National Arts Strategies Inc
National Arts Strategies Inc. shows fluctuating revenues and occasional deficits, with no reported officer compensation.
EIN: 133170827 · Alexandria, VA · NTEE: A020 · Updated: 2026-03-28
Is National Arts Strategies Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Arts Strategies Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Arts Strategies Inc
National Arts Strategies Inc (EIN: 133170827) is a nonprofit organization based in Alexandria, VA, classified under NTEE code A020. The organization reported total revenue of $5.3M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Arts Strategies Inc'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 National Arts Strategies Inc with a Mission Score of 75 out of 100 (Good). 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, National Arts Strategies Inc 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
Executive compensation is reported as 0% in all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for donor perception and suggests a strong commitment to mission over personal gain.
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 National Arts Strategies Inc's IRS 990 filings:
- Inconsistent revenue generation with significant year-over-year fluctuations (e.g., $3.2M in 2022 to $1.3M in 2023).
- Expenses frequently exceed revenue in multiple periods (e.g., 2023, 2021, 2016, 2014), indicating operational deficits.
Strengths
The following positive indicators were identified for National Arts Strategies Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and potential volunteer leadership.
- Maintains a substantial and relatively stable asset base (over $8 million in latest filing) despite revenue volatility.
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and operational longevity.
Frequently Asked Questions about National Arts Strategies Inc
Is National Arts Strategies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Arts Strategies Inc (EIN: 133170827) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does National Arts Strategies Inc spend its money?
National Arts Strategies Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Arts Strategies Inc tax-deductible?
National Arts Strategies Inc is registered as a tax-exempt nonprofit (EIN: 133170827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does National Arts Strategies Inc. consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not classified as 'officer compensation' on the 990 form. This is a positive indicator for transparency and dedication to mission.
What is the organization's strategy for addressing periods where expenses exceed revenue, such as in 2023 ($2,651,696 expenses vs. $1,313,986 revenue)?
The organization experiences periods where expenses exceed revenue, as seen in 2023, 2021, 2016, and 2014. Understanding their strategy for managing these deficits, whether through reserves, future fundraising, or operational adjustments, is crucial for assessing long-term financial health.
How does National Arts Strategies Inc. maintain a stable asset base despite significant revenue fluctuations?
Despite revenue varying from $950,841 to $3,909,885, the organization's assets have remained relatively stable, ranging from approximately $6.2 million to $10 million. This suggests effective asset management and potentially a strong endowment or investment strategy.
Filing History
IRS 990 filing history for National Arts Strategies Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Arts Strategies Inc's revenue has declined by 72.7%, moving from $4.8M to $1.3M. Total assets increased by 0.1% over the same period, from $8.2M to $8.2M. Total functional expenses rose by 11.3%, from $2.4M to $2.7M. In its most recent filing year (2023), National Arts Strategies Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $249K in liabilities against $8.2M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $2.7M | $8.2M | $249K | — | — |
| 2022 | $3.2M | $2.6M | $9.4M | $442K | — | — |
| 2021 | $2.0M | $2.2M | $10.0M | $517K | — | View 990 |
| 2020 | $3.9M | $2.2M | $9.9M | $461K | — | View 990 |
| 2019 | $3.3M | $3.0M | $8.2M | $654K | — | View 990 |
| 2018 | $2.4M | $2.3M | $7.3M | $606K | — | View 990 |
| 2017 | $2.6M | $2.3M | $7.3M | $364K | — | — |
| 2016 | $951K | $1.9M | $6.3M | $248K | — | View 990 |
| 2015 | $2.3M | $1.9M | $7.3M | $134K | — | View 990 |
| 2014 | $1.9M | $2.4M | $7.2M | $113K | — | View 990 |
| 2013 | $2.2M | $2.8M | $8.0M | $57K | — | View 990 |
| 2012 | $1.4M | $2.0M | $7.9M | $91K | — | View 990 |
| 2011 | $4.8M | $2.4M | $8.2M | $215K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $2.7M, and assets of $8.2M (revenue -59.4% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.6M, and assets of $9.4M (revenue +58.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.2M, and assets of $10.0M (revenue -47.7% year-over-year).
- 2020: Revenue of $3.9M, expenses of $2.2M, and assets of $9.9M (revenue +19.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.0M, and assets of $8.2M (revenue +36.6% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $7.3M (revenue -9.0% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.3M, and assets of $7.3M (revenue +177.5% year-over-year).
- 2016: Revenue of $951K, expenses of $1.9M, and assets of $6.3M (revenue -59.2% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.9M, and assets of $7.3M (revenue +19.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.4M, and assets of $7.2M (revenue -13.3% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.8M, and assets of $8.0M (revenue +57.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.0M, and assets of $7.9M (revenue -70.4% year-over-year).
- 2011: Revenue of $4.8M, expenses of $2.4M, and assets of $8.2M.
Data Sources and Methodology
This transparency report for National Arts Strategies Inc 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.