Maurice Walk Fine Arts Foundation
EIN: 364327696 · Minnetonka, MN · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $590K |
| Total Expenses | $490K |
| Net Assets | $4.6M |
Is Maurice Walk Fine Arts Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maurice Walk Fine Arts Foundation
Maurice Walk Fine Arts Foundation (EIN: 364327696) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code T22. The organization reported total revenue of $590K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maurice Walk Fine Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maurice Walk Fine Arts Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $980K |
| Total Expenses | $490K |
| Surplus / Deficit | +$490K |
| Total Assets | $4.6M |
| Total Liabilities | $1 |
| Net Assets | $4.6M |
| Operating Margin | 50.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 112.2 months |
Financial Health Grade: A
In 2023, Maurice Walk Fine Arts Foundation reported a surplus of $490K with revenue exceeding expenses, holds 112.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Maurice Walk Fine Arts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | -80.1% | +16.1% |
| 2022 | +10.9% | +535.2% | -28.1% |
| 2021 | +278.3% | -8.8% | +11.4% |
| 2020 | -3.6% | +49.7% | +2.7% |
| 2019 | +280.3% | -25.1% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maurice Walk Fine Arts Foundation 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 Maurice Walk Fine Arts Foundation 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 $490K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Maurice Walk Fine Arts Foundation
Is Maurice Walk Fine Arts Foundation a legitimate charity?
Maurice Walk Fine Arts Foundation (EIN: 364327696) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $590K. No red flags identified. Financial health grade: A.
How does Maurice Walk Fine Arts Foundation spend its money?
Maurice Walk Fine Arts Foundation reported $590K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maurice Walk Fine Arts Foundation tax-deductible?
Maurice Walk Fine Arts Foundation is registered as a tax-exempt nonprofit (EIN: 364327696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maurice Walk Fine Arts Foundation located?
Maurice Walk Fine Arts Foundation is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 364327696. It is classified under NTEE code T22.
How many years of IRS 990 filings does Maurice Walk Fine Arts Foundation have?
Maurice Walk Fine Arts Foundation 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. The most recent filing shows $590K in total revenue.
Filing History
IRS 990 filing history for Maurice Walk Fine Arts Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maurice Walk Fine Arts Foundation's revenue has grown by 256.2%, moving from $275K to $980K. Total assets decreased by 29.6% over the same period, from $6.5M to $4.6M. Total functional expenses rose by 84.9%, from $265K to $490K. In its most recent filing year (2023), Maurice Walk Fine Arts Foundation reported a surplus of $490K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $980K | $490K | $4.6M | $1 | — | View 990 |
| 2022 | $948K | $2.5M | $3.9M | $1 | — | View 990 |
| 2021 | $855K | $388K | $5.5M | $1 | — | View 990 |
| 2020 | $226K | $425K | $4.9M | $1 | — | View 990 |
| 2019 | $234K | $284K | $4.8M | $0 | — | View 990 |
| 2015 | $62K | $379K | $5.3M | $0 | — | View 990 |
| 2014 | $348K | $694K | $5.6M | $0 | — | View 990 |
| 2013 | $630K | $306K | $6.0M | $0 | — | View 990 |
| 2012 | $212K | $1.0M | $5.7M | $0 | — | View 990 |
| 2011 | $275K | $265K | $6.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $980K, expenses of $490K, and assets of $4.6M (revenue +3.4% year-over-year).
- 2022: Revenue of $948K, expenses of $2.5M, and assets of $3.9M (revenue +10.9% year-over-year).
- 2021: Revenue of $855K, expenses of $388K, and assets of $5.5M (revenue +278.3% year-over-year).
- 2020: Revenue of $226K, expenses of $425K, and assets of $4.9M (revenue -3.6% year-over-year).
- 2019: Revenue of $234K, expenses of $284K, and assets of $4.8M (revenue +280.3% year-over-year).
- 2015: Revenue of $62K, expenses of $379K, and assets of $5.3M (revenue -82.3% year-over-year).
- 2014: Revenue of $348K, expenses of $694K, and assets of $5.6M (revenue -44.8% year-over-year).
- 2013: Revenue of $630K, expenses of $306K, and assets of $6.0M (revenue +197.8% year-over-year).
- 2012: Revenue of $212K, expenses of $1.0M, and assets of $5.7M (revenue -23.1% year-over-year).
- 2011: Revenue of $275K, expenses of $265K, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maurice Walk Fine Arts Foundation:
Data Sources and Methodology
This transparency report for Maurice Walk Fine Arts Foundation 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.