Layton Art Collection Inc
EIN: 391476621 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $122K |
| Net Assets | $1.9M |
Is Layton Art Collection Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Layton Art Collection Inc
Layton Art Collection Inc (EIN: 391476621) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $165K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Layton Art Collection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Layton Art Collection Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $122K |
| Surplus / Deficit | +$30K |
| Total Assets | $1.9M |
| Net Assets | $1.9M |
| Operating Margin | 19.9% |
| Months of Reserves | 189.5 months |
Financial Health Grade: A
In 2023, Layton Art Collection Inc reported a surplus of $30K with revenue exceeding expenses, holds 189.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2023), Layton Art Collection Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.3% | +139.1% | +14.8% |
| 2022 | +0.2% | +3.3% | -12.2% |
| 2021 | +89.1% | +123.5% | +15.7% |
| 2020 | -25.1% | +31.6% | +9.8% |
| 2019 | -0.5% | -54.8% | +19.4% |
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 Analysis Pending
AI enrichment for Layton Art Collection Inc 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 Layton Art Collection Inc 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 $30K, with revenue exceeding expenses.
Frequently Asked Questions about Layton Art Collection Inc
Is Layton Art Collection Inc a legitimate charity?
Layton Art Collection Inc (EIN: 391476621) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $165K. No red flags identified. Financial health grade: A.
How does Layton Art Collection Inc spend its money?
Layton Art Collection Inc reported $165K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Layton Art Collection Inc tax-deductible?
Layton Art Collection Inc is registered as a tax-exempt nonprofit (EIN: 391476621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Layton Art Collection Inc located?
Layton Art Collection Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391476621.
How many years of IRS 990 filings does Layton Art Collection Inc have?
Layton Art Collection 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 $165K in total revenue.
Filing History
IRS 990 filing history for Layton Art Collection Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Layton Art Collection Inc's revenue has grown by 130.4%, moving from $66K to $153K. Total assets increased by 86% over the same period, from $1.0M to $1.9M. Total functional expenses rose by 87.3%, from $65K to $122K. In its most recent filing year (2023), Layton Art Collection Inc reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $122K | $1.9M | $0 | — | View 990 |
| 2022 | $109K | $51K | $1.7M | $0 | — | View 990 |
| 2021 | $109K | $50K | $1.9M | $0 | — | — |
| 2020 | $57K | $22K | $1.7M | $0 | — | View 990 |
| 2019 | $77K | $17K | $1.5M | $0 | — | View 990 |
| 2018 | $77K | $37K | $1.3M | $0 | — | View 990 |
| 2017 | $72K | $31K | $1.3M | $0 | — | View 990 |
| 2016 | $124K | $56K | $1.2M | $0 | — | View 990 |
| 2015 | $296K | $202K | $1.1M | $0 | — | View 990 |
| 2015 | $77K | $65K | $1.2M | $0 | — | View 990 |
| 2014 | $212K | $284K | $1.1M | $0 | — | View 990 |
| 2013 | $288K | $157K | $1.2M | $0 | — | View 990 |
| 2012 | $66K | $65K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $122K, and assets of $1.9M (revenue +40.3% year-over-year).
- 2022: Revenue of $109K, expenses of $51K, and assets of $1.7M (revenue +0.2% year-over-year).
- 2021: Revenue of $109K, expenses of $50K, and assets of $1.9M (revenue +89.1% year-over-year).
- 2020: Revenue of $57K, expenses of $22K, and assets of $1.7M (revenue -25.1% year-over-year).
- 2019: Revenue of $77K, expenses of $17K, and assets of $1.5M (revenue -0.5% year-over-year).
- 2018: Revenue of $77K, expenses of $37K, and assets of $1.3M (revenue +6.8% year-over-year).
- 2017: Revenue of $72K, expenses of $31K, and assets of $1.3M (revenue -41.7% year-over-year).
- 2016: Revenue of $124K, expenses of $56K, and assets of $1.2M (revenue -58.2% year-over-year).
- 2015: Revenue of $296K, expenses of $202K, and assets of $1.1M (revenue +286.9% year-over-year).
- 2015: Revenue of $77K, expenses of $65K, and assets of $1.2M (revenue -64.0% year-over-year).
- 2014: Revenue of $212K, expenses of $284K, and assets of $1.1M (revenue -26.4% year-over-year).
- 2013: Revenue of $288K, expenses of $157K, and assets of $1.2M (revenue +335.0% year-over-year).
- 2012: Revenue of $66K, expenses of $65K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Layton Art Collection Inc:
Data Sources and Methodology
This transparency report for Layton Art Collection 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.