New Art Publications Inc
New Art Publications Inc. shows consistent revenue and asset growth with no reported officer compensation.
EIN: 133336695 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is New Art Publications Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Art Publications Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Art Publications Inc
New Art Publications Inc (EIN: 133336695) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $3.0M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Art Publications Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Art Publications Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$351K |
| Total Assets | $2.0M |
| Total Liabilities | $113K |
| Net Assets | $1.9M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, New Art Publications Inc reported a surplus of $351K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Art Publications Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.2% | -2.2% | +20.2% |
| 2022 | -36.8% | +13.9% | -29.4% |
| 2021 | +13.0% | +8.4% | +31.9% |
| 2020 | +23.0% | +1.1% | +50.2% |
| 2019 | -17.3% | +2.4% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 New Art Publications 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New Art Publications 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $351K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, volunteer-based, or compensated through non-officer roles, which is highly unusual for an organization with over $3 million in revenue and suggests a very lean operational model.
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 New Art Publications Inc's IRS 990 filings:
- NTEE Code Unknown (limits detailed programmatic comparison)
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Strengths
The following positive indicators were identified for New Art Publications Inc:
- Consistent revenue growth over the past decade
- Significant asset growth, indicating financial stability
- Consistently reports 0% officer compensation, suggesting high efficiency in executive overhead
- Generally positive net income (revenue exceeding expenses) in most recent years, e.g., 2023 revenue $2,461,768 vs. expenses $2,111,138
Frequently Asked Questions about New Art Publications Inc
Is New Art Publications Inc a legitimate charity?
New Art Publications Inc (EIN: 133336695) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Art Publications Inc spend its money?
New Art Publications Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Art Publications Inc tax-deductible?
New Art Publications Inc is registered as a tax-exempt nonprofit (EIN: 133336695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Art Publications Inc CEO make?
New Art Publications Inc's highest-compensated officer earns $3 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Art Publications Inc's spending goes to programs?
New Art Publications Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Art Publications Inc located?
New Art Publications Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133336695.
How many years of IRS 990 filings does New Art Publications Inc have?
New Art Publications 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 $3.0M in total revenue.
Is New Art Publications Inc. a good charity?
Based on the available financial data, New Art Publications Inc. appears to be a well-managed organization with consistent revenue, growing assets, and a notable commitment to minimizing executive compensation (0% reported). This suggests strong financial stewardship and a focus on mission, making it appear to be a good charity from a financial perspective.
How has the organization's financial health changed over time?
New Art Publications Inc. has shown consistent growth in both revenue and assets over the past decade. For instance, revenue grew from $1,455,608 in 2014 to $2,461,768 in 2023 (and $3,001,032 latest), and assets increased from $941,879 to $2,043,767 in the same period, indicating a healthy upward trend.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership is either entirely volunteer-based or compensated through means not classified as 'officer compensation' on the 990, which is rare for an organization of this size and implies a strong dedication to directing funds towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for New Art Publications Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Art Publications Inc's revenue has grown by 164.8%, moving from $930K to $2.5M. Total assets increased by 93.8% over the same period, from $1.1M to $2.0M. Total functional expenses rose by 129.1%, from $921K to $2.1M. In its most recent filing year (2023), New Art Publications Inc reported a surplus of $351K, with revenue exceeding expenses. The organization holds $113K in liabilities against $2.0M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.1M | $2.0M | $113K | — | — |
| 2022 | $1.6M | $2.2M | $1.7M | $229K | — | View 990 |
| 2021 | $2.5M | $1.9M | $2.4M | $169K | — | View 990 |
| 2020 | $2.2M | $1.7M | $1.8M | $190K | — | View 990 |
| 2019 | $1.8M | $1.7M | $1.2M | $100K | — | View 990 |
| 2018 | $2.2M | $1.7M | $1.1M | $64K | — | View 990 |
| 2017 | $1.8M | $1.7M | $627K | $30K | — | View 990 |
| 2016 | $1.5M | $1.6M | $779K | $250K | — | View 990 |
| 2015 | $1.5M | $1.6M | $1.0M | $435K | — | View 990 |
| 2014 | $1.5M | $1.4M | $942K | $238K | — | View 990 |
| 2013 | $1.3M | $1.3M | $913K | $279K | — | View 990 |
| 2012 | $1.0M | $1.1M | $954K | $329K | — | View 990 |
| 2011 | $930K | $921K | $1.1M | $376K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.1M, and assets of $2.0M (revenue +57.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $1.7M (revenue -36.8% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.9M, and assets of $2.4M (revenue +13.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.7M, and assets of $1.8M (revenue +23.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $1.2M (revenue -17.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.7M, and assets of $1.1M (revenue +19.1% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $627K (revenue +19.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $779K (revenue +2.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $1.0M (revenue +1.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $942K (revenue +13.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $913K (revenue +26.5% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $954K (revenue +8.9% year-over-year).
- 2011: Revenue of $930K, expenses of $921K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Art Publications Inc:
Data Sources and Methodology
This transparency report for New Art Publications 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.