Munson Williams Proctor Arts Institute
Munson Williams Proctor Arts Institute maintains substantial assets despite recent minor operating deficit and reports no officer compensation.
EIN: 150532214 · Utica, NY · NTEE: A200 · Updated: 2026-03-28
Is Munson Williams Proctor Arts Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Munson Williams Proctor Arts Institute directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Munson Williams Proctor Arts Institute
Munson Williams Proctor Arts Institute (EIN: 150532214) is a nonprofit organization based in Utica, NY, classified under NTEE code A200. The organization reported total revenue of $35.5M and total assets of $153.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Munson Williams Proctor Arts Institute'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 Munson Williams Proctor Arts Institute 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Munson Williams Proctor Arts Institute allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization of its size and asset base ($153,126,009). This suggests either a unique compensation structure where executives are not classified as 'officers' for 990 purposes, or that compensation is covered by other entities, or that leadership is entirely volunteer-based, which would be exceptional.
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 Munson Williams Proctor Arts Institute's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and requires further investigation to understand executive remuneration practices.
Strengths
The following positive indicators were identified for Munson Williams Proctor Arts Institute:
- Substantial and growing asset base ($153,126,009 latest), providing strong financial security.
- Generally positive revenue-to-expense ratios over the past decade, indicating effective financial management in most periods.
- Consistent IRS 990 filing history (13 filings), demonstrating good compliance and transparency.
- No reported officer compensation, which, if accurate in reflecting no executive pay, would indicate exceptional efficiency in that area.
Frequently Asked Questions about Munson Williams Proctor Arts Institute
Is Munson Williams Proctor Arts Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Munson Williams Proctor Arts Institute (EIN: 150532214) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Munson Williams Proctor Arts Institute spend its money?
Munson Williams Proctor Arts Institute directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Munson Williams Proctor Arts Institute tax-deductible?
Munson Williams Proctor Arts Institute is registered as a tax-exempt nonprofit (EIN: 150532214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Munson Williams Proctor Arts Institute manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with assets exceeding $150 million. This could indicate that executive leadership is compensated through a related organization, through a different classification on the 990 (e.g., as employees rather than officers), or that the organization relies heavily on volunteer leadership. Further detail from the full 990 forms would be needed to clarify this.
Is the organization financially stable given the latest filing's deficit?
While the latest filing (202306) shows expenses ($18,584,785) slightly exceeding revenue ($17,869,525), the organization possesses substantial assets ($153,126,009). This large asset base provides a strong buffer, indicating that a single year's minor deficit does not significantly threaten its overall financial stability.
What is the trend in the organization's assets?
The organization's assets have shown consistent growth over the long term, from $139,210,323 in 2014 to $153,126,009 in the latest period. While there have been minor fluctuations year-to-year (e.g., a dip from $158,105,602 in 2021 to $145,470,510 in 2023), the overall trend indicates healthy asset accumulation.
Filing History
IRS 990 filing history for Munson Williams Proctor Arts Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Munson Williams Proctor Arts Institute's revenue has grown by 33.6%, moving from $13.4M to $17.9M. Total assets increased by 6.8% over the same period, from $136.3M to $145.5M. Total functional expenses rose by 43.6%, from $12.9M to $18.6M. In its most recent filing year (2023), Munson Williams Proctor Arts Institute reported a deficit of $715K, with expenses exceeding revenue. The organization holds $13.8M in liabilities against $145.5M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $131.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $17.9M | $18.6M | $145.5M | $13.8M | — | — |
| 2022 | $25.9M | $18.1M | $139.4M | $15.5M | — | View 990 |
| 2021 | $21.8M | $14.0M | $158.1M | $16.5M | — | View 990 |
| 2020 | $17.6M | $16.7M | $133.2M | $18.8M | — | View 990 |
| 2019 | $17.0M | $15.3M | $136.6M | $18.9M | — | View 990 |
| 2018 | $22.6M | $15.2M | $136.4M | $19.7M | — | View 990 |
| 2017 | $11.8M | $13.8M | $132.9M | $20.9M | — | View 990 |
| 2016 | $14.3M | $14.9M | $123.8M | $22.0M | — | View 990 |
| 2015 | $16.4M | $12.7M | $134.5M | $22.7M | — | View 990 |
| 2014 | $9.9M | $12.7M | $139.2M | $23.7M | — | View 990 |
| 2013 | $11.0M | $12.8M | $129.1M | $24.0M | — | View 990 |
| 2012 | $9.3M | $13.8M | $125.1M | $26.0M | — | View 990 |
| 2011 | $13.4M | $12.9M | $136.3M | $26.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.9M, expenses of $18.6M, and assets of $145.5M (revenue -31.1% year-over-year).
- 2022: Revenue of $25.9M, expenses of $18.1M, and assets of $139.4M (revenue +19.1% year-over-year).
- 2021: Revenue of $21.8M, expenses of $14.0M, and assets of $158.1M (revenue +24.0% year-over-year).
- 2020: Revenue of $17.6M, expenses of $16.7M, and assets of $133.2M (revenue +3.6% year-over-year).
- 2019: Revenue of $17.0M, expenses of $15.3M, and assets of $136.6M (revenue -25.0% year-over-year).
- 2018: Revenue of $22.6M, expenses of $15.2M, and assets of $136.4M (revenue +92.1% year-over-year).
- 2017: Revenue of $11.8M, expenses of $13.8M, and assets of $132.9M (revenue -17.4% year-over-year).
- 2016: Revenue of $14.3M, expenses of $14.9M, and assets of $123.8M (revenue -13.1% year-over-year).
- 2015: Revenue of $16.4M, expenses of $12.7M, and assets of $134.5M (revenue +65.1% year-over-year).
- 2014: Revenue of $9.9M, expenses of $12.7M, and assets of $139.2M (revenue -9.7% year-over-year).
- 2013: Revenue of $11.0M, expenses of $12.8M, and assets of $129.1M (revenue +19.0% year-over-year).
- 2012: Revenue of $9.3M, expenses of $13.8M, and assets of $125.1M (revenue -30.8% year-over-year).
- 2011: Revenue of $13.4M, expenses of $12.9M, and assets of $136.3M.
Data Sources and Methodology
This transparency report for Munson Williams Proctor Arts Institute 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.