National Cartoonists Society Foundation Inc
National Cartoonists Society Foundation Inc. maintains over $1 million in assets despite recent operating deficits.
EIN: 202574783 · Livonia, MI · NTEE: T990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $245K |
| Program Spending | 85% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is National Cartoonists Society Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Cartoonists Society Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Cartoonists Society Foundation Inc
National Cartoonists Society Foundation Inc (EIN: 202574783) is a nonprofit organization based in Livonia, MI, classified under NTEE code T990. The organization reported total revenue of $228K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Cartoonists Society Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Cartoonists Society Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $245K |
| Surplus / Deficit | $-64,952 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -36.1% |
| Months of Reserves | 55.4 months |
Financial Health Grade: B
In 2023, National Cartoonists Society Foundation Inc reported a deficit of $65K with expenses exceeding revenue, holds 55.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), National Cartoonists Society Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +9.6% | +1.3% |
| 2022 | -25.0% | +145.2% | -11.4% |
| 2021 | +88.8% | -28.7% | +9.5% |
| 2020 | -71.7% | -77.2% | +0.3% |
| 2019 | +10.7% | +43.1% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cartoonists Society Foundation Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, National Cartoonists Society Foundation Inc 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 $65K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size.
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 Cartoonists Society Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2020, 2019, 2018, 2016, 2015, 2014) where expenses exceed revenue.
Strengths
The following positive indicators were identified for National Cartoonists Society Foundation Inc:
- Strong asset base consistently over $1 million, providing financial stability.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Consistently low or zero liabilities, demonstrating sound financial management and lack of debt.
Frequently Asked Questions about National Cartoonists Society Foundation Inc
Is National Cartoonists Society Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Cartoonists Society Foundation Inc (EIN: 202574783) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does National Cartoonists Society Foundation Inc spend its money?
National Cartoonists Society Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Cartoonists Society Foundation Inc tax-deductible?
National Cartoonists Society Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202574783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Cartoonists Society Foundation Inc's spending goes to programs?
National Cartoonists Society Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Cartoonists Society Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Cartoonists Society Foundation Inc is above average for NTEE category T990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Cartoonists Society Foundation Inc located?
National Cartoonists Society Foundation Inc is headquartered in Livonia, Michigan and files with the IRS under EIN 202574783. It is classified under NTEE code T990.
How many years of IRS 990 filings does National Cartoonists Society Foundation Inc have?
National Cartoonists Society Foundation Inc 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 $228K in total revenue.
How does the organization cover its operating deficits?
The organization has experienced operating deficits in recent years (e.g., $244,793 expenses vs. $179,841 revenue in 2023), suggesting it is likely drawing from its substantial asset base, which has consistently been over $1 million.
What are the primary program activities of the National Cartoonists Society Foundation Inc.?
Based on its NTEE code T990 (Philanthropy, Voluntarism, and Grantmaking Foundations), the organization likely engages in grantmaking, scholarships, or other forms of support related to cartooning, rather than direct service delivery.
Is the organization's asset base sustainable given recent spending trends?
While the asset base of over $1.1 million is substantial, continued operating deficits, such as the $64,952 deficit in 2023, will gradually erode these assets if not addressed by increased revenue or reduced expenses.
Filing History
IRS 990 filing history for National Cartoonists Society Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Cartoonists Society Foundation Inc's revenue has grown by 495.9%, moving from $30K to $180K. Total assets decreased by 34.2% over the same period, from $1.7M to $1.1M. Total functional expenses rose by 224.3%, from $75K to $245K. In its most recent filing year (2023), National Cartoonists Society Foundation Inc reported a deficit of $65K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $245K | $1.1M | $0 | — | — |
| 2022 | $151K | $223K | $1.1M | $0 | — | View 990 |
| 2021 | $201K | $91K | $1.3M | $0 | — | View 990 |
| 2020 | $106K | $128K | $1.2M | $0 | — | View 990 |
| 2019 | $376K | $559K | $1.1M | $0 | — | View 990 |
| 2018 | $340K | $391K | $1.3M | $0 | — | View 990 |
| 2017 | $168K | $153K | $1.5M | $0 | — | View 990 |
| 2016 | $98K | $152K | $1.4M | $12K | — | View 990 |
| 2015 | $164K | $282K | $1.4M | $8K | — | View 990 |
| 2014 | $137K | $178K | $1.7M | $8K | — | View 990 |
| 2013 | $68K | $105K | $1.7M | $14K | — | View 990 |
| 2012 | $45K | $268K | $1.6M | $15K | — | View 990 |
| 2011 | $30K | $75K | $1.7M | $97K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $245K, and assets of $1.1M (revenue +19.4% year-over-year).
- 2022: Revenue of $151K, expenses of $223K, and assets of $1.1M (revenue -25.0% year-over-year).
- 2021: Revenue of $201K, expenses of $91K, and assets of $1.3M (revenue +88.8% year-over-year).
- 2020: Revenue of $106K, expenses of $128K, and assets of $1.2M (revenue -71.7% year-over-year).
- 2019: Revenue of $376K, expenses of $559K, and assets of $1.1M (revenue +10.7% year-over-year).
- 2018: Revenue of $340K, expenses of $391K, and assets of $1.3M (revenue +102.9% year-over-year).
- 2017: Revenue of $168K, expenses of $153K, and assets of $1.5M (revenue +70.9% year-over-year).
- 2016: Revenue of $98K, expenses of $152K, and assets of $1.4M (revenue -40.2% year-over-year).
- 2015: Revenue of $164K, expenses of $282K, and assets of $1.4M (revenue +19.5% year-over-year).
- 2014: Revenue of $137K, expenses of $178K, and assets of $1.7M (revenue +102.2% year-over-year).
- 2013: Revenue of $68K, expenses of $105K, and assets of $1.7M (revenue +51.6% year-over-year).
- 2012: Revenue of $45K, expenses of $268K, and assets of $1.6M (revenue +48.4% year-over-year).
- 2011: Revenue of $30K, expenses of $75K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Cartoonists Society Foundation Inc:
Data Sources and Methodology
This transparency report for National Cartoonists Society Foundation 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.