Lamplight Artists
EIN: 251806070 · Charles Town, WV · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $57K |
| Net Assets | $-39,628 |
Is Lamplight Artists Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lamplight Artists
Lamplight Artists (EIN: 251806070) is a nonprofit organization based in Charles Town, WV, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lamplight Artists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lamplight Artists is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $57K |
| Surplus / Deficit | $-9,350 |
| Total Assets | $18K |
| Total Liabilities | $57K |
| Net Assets | $-39,628 |
| Operating Margin | -19.7% |
| Debt-to-Asset Ratio | 322.3% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2020, Lamplight Artists reported a deficit of $9K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 322.3% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Lamplight Artists's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -59.6% | -48.9% | -19.8% |
| 2019 | -20.1% | -20.8% | -18.6% |
| 2018 | +17.7% | +5.4% | +480.6% |
| 2017 | +0.0% | -1.3% | -48.2% |
| 2016 | -28.6% | -30.8% | -52.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lamplight Artists 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 Lamplight Artists 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 322.3%.
Frequently Asked Questions about Lamplight Artists
Is Lamplight Artists a legitimate charity?
Lamplight Artists (EIN: 251806070) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Lamplight Artists spend its money?
Lamplight Artists reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lamplight Artists tax-deductible?
Lamplight Artists is registered as a tax-exempt nonprofit (EIN: 251806070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lamplight Artists located?
Lamplight Artists is headquartered in Charles Town, West Virginia and files with the IRS under EIN 251806070. It is classified under NTEE code X20.
How many years of IRS 990 filings does Lamplight Artists have?
Lamplight Artists has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lamplight Artists showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Lamplight Artists's revenue has declined by 64.6%, moving from $134K to $47K. Total assets increased by 204.4% over the same period, from $6K to $18K. Total functional expenses fell by 59.5%, from $140K to $57K. In its most recent filing year (2020), Lamplight Artists reported a deficit of $9K, with expenses exceeding revenue. The organization holds $57K in liabilities against $18K in assets (debt-to-asset ratio: 322.3%), resulting in net assets of $-39,628.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $47K | $57K | $18K | $57K | — | — |
| 2019 | $117K | $111K | $22K | $53K | — | View 990 |
| 2018 | $147K | $140K | $27K | $64K | — | View 990 |
| 2017 | $125K | $133K | $5K | $51K | — | View 990 |
| 2016 | $125K | $135K | $9K | $49K | — | View 990 |
| 2015 | $175K | $195K | $19K | $49K | — | View 990 |
| 2014 | $168K | $166K | $29K | $37K | — | View 990 |
| 2013 | $161K | $150K | $16K | $27K | — | View 990 |
| 2012 | $152K | $136K | $24K | $46K | — | View 990 |
| 2011 | $134K | $140K | $6K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $47K, expenses of $57K, and assets of $18K (revenue -59.6% year-over-year).
- 2019: Revenue of $117K, expenses of $111K, and assets of $22K (revenue -20.1% year-over-year).
- 2018: Revenue of $147K, expenses of $140K, and assets of $27K (revenue +17.7% year-over-year).
- 2017: Revenue of $125K, expenses of $133K, and assets of $5K (revenue +0.0% year-over-year).
- 2016: Revenue of $125K, expenses of $135K, and assets of $9K (revenue -28.6% year-over-year).
- 2015: Revenue of $175K, expenses of $195K, and assets of $19K (revenue +3.9% year-over-year).
- 2014: Revenue of $168K, expenses of $166K, and assets of $29K (revenue +4.5% year-over-year).
- 2013: Revenue of $161K, expenses of $150K, and assets of $16K (revenue +5.7% year-over-year).
- 2012: Revenue of $152K, expenses of $136K, and assets of $24K (revenue +13.7% year-over-year).
- 2011: Revenue of $134K, expenses of $140K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lamplight Artists:
Data Sources and Methodology
This transparency report for Lamplight Artists 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.