New Hampshire Business Committee For The Arts
New Hampshire Business Committee For The Arts maintains stable assets and no officer compensation, despite fluctuating revenues and occasional operating deficits.
EIN: 20397596 · Manchester, NH · NTEE: A260 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $121K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $134,792 |
| Net Assets | $143K |
| Transparency Score | 85/100 |
Is New Hampshire Business Committee For The Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Business Committee For The Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Business Committee For The Arts
New Hampshire Business Committee For The Arts (EIN: 20397596) is a nonprofit organization based in Manchester, NH, classified under NTEE code A260. The organization reported total revenue of $135K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Business Committee For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Business Committee For The Arts is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $121K |
| Surplus / Deficit | $-18,958 |
| Total Assets | $143K |
| Net Assets | $143K |
| Operating Margin | -18.6% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2024, New Hampshire Business Committee For The Arts reported a deficit of $19K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), New Hampshire Business Committee For The Arts's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.4% | +11.5% | +34.5% |
| 2023 | -11.0% | -11.3% | -12.7% |
| 2022 | -14.9% | +20.8% | +17.5% |
| 2021 | +107.8% | +18.0% | +159.1% |
| 2020 | -5.4% | -8.6% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Hampshire Business Committee For The Arts 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, New Hampshire Business Committee For The Arts 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or their compensation falls below IRS reporting thresholds, which is highly favorable for a nonprofit of this size (latest revenue $134,792).
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 Hampshire Business Committee For The Arts's IRS 990 filings:
- Occasional operating deficits (e.g., 2024: expenses $121,019 vs. revenue $102,061; 2022: expenses $122,397 vs. revenue $140,620, though 2022 was a surplus year, the 2024 deficit is a concern if it becomes a trend).
Strengths
The following positive indicators were identified for New Hampshire Business Committee For The Arts:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency.
- Strong growth in assets, from $40,138 in 2020 to $143,433 in 2024.
- No reported liabilities in recent years (2022-2024), indicating a healthy balance sheet.
- Excellent transparency with 13 consistent IRS 990 filings.
- Generally stable revenue base, despite some fluctuations.
Frequently Asked Questions about New Hampshire Business Committee For The Arts
Is New Hampshire Business Committee For The Arts a legitimate charity?
New Hampshire Business Committee For The Arts (EIN: 20397596) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $135K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does New Hampshire Business Committee For The Arts spend its money?
New Hampshire Business Committee For The Arts directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Business Committee For The Arts tax-deductible?
New Hampshire Business Committee For The Arts is registered as a tax-exempt nonprofit (EIN: 20397596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Business Committee For The Arts CEO make?
New Hampshire Business Committee For The Arts's highest-compensated officer earns $134,792 annually. The organization reported $135K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Business Committee For The Arts's spending goes to programs?
New Hampshire Business Committee For The Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Business Committee For The Arts compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Hampshire Business Committee For The Arts is above average for NTEE category A260 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Business Committee For The Arts located?
New Hampshire Business Committee For The Arts is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20397596. It is classified under NTEE code A260.
How many years of IRS 990 filings does New Hampshire Business Committee For The Arts have?
New Hampshire Business Committee For The Arts 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 $135K in total revenue.
Is New Hampshire Business Committee For The Arts financially stable?
Yes, the organization appears financially stable. While revenue has fluctuated, assets have grown significantly from $40,138 in 2020 to $143,433 in 2024, and liabilities have been consistently reported as $0 in recent years, indicating a strong balance sheet.
How efficient is New Hampshire Business Committee For The Arts with its spending?
The organization demonstrates high spending efficiency, particularly due to the consistent reporting of 0% officer compensation across all filings. This suggests a significant portion of funds can be directed towards programs and operational costs rather than executive salaries.
Has the organization experienced significant revenue changes?
Yes, revenue has fluctuated, with a low of $79,474 in 2020 and a high of $165,167 in 2021. More recently, revenue was $125,116 in 2023 and $102,061 in 2024, showing some variability year-to-year.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, increasing from $40,138 in 2020 to $143,433 in 2024, indicating a healthy accumulation of resources.
Filing History
IRS 990 filing history for New Hampshire Business Committee For The Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), New Hampshire Business Committee For The Arts's revenue has grown by 17.8%, moving from $87K to $102K. Total assets increased by 505.8% over the same period, from $24K to $143K. Total functional expenses rose by 42%, from $85K to $121K. In its most recent filing year (2024), New Hampshire Business Committee For The Arts reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $102K | $121K | $143K | $0 | — | View 990 |
| 2023 | $125K | $109K | $107K | $0 | — | View 990 |
| 2022 | $141K | $122K | $122K | $0 | — | View 990 |
| 2021 | $165K | $101K | $104K | $14K | — | — |
| 2020 | $79K | $86K | $40K | $14K | — | View 990 |
| 2019 | $84K | $94K | $33K | $0 | — | View 990 |
| 2018 | $93K | $94K | $43K | $0 | — | View 990 |
| 2017 | $102K | $0 | $44K | $0 | — | View 990 |
| 2016 | $93K | $90K | $32K | $0 | — | View 990 |
| 2015 | $87K | $86K | $29K | $0 | — | View 990 |
| 2014 | $90K | $88K | $29K | $0 | — | View 990 |
| 2013 | $90K | $87K | $26K | $0 | — | View 990 |
| 2012 | $87K | $85K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $102K, expenses of $121K, and assets of $143K (revenue -18.4% year-over-year).
- 2023: Revenue of $125K, expenses of $109K, and assets of $107K (revenue -11.0% year-over-year).
- 2022: Revenue of $141K, expenses of $122K, and assets of $122K (revenue -14.9% year-over-year).
- 2021: Revenue of $165K, expenses of $101K, and assets of $104K (revenue +107.8% year-over-year).
- 2020: Revenue of $79K, expenses of $86K, and assets of $40K (revenue -5.4% year-over-year).
- 2019: Revenue of $84K, expenses of $94K, and assets of $33K (revenue -9.3% year-over-year).
- 2018: Revenue of $93K, expenses of $94K, and assets of $43K (revenue -9.4% year-over-year).
- 2017: Revenue of $102K, expenses of $0, and assets of $44K (revenue +10.0% year-over-year).
- 2016: Revenue of $93K, expenses of $90K, and assets of $32K (revenue +6.7% year-over-year).
- 2015: Revenue of $87K, expenses of $86K, and assets of $29K (revenue -2.8% year-over-year).
- 2014: Revenue of $90K, expenses of $88K, and assets of $29K (revenue -0.6% year-over-year).
- 2013: Revenue of $90K, expenses of $87K, and assets of $26K (revenue +4.2% year-over-year).
- 2012: Revenue of $87K, expenses of $85K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Business Committee For The Arts:
Data Sources and Methodology
This transparency report for New Hampshire Business Committee For The Arts 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.