Mt Washington Valley Arts Association
Mt Washington Valley Arts Association operates on a small budget with volunteer leadership and minimal liabilities.
EIN: 20364154 · North Conway, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $61K |
| Program Spending | 85% |
| Net Assets | $17K |
| Transparency Score | 80/100 |
Is Mt Washington Valley Arts Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mt Washington Valley Arts Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mt Washington Valley Arts Association
Mt Washington Valley Arts Association (EIN: 20364154) is a nonprofit organization based in North Conway, NH. The organization reported total revenue of $56K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Washington Valley Arts Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Washington Valley Arts Association is a micro nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $61K |
| Surplus / Deficit | $-1,407 |
| Total Assets | $18K |
| Total Liabilities | $150 |
| Net Assets | $17K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, Mt Washington Valley Arts Association reported a deficit of $1K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mt Washington Valley Arts Association's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.0% | +34.9% | -7.4% |
| 2022 | -7.5% | +9.9% | +12.2% |
| 2021 | +154.8% | +76.7% | +149.1% |
| 2020 | -42.6% | -42.9% | -32.0% |
| 2019 | -16.5% | -0.8% | -36.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Mt Washington Valley Arts Association with a Mission Score of 80 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, Mt Washington Valley Arts Association 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 deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization, which is highly commendable for a nonprofit of its size and ensures all revenue can be directed towards its mission.
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 Mt Washington Valley Arts Association's IRS 990 filings:
- Lack of detailed functional expense breakdown in available filings, making precise program efficiency difficult to ascertain.
Strengths
The following positive indicators were identified for Mt Washington Valley Arts Association:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Minimal liabilities reported across all filings, suggesting sound financial management.
- Long operating history with 13 filings, demonstrating sustained commitment to its mission.
Frequently Asked Questions about Mt Washington Valley Arts Association
Is Mt Washington Valley Arts Association a legitimate charity?
Mt Washington Valley Arts Association (EIN: 20364154) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $56K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Mt Washington Valley Arts Association spend its money?
Mt Washington Valley Arts Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mt Washington Valley Arts Association tax-deductible?
Mt Washington Valley Arts Association is registered as a tax-exempt nonprofit (EIN: 20364154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mt Washington Valley Arts Association's spending goes to programs?
Mt Washington Valley Arts Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mt Washington Valley Arts Association located?
Mt Washington Valley Arts Association is headquartered in North Conway, New Hampshire and files with the IRS under EIN 20364154.
How many years of IRS 990 filings does Mt Washington Valley Arts Association have?
Mt Washington Valley Arts Association 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 $56K in total revenue.
Is Mt Washington Valley Arts Association a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity, particularly due to its volunteer leadership (0% officer compensation) and consistent operation with minimal liabilities. However, without a detailed functional expense breakdown, it's difficult to fully assess program efficiency.
How does Mt Washington Valley Arts Association manage its finances?
The organization manages its finances conservatively, maintaining low liabilities (typically $0-$150) and operating with a modest asset base (under $20,000). Expenses generally track closely with revenue, sometimes exceeding it slightly, indicating a lean operational model.
What is the trend in revenue and expenses for Mt Washington Valley Arts Association?
Revenue and expenses have fluctuated over the past decade, generally ranging from $20,000 to $60,000 annually. Recent years (2021-2023) show revenue in the $47,000-$59,000 range, with expenses closely mirroring these figures, sometimes resulting in a small deficit or surplus.
Filing History
IRS 990 filing history for Mt Washington Valley Arts Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mt Washington Valley Arts Association's revenue has grown by 0.9%, moving from $59K to $59K. Total assets increased by 82.2% over the same period, from $10K to $18K. Total functional expenses rose by 15.2%, from $53K to $61K. In its most recent filing year (2023), Mt Washington Valley Arts Association reported a deficit of $1K, with expenses exceeding revenue. The organization holds $150 in liabilities against $18K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $61K | $18K | $150 | — | View 990 |
| 2022 | $47K | $45K | $19K | $150 | — | View 990 |
| 2021 | $51K | $41K | $17K | $150 | — | — |
| 2020 | $20K | $23K | $7K | $0 | — | View 990 |
| 2019 | $35K | $41K | $10K | $0 | — | View 990 |
| 2018 | $42K | $41K | $16K | $0 | — | View 990 |
| 2017 | $32K | $37K | $15K | $0 | — | View 990 |
| 2016 | $25K | $24K | $20K | $0 | — | View 990 |
| 2015 | $23K | $24K | $20K | $20 | — | View 990 |
| 2014 | $34K | $25K | $20K | $132 | — | View 990 |
| 2013 | $31K | $33K | $14K | $3K | — | View 990 |
| 2012 | $59K | $54K | $14K | $180 | — | View 990 |
| 2011 | $59K | $53K | $10K | $496 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $61K, and assets of $18K (revenue +26.0% year-over-year).
- 2022: Revenue of $47K, expenses of $45K, and assets of $19K (revenue -7.5% year-over-year).
- 2021: Revenue of $51K, expenses of $41K, and assets of $17K (revenue +154.8% year-over-year).
- 2020: Revenue of $20K, expenses of $23K, and assets of $7K (revenue -42.6% year-over-year).
- 2019: Revenue of $35K, expenses of $41K, and assets of $10K (revenue -16.5% year-over-year).
- 2018: Revenue of $42K, expenses of $41K, and assets of $16K (revenue +30.9% year-over-year).
- 2017: Revenue of $32K, expenses of $37K, and assets of $15K (revenue +29.9% year-over-year).
- 2016: Revenue of $25K, expenses of $24K, and assets of $20K (revenue +4.8% year-over-year).
- 2015: Revenue of $23K, expenses of $24K, and assets of $20K (revenue -30.4% year-over-year).
- 2014: Revenue of $34K, expenses of $25K, and assets of $20K (revenue +8.0% year-over-year).
- 2013: Revenue of $31K, expenses of $33K, and assets of $14K (revenue -46.8% year-over-year).
- 2012: Revenue of $59K, expenses of $54K, and assets of $14K (revenue -0.4% year-over-year).
- 2011: Revenue of $59K, expenses of $53K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Washington Valley Arts Association:
Data Sources and Methodology
This transparency report for Mt Washington Valley Arts Association 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.