Mid Atlantic Center For The Arts
Mid Atlantic Center For The Arts: Strong Financials, High Program Spending
EIN: 221923415 · Cape May, NJ · NTEE: A610 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| Net Assets | $5.2M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Mid Atlantic Center For The Arts Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mid Atlantic Center For The Arts is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mid Atlantic Center For The Arts in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $4.4M and expenses of $3.7M.
Revenue and Expenses
Mid Atlantic Center For The Arts reported $4.4M in revenue and $3.7M in expenses, a surplus of $632K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Mid Atlantic Center For The Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.2M (85%) |
Across stored filings, Mid Atlantic Center For The Arts shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Mid Atlantic Center For The Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mid Atlantic Center For The Arts
Mid Atlantic Center For The Arts (EIN: 221923415) is a nonprofit organization based in Cape May, NJ, classified under NTEE code A610. The organization reported total revenue of $5.0M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Atlantic Center For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Atlantic Center For The Arts is a mid-size nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$632K |
| Total Assets | $5.8M |
| Total Liabilities | $650K |
| Net Assets | $5.2M |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, Mid Atlantic Center For The Arts reported a surplus of $632K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mid Atlantic Center For The Arts's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +3.5% | +10.7% |
| 2022 | -3.6% | +14.7% | +8.6% |
| 2021 | +119.5% | +27.4% | +31.1% |
| 2020 | -57.1% | -33.3% | +0.8% |
| 2019 | +27.2% | +2.6% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1971 |
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 Mid Atlantic Center For The Arts with a Mission Score of 85 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, Mid Atlantic Center For The 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $632K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for key employees were provided in the available data.
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 Mid Atlantic Center For The Arts's IRS 990 filings:
- Lack of specific executive compensation details in the provided data makes it difficult to fully evaluate leadership costs.
Strengths
The following positive indicators were identified for Mid Atlantic Center For The Arts:
- Consistently strong revenue generation, with 2023 revenue at $4,377,678.
- Healthy asset growth, reaching $5,801,270 in 2023.
- Program expenses consistently represent a high percentage of total expenses, indicating a focus on mission delivery.
- Positive net assets and low liabilities demonstrate financial stability.
Frequently Asked Questions about Mid Atlantic Center For The Arts
Is Mid Atlantic Center For The Arts a legitimate charity?
Mid Atlantic Center For The Arts (EIN: 221923415) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mid Atlantic Center For The Arts spend its money?
Mid Atlantic Center For The Arts directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mid Atlantic Center For The Arts tax-deductible?
Mid Atlantic Center For The Arts is registered as a tax-exempt nonprofit (EIN: 221923415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mid Atlantic Center For The Arts's spending goes to programs?
Mid Atlantic Center For The Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mid Atlantic Center For The Arts compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mid Atlantic Center For The Arts is above average for NTEE category A610 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mid Atlantic Center For The Arts located?
Mid Atlantic Center For The Arts is headquartered in Cape May, New Jersey and files with the IRS under EIN 221923415. It is classified under NTEE code A610.
How many years of IRS 990 filings does Mid Atlantic Center For The Arts have?
Mid Atlantic Center For The Arts 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 $5.0M in total revenue.
What does Mid Atlantic Center For The Arts do?
Mid Atlantic Center For The Arts is a nonprofit organization in the Arts, Culture & Humanities sector, located in Cape May, New Jersey. It is classified under NTEE code A610.
How much revenue does Mid Atlantic Center For The Arts have?
Mid Atlantic Center For The Arts reported total revenue of $4,959,948. Based on 13 IRS 990 filings on record.
What are Mid Atlantic Center For The Arts's total assets?
Mid Atlantic Center For The Arts holds total assets of $6,735,954 as reported in IRS 990 filings.
Where is Mid Atlantic Center For The Arts located?
Mid Atlantic Center For The Arts is based in Cape May, New Jersey.
What is Mid Atlantic Center For The Arts's EIN?
Mid Atlantic Center For The Arts's Employer Identification Number (EIN) is 221923415. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mid Atlantic Center For The Arts?
Mid Atlantic Center For The Arts is classified under NTEE code A610 (Arts, Culture & Humanities).
Is Mid Atlantic Center For The Arts a registered 501(c)(3)?
Yes, Mid Atlantic Center For The Arts is recognized as a tax-exempt organization by the IRS. EIN: 221923415.
Does Mid Atlantic Center For The Arts file IRS Form 990?
Yes, Mid Atlantic Center For The Arts has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Mid Atlantic Center For The Arts's revenue in 2023?
In the 202312 filing period, Mid Atlantic Center For The Arts reported total revenue of $4,377,678, total expenses of $3,746,178, and net assets of $5,801,270.
