National Art Materials Trade Association
National Art Materials Trade Association shows strong asset growth and zero officer compensation over a decade.
EIN: 116015643 · Huntersville, NC · NTEE: S41Z · Updated: 2026-03-28
Is National Art Materials Trade Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Art Materials Trade Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Art Materials Trade Association
National Art Materials Trade Association (EIN: 116015643) is a nonprofit organization based in Huntersville, NC, classified under NTEE code S41Z. The organization reported total revenue of $1.4M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Art Materials Trade Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Art Materials Trade Association is a mid-size nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $957K |
| Surplus / Deficit | +$402K |
| Total Assets | $1.7M |
| Total Liabilities | $767K |
| Net Assets | $937K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 45.0% |
| Months of Reserves | 21.4 months |
Financial Health Grade: A
In 2022, National Art Materials Trade Association reported a surplus of $402K with revenue exceeding expenses, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 45.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), National Art Materials Trade Association's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +97.1% | +62.7% | +41.7% |
| 2021 | +162.8% | +12.5% | +22.0% |
| 2020 | -68.7% | -44.8% | -15.5% |
| 2019 | -11.0% | -1.8% | -26.9% |
| 2018 | -5.6% | +10.6% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 National Art Materials Trade Association with a Mission Score of 90 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, National Art Materials Trade 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $402K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a highly positive indicator for a nonprofit of its size, suggesting a strong commitment to mission-focused spending.
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.
Strengths
The following positive indicators were identified for National Art Materials Trade Association:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Significant asset growth from $1.1 million in 2013 to over $2.1 million currently.
- Generally positive net income, with revenue exceeding expenses in most years, contributing to financial stability.
- Stable and growing revenue streams, with the latest revenue at $1,400,990.
Frequently Asked Questions about National Art Materials Trade Association
Is National Art Materials Trade Association a legitimate charity?
Based on AI analysis of IRS 990 filings, National Art Materials Trade Association (EIN: 116015643) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does National Art Materials Trade Association spend its money?
National Art Materials Trade Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Art Materials Trade Association tax-deductible?
National Art Materials Trade Association is registered as a tax-exempt nonprofit (EIN: 116015643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Art Materials Trade Association a good charity?
Based on the provided financial data, NAMTA appears to be a well-managed organization. Its consistent revenue, significant asset growth (from $1.1M in 2013 to $2.1M currently), and zero officer compensation are strong indicators of financial health and a commitment to its mission.
How has NAMTA's financial health changed over the past decade?
NAMTA has shown significant financial growth over the past decade. Revenue has generally increased, with the latest reported revenue at $1,400,990, up from $933,058 in 2013. Assets have nearly doubled from $1,161,953 in 2013 to $2,128,215 currently, demonstrating strong financial management and accumulation.
What is the trend in NAMTA's expenses relative to revenue?
NAMTA's expenses have generally been lower than its revenue in most years, allowing for asset growth. For example, in 2022, revenue was $1,358,974 against expenses of $957,167, indicating a surplus. There was an exception in 2020 where expenses ($523,151) exceeded revenue ($262,405), likely due to the pandemic, but the organization recovered well.
Filing History
IRS 990 filing history for National Art Materials Trade Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), National Art Materials Trade Association's revenue has grown by 48.5%, moving from $915K to $1.4M. Total assets increased by 67.3% over the same period, from $1.0M to $1.7M. Total functional expenses rose by 14.7%, from $834K to $957K. In its most recent filing year (2022), National Art Materials Trade Association reported a surplus of $402K, with revenue exceeding expenses. The organization holds $767K in liabilities against $1.7M in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $937K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.4M | $957K | $1.7M | $767K | — | — |
| 2021 | $690K | $588K | $1.2M | $667K | — | View 990 |
| 2020 | $262K | $523K | $985K | $551K | — | View 990 |
| 2019 | $839K | $948K | $1.2M | $471K | — | View 990 |
| 2018 | $943K | $965K | $1.6M | $792K | — | View 990 |
| 2017 | $998K | $872K | $1.7M | $862K | — | View 990 |
| 2016 | $1.0M | $856K | $1.5M | $840K | — | View 990 |
| 2015 | $909K | $736K | $1.5M | $902K | — | View 990 |
| 2014 | $901K | $866K | $1.1M | $609K | — | View 990 |
| 2013 | $933K | $860K | $1.2M | $673K | — | View 990 |
| 2012 | $992K | $922K | $1.1M | $659K | — | View 990 |
| 2011 | $915K | $834K | $1.0M | $671K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.4M, expenses of $957K, and assets of $1.7M (revenue +97.1% year-over-year).
- 2021: Revenue of $690K, expenses of $588K, and assets of $1.2M (revenue +162.8% year-over-year).
- 2020: Revenue of $262K, expenses of $523K, and assets of $985K (revenue -68.7% year-over-year).
- 2019: Revenue of $839K, expenses of $948K, and assets of $1.2M (revenue -11.0% year-over-year).
- 2018: Revenue of $943K, expenses of $965K, and assets of $1.6M (revenue -5.6% year-over-year).
- 2017: Revenue of $998K, expenses of $872K, and assets of $1.7M (revenue -0.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $856K, and assets of $1.5M (revenue +10.8% year-over-year).
- 2015: Revenue of $909K, expenses of $736K, and assets of $1.5M (revenue +0.8% year-over-year).
- 2014: Revenue of $901K, expenses of $866K, and assets of $1.1M (revenue -3.4% year-over-year).
- 2013: Revenue of $933K, expenses of $860K, and assets of $1.2M (revenue -5.9% year-over-year).
- 2012: Revenue of $992K, expenses of $922K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2011: Revenue of $915K, expenses of $834K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Art Materials Trade Association:
Data Sources and Methodology
This transparency report for National Art Materials Trade 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.