Mona Bismarck American Center For Art And Culture

Mona Bismarck American Center For Art And Culture faces severe financial decline with persistent operating deficits and shrinking assets.

EIN: 133073031 · New York, NY · Updated: 2026-03-28

$296KRevenue
$4.0MAssets
45/100Mission Score (Fair)
Mona Bismarck American Center For Art And Culture Financial Summary
MetricValue
Total Revenue$296K
Total Expenses$2.4M
Program Spending75%
CEO/Top Officer Pay$3,986,388
Net Assets$6.2M
Transparency Score45/100

Is Mona Bismarck American Center For Art And Culture Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mona Bismarck American Center For Art And Culture directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mona Bismarck American Center For Art And Culture

Mona Bismarck American Center For Art And Culture (EIN: 133073031) is a nonprofit organization based in New York, NY. The organization reported total revenue of $296K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mona Bismarck American Center For Art And Culture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

45Years Operating
SmallSize Classification
4Years of Filings
MixedRevenue Trajectory

Mona Bismarck American Center For Art And Culture is a small nonprofit that has been operating for 45 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -18.3%.

Key Financial Metrics (2014)

From the most recent IRS 990 filing on record:

Total Revenue$677K
Total Expenses$2.4M
Surplus / Deficit$-1,701,526
Total Assets$6.5M
Total Liabilities$230K
Net Assets$6.2M
Operating Margin-251.4%
Debt-to-Asset Ratio3.6%
Months of Reserves32.6 months

Financial Health Grade: B

In 2014, Mona Bismarck American Center For Art And Culture reported a deficit of $1.7M with expenses exceeding revenue, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).

Financial Trends

Over 4 years of filings (2011–2014), Mona Bismarck American Center For Art And Culture's revenue has declined at a compound annual growth rate (CAGR) of -18.3%.

YearRevenue ChangeExpense ChangeAsset Change
2014-83.6%-5.1%-23.0%
2013+628.0%+26.2%+27.6%
2012-54.3%-46.7%-17.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1981

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Mona Bismarck American Center For Art And Culture exhibits significant financial instability and a concerning trend of declining revenue and assets. In 2014, the organization reported revenue of $676,763 against expenses of $2,378,289, indicating a substantial operating deficit. This pattern is not isolated, as the latest reported revenue of $295,678 is a sharp decline from previous years, notably $4,129,912 in 2013. The organization's assets have also steadily decreased from $8,392,573 in 2013 to $3,986,388 currently, suggesting a depletion of reserves or divestment of holdings. The consistent reporting of 0% officer compensation across all available filings is a positive indicator of transparency regarding executive pay, but the overall financial health raises questions about long-term sustainability and program delivery given the significant and persistent operating losses.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mona Bismarck American Center For Art And Culture with a Mission Score of 45 out of 100 (Fair). 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, Mona Bismarck American Center For Art And Culture 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.

Key Financial Metrics (2014)

From the most recent IRS 990 filing on record:

$677KTotal Revenue
$2.4MTotal Expenses
$6.5MTotal Assets
$230KTotal Liabilities
$6.2MNet Assets
  • The organization reported a deficit of $1.7M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.6%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, which is highly unusual for an organization of this asset size ($3,986,388) and suggests either pro-bono leadership or that compensation is not being reported under 'officer compensation' as expected.

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 Mona Bismarck American Center For Art And Culture's IRS 990 filings:

  • Persistent and significant operating deficits (e.g., $1.7M deficit in 2014).
  • Dramatic decline in revenue from $4.1M in 2013 to $295K currently.
  • Steady decrease in total assets from $8.3M in 2013 to $3.9M currently.
  • Unusually low (0%) reported officer compensation for an organization of this size.

Strengths

The following positive indicators were identified for Mona Bismarck American Center For Art And Culture:

  • Consistent reporting of 0% officer compensation, indicating transparency in that specific area.

Frequently Asked Questions about Mona Bismarck American Center For Art And Culture

Is Mona Bismarck American Center For Art And Culture a legitimate charity?

Mona Bismarck American Center For Art And Culture (EIN: 133073031) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 4 years of IRS 990 filings on record. Total revenue: $296K. 4 red flags identified. 1 strength noted. Financial health grade: B.

How does Mona Bismarck American Center For Art And Culture spend its money?

Mona Bismarck American Center For Art And Culture directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Mona Bismarck American Center For Art And Culture tax-deductible?

Mona Bismarck American Center For Art And Culture is registered as a tax-exempt nonprofit (EIN: 133073031). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Mona Bismarck American Center For Art And Culture CEO make?

Mona Bismarck American Center For Art And Culture's highest-compensated officer earns $3,986,388 annually. The organization reported $296K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mona Bismarck American Center For Art And Culture's spending goes to programs?

Mona Bismarck American Center For Art And Culture directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Mona Bismarck American Center For Art And Culture located?

Mona Bismarck American Center For Art And Culture is headquartered in New York, New York and files with the IRS under EIN 133073031.

How many years of IRS 990 filings does Mona Bismarck American Center For Art And Culture have?

Mona Bismarck American Center For Art And Culture has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $296K in total revenue.

Is Mona Bismarck American Center For Art And Culture financially sustainable?

Based on the consistent and significant operating deficits (e.g., $676,763 revenue vs. $2,378,289 expenses in 2014) and declining assets, the organization's financial sustainability is highly questionable.

Why has the organization's revenue decreased so dramatically?

Revenue has plummeted from $4,129,912 in 2013 to $295,678 currently, a decrease that warrants further investigation into funding sources and operational changes.

What is the reason for the 0% officer compensation?

The consistent reporting of 0% officer compensation is unusual and could indicate pro-bono leadership, or that compensation is being reported in other expense categories, which would impact transparency.

Filing History

IRS 990 filing history for Mona Bismarck American Center For Art And Culture showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2011–2014), Mona Bismarck American Center For Art And Culture's revenue has declined by 45.5%, moving from $1.2M to $677K. Total assets decreased by 19% over the same period, from $8.0M to $6.5M. Total functional expenses fell by 36.1%, from $3.7M to $2.4M. In its most recent filing year (2014), Mona Bismarck American Center For Art And Culture reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $230K in liabilities against $6.5M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $6.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2014 $677K $2.4M $6.5M $230K View 990
2013 $4.1M $2.5M $8.4M $501K View 990
2012 $567K $2.0M $6.6M $133K View 990
2011 $1.2M $3.7M $8.0M $332K View 990

Year-by-Year Financial Summary

  • 2014: Revenue of $677K, expenses of $2.4M, and assets of $6.5M (revenue -83.6% year-over-year).
  • 2013: Revenue of $4.1M, expenses of $2.5M, and assets of $8.4M (revenue +628.0% year-over-year).
  • 2012: Revenue of $567K, expenses of $2.0M, and assets of $6.6M (revenue -54.3% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $3.7M, and assets of $8.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mona Bismarck American Center For Art And Culture:

2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mona Bismarck American Center For Art And Culture 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.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Explore Related Nonprofits

Browse by State