Is Mid Atlantic Center For The Arts's revenue growing or declining?
Mid Atlantic Center For The Arts's revenue is relatively stable. Revenue went from $4,239,186 (202212) to $4,377,678 (202312), a +3.3% change. Based on 13 filings on record.
What is Mid Atlantic Center For The Arts's most recent 990 filing?
The most recent IRS Form 990 filing for Mid Atlantic Center For The Arts covers tax period 202312. It shows revenue of $4,377,678, expenses of $3,746,178, total assets of $5,801,270, and liabilities of $650,112.
How much does Mid Atlantic Center For The Arts spend on programs vs administration?
Based on IRS 990 analysis, Mid Atlantic Center For The Arts allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Mid Atlantic Center For The Arts a trustworthy charity?
Based on AI analysis of IRS 990 data, Mid Atlantic Center For The Arts appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Mid Atlantic Center For The Arts?
The following concerns were identified: Lack of specific executive compensation details in the provided data makes it difficult to fully evaluate leadership costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mid Atlantic Center For The Arts's strengths?
Positive indicators for Mid Atlantic Center For The Arts include: Consistently strong revenue generation, with 2023 revenue at $4,377,678.. Healthy asset growth, reaching $5,801,270 in 2023.. Program expenses consistently represent a high percentage of total expenses, indicating a focus on mission delivery.. Positive net assets and low liabilities demonstrate financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Mid Atlantic Center For The Arts compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for key employees were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to maintain consistent revenue and asset growth despite fluctuations in the broader economic environment?
The organization has demonstrated resilience, with revenues consistently above $4 million in recent years (e.g., $4,377,678 in 2023) and assets steadily increasing, suggesting effective fundraising and financial management strategies.
What factors contributed to the significant increase in assets from $3,681,343 in 2020 to $5,801,270 in 2023?
The substantial asset growth, particularly from 2020 to 2023, indicates successful capital campaigns, investment returns, or significant donations, alongside consistent operational surpluses.
Filing History
IRS 990 filing history for Mid Atlantic Center For The Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mid Atlantic Center For The Arts's revenue has grown by 41.3%, moving from $3.1M to $4.4M. Total assets increased by 113.8% over the same period, from $2.7M to $5.8M. Total functional expenses rose by 11.7%, from $3.4M to $3.7M. In its most recent filing year (2023), Mid Atlantic Center For The Arts reported a surplus of $632K, with revenue exceeding expenses. The organization holds $650K in liabilities against $5.8M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $3.7M | $5.8M | $650K | — | View 990 |
| 2022 | $4.2M | $3.6M | $5.2M | $832K | — | — |
| 2021 | $4.4M | $3.2M | $4.8M | $825K | — | View 990 |
| 2020 | $2.0M | $2.5M | $3.7M | $926K | — | View 990 |
| 2019 | $4.7M | $3.7M | $3.7M | $473K | — | View 990 |
| 2018 | $3.7M | $3.6M | $2.7M | $564K | — | View 990 |
| 2017 | $3.4M | $3.3M | $2.7M | $522K | — | View 990 |
| 2016 | $3.4M | $3.3M | $2.4M | $356K | — | View 990 |
| 2015 | $3.3M | $3.4M | $2.3M | $358K | — | View 990 |
| 2014 | $3.2M | $3.4M | $2.5M | $450K | — | View 990 |
| 2013 | $3.2M | $3.3M | $2.6M | $432K | — | View 990 |
| 2012 | $3.1M | $3.2M | $2.7M | $495K | — | View 990 |
| 2011 | $3.1M | $3.4M | $2.7M | $483K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $3.7M, and assets of $5.8M (revenue +3.3% year-over-year).
- 2022: Revenue of $4.2M, expenses of $3.6M, and assets of $5.2M (revenue -3.6% year-over-year).
- 2021: Revenue of $4.4M, expenses of $3.2M, and assets of $4.8M (revenue +119.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.5M, and assets of $3.7M (revenue -57.1% year-over-year).
- 2019: Revenue of $4.7M, expenses of $3.7M, and assets of $3.7M (revenue +27.2% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.6M, and assets of $2.7M (revenue +6.6% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.3M, and assets of $2.7M (revenue +2.4% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.3M, and assets of $2.4M (revenue +2.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.4M, and assets of $2.3M (revenue +2.6% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.4M, and assets of $2.5M (revenue -1.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.3M, and assets of $2.6M (revenue +4.6% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.2M, and assets of $2.7M (revenue -0.5% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.4M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Atlantic Center For The Arts:
Data Sources and Methodology
This transparency report for Mid Atlantic Center For The 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.