses of $116K, and assets of $317K (revenue +27.6% year-over-year).
- 2022: Revenue of $141K, expenses of $109K, and assets of $296K (revenue -18.3% year-over-year).
- 2021: Revenue of $173K, expenses of $96K, and assets of $254K (revenue +101.9% year-over-year).
- 2020: Revenue of $86K, expenses of $84K, and assets of $123K (revenue +24.2% year-over-year).
- 2019: Revenue of $69K, expenses of $62K, and assets of $111K (revenue -57.0% year-over-year).
- 2018: Revenue of $161K, expenses of $86K, and assets of $107K (revenue -26.0% year-over-year).
- 2017: Revenue of $217K, expenses of $209K, and assets of $48K (revenue -1.0% year-over-year).
- 2016: Revenue of $219K, expenses of $264K, and assets of $26K (revenue -25.4% year-over-year).
- 2015: Revenue of $294K, expenses of $244K, and assets of $58K (revenue -18.0% year-over-year).
- 2014: Revenue of $358K, expenses of $249K, and assets of $35K (revenue +25.4% year-over-year).
- 2013: Revenue of $286K, expenses of $464K, and assets of $34K (revenue -42.3% year-over-year).
- 2012: Revenue of $495K, expenses of $558K, and assets of $68K (revenue -8.8% year-over-year).
- 2011: Revenue of $543K, expenses of $549K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Arts:
Data Sources and Methodology
This transparency report for La 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.