Lumberyard Arts Center Inc
Lumberyard Arts Center Inc consistently directs 75% of spending to programs with no executive compensation.
EIN: 205647119 · Baldwin City, KS · NTEE: A61 · Updated: 2026-03-28
Is Lumberyard Arts Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lumberyard Arts Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lumberyard Arts Center Inc
Lumberyard Arts Center Inc (EIN: 205647119) is a nonprofit organization based in Baldwin City, KS, classified under NTEE code A61. The organization reported total revenue of $136K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lumberyard Arts Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lumberyard Arts Center Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Lumberyard Arts Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets over $360,000.
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 Lumberyard Arts Center Inc:
- Strong program spending ratio (75% in 2023)
- 0% executive compensation across all filings
- Consistent asset base (over $360,000 in 2023)
- Low liabilities relative to assets
- Consistent IRS 990 filing history
Frequently Asked Questions about Lumberyard Arts Center Inc
Is Lumberyard Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lumberyard Arts Center Inc (EIN: 205647119) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Lumberyard Arts Center Inc spend its money?
Lumberyard Arts Center Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lumberyard Arts Center Inc tax-deductible?
Lumberyard Arts Center Inc is registered as a tax-exempt nonprofit (EIN: 205647119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lumberyard Arts Center Inc a good charity?
Yes, Lumberyard Arts Center Inc appears to be a good charity. It consistently dedicates a high percentage of its expenses (around 75% in 2023) to program services and reports 0% executive compensation, indicating strong financial efficiency and a clear focus on its mission.
How has Lumberyard Arts Center Inc's revenue trended over time?
Lumberyard Arts Center Inc's revenue has shown growth and fluctuation. It increased from $42,356 in 2016 to $169,594 in 2023, demonstrating an ability to attract more funding over time, though there are dips in between years.
What is the organization's financial stability?
The organization demonstrates good financial stability with consistent assets, most recently $362,466 in 2023, and relatively low liabilities ($3,918 in 2023). While it occasionally operates with a slight deficit, its asset base provides a strong buffer.
Filing History
IRS 990 filing history for Lumberyard Arts Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Lumberyard Arts Center Inc's revenue has grown by 431.5%, moving from $32K to $170K. Total assets decreased by 2.3% over the same period, from $371K to $362K. Total functional expenses rose by 482.8%, from $30K to $175K. In its most recent filing year (2023), Lumberyard Arts Center Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $4K in liabilities against $362K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $359K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $170K | $175K | $362K | $4K | — | — |
| 2022 | $104K | $138K | $366K | $2K | — | View 990 |
| 2021 | $109K | $134K | $403K | $4K | — | View 990 |
| 2020 | $108K | $85K | $438K | $2K | — | — |
| 2018 | $75K | $81K | $365K | $2K | — | View 990 |
| 2017 | $73K | $87K | $373K | $4K | — | View 990 |
| 2016 | $42K | $44K | $384K | $0 | — | View 990 |
| 2015 | $42K | $49K | $387K | $791 | — | View 990 |
| 2014 | $108K | $44K | $394K | $674 | — | View 990 |
| 2013 | $38K | $41K | $343K | $13K | — | View 990 |
| 2012 | $79K | $46K | $390K | $57K | — | View 990 |
| 2011 | $32K | $30K | $371K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170K, expenses of $175K, and assets of $362K (revenue +63.8% year-over-year).
- 2022: Revenue of $104K, expenses of $138K, and assets of $366K (revenue -5.3% year-over-year).
- 2021: Revenue of $109K, expenses of $134K, and assets of $403K (revenue +1.4% year-over-year).
- 2020: Revenue of $108K, expenses of $85K, and assets of $438K (revenue +44.3% year-over-year).
- 2018: Revenue of $75K, expenses of $81K, and assets of $365K (revenue +2.6% year-over-year).
- 2017: Revenue of $73K, expenses of $87K, and assets of $373K (revenue +72.0% year-over-year).
- 2016: Revenue of $42K, expenses of $44K, and assets of $384K (revenue +1.2% year-over-year).
- 2015: Revenue of $42K, expenses of $49K, and assets of $387K (revenue -61.2% year-over-year).
- 2014: Revenue of $108K, expenses of $44K, and assets of $394K (revenue +184.7% year-over-year).
- 2013: Revenue of $38K, expenses of $41K, and assets of $343K (revenue -52.4% year-over-year).
- 2012: Revenue of $79K, expenses of $46K, and assets of $390K (revenue +148.9% year-over-year).
- 2011: Revenue of $32K, expenses of $30K, and assets of $371K.
Data Sources and Methodology
This transparency report for Lumberyard Arts Center 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.