New York Live Arts Inc
New York Live Arts Inc shows consistent asset growth and significantly reduced liabilities with no reported officer compensation.
EIN: 136206608 · New York, NY · NTEE: A620 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.3M |
| Total Expenses | $7.1M |
| Program Spending | 80% |
| Net Assets | $18.3M |
| Transparency Score | 85/100 |
Is New York Live Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Live Arts Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Live Arts Inc
New York Live Arts Inc (EIN: 136206608) is a nonprofit organization based in New York, NY, classified under NTEE code A620. The organization reported total revenue of $17.3M and total assets of $20.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Live Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Live Arts Inc is a large nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-90,975 |
| Total Assets | $18.8M |
| Total Liabilities | $498K |
| Net Assets | $18.3M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 31.6 months |
Financial Health Grade: B
In 2023, New York Live Arts Inc reported a deficit of $91K with expenses exceeding revenue, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Live Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.4% | +0.7% | +0.4% |
| 2022 | +31.6% | +37.9% | +14.7% |
| 2021 | +67.0% | -11.8% | +12.1% |
| 2020 | -51.8% | -6.0% | -24.4% |
| 2019 | +16.8% | +19.8% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1966 |
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 York Live Arts 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: 80%
- fundraising: 10%
According to IRS 990 filings, New York Live Arts Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
New York Live Arts Inc consistently reports 0% officer compensation across all available filings, indicating that either no officers receive compensation or their compensation is reported under other categories, which is a strong positive for donor perception regarding executive pay relative to the organization's size and mission.
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 York Live Arts Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
The following positive indicators were identified for New York Live Arts Inc:
- Consistent asset growth, reaching $18,845,656 in 2023.
- Significant reduction in liabilities from $5,659,317 in 2016 to $497,839 in 2023.
- 0% reported officer compensation across all filings, indicating efficient use of funds or alternative reporting.
- Long history of IRS 990 filings, demonstrating transparency and compliance.
- Effective management of expenses relative to revenue over the past decade.
Frequently Asked Questions about New York Live Arts Inc
Is New York Live Arts Inc a legitimate charity?
New York Live Arts Inc (EIN: 136206608) 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: $17.3M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does New York Live Arts Inc spend its money?
New York Live Arts Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New York Live Arts Inc tax-deductible?
New York Live Arts Inc is registered as a tax-exempt nonprofit (EIN: 136206608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Live Arts Inc's spending goes to programs?
New York Live Arts Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Live Arts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New York Live Arts Inc is above average for NTEE category A620 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Live Arts Inc located?
New York Live Arts Inc is headquartered in New York, New York and files with the IRS under EIN 136206608. It is classified under NTEE code A620.
How many years of IRS 990 filings does New York Live Arts Inc have?
New York Live Arts 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 $17.3M in total revenue.
Is New York Live Arts Inc financially stable?
Yes, New York Live Arts Inc appears financially stable. Its assets have consistently grown, reaching $18,845,656 in 2023, and it has significantly reduced its liabilities from over $5 million in 2016 to $497,839 in 2023. While revenue fluctuates, expenses are generally managed well within or close to revenue levels.
How does New York Live Arts Inc manage executive compensation?
New York Live Arts Inc reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to directing funds towards its mission rather than high executive salaries, or that executive compensation is reported under other expense categories.
Has the organization's financial health improved over time?
Yes, the organization's financial health has improved significantly. Assets have grown from $9,846,914 in 2015 to $18,845,656 in 2023, and liabilities have been drastically reduced from a peak of $5,659,317 in 2016 to $497,839 in 2023, indicating strong financial management and solvency.
Filing History
IRS 990 filing history for New York Live Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Live Arts Inc's revenue has grown by 56.9%, moving from $4.5M to $7.1M. Total assets increased by 57.9% over the same period, from $11.9M to $18.8M. Total functional expenses rose by 49.1%, from $4.8M to $7.1M. In its most recent filing year (2023), New York Live Arts Inc reported a deficit of $91K, with expenses exceeding revenue. The organization holds $498K in liabilities against $18.8M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $18.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $7.1M | $18.8M | $498K | — | View 990 |
| 2022 | $10.0M | $7.1M | $18.8M | $369K | — | View 990 |
| 2021 | $7.6M | $5.1M | $16.4M | $856K | — | View 990 |
| 2020 | $4.6M | $5.8M | $14.6M | $1.5M | — | View 990 |
| 2019 | $9.4M | $6.2M | $19.3M | $5.0M | — | View 990 |
| 2018 | $8.1M | $5.2M | $16.3M | $5.2M | — | View 990 |
| 2017 | $6.8M | $5.6M | $13.3M | $5.3M | — | View 990 |
| 2016 | $5.4M | $6.5M | $12.5M | $5.7M | — | View 990 |
| 2015 | $6.3M | $6.9M | $9.8M | $1.9M | — | View 990 |
| 2014 | $6.2M | $7.2M | $10.5M | $1.8M | — | View 990 |
| 2013 | $5.7M | $7.4M | $11.7M | $2.0M | — | View 990 |
| 2012 | $7.5M | $6.2M | $13.2M | $1.7M | — | View 990 |
| 2011 | $4.5M | $4.8M | $11.9M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $7.1M, and assets of $18.8M (revenue -29.4% year-over-year).
- 2022: Revenue of $10.0M, expenses of $7.1M, and assets of $18.8M (revenue +31.6% year-over-year).
- 2021: Revenue of $7.6M, expenses of $5.1M, and assets of $16.4M (revenue +67.0% year-over-year).
- 2020: Revenue of $4.6M, expenses of $5.8M, and assets of $14.6M (revenue -51.8% year-over-year).
- 2019: Revenue of $9.4M, expenses of $6.2M, and assets of $19.3M (revenue +16.8% year-over-year).
- 2018: Revenue of $8.1M, expenses of $5.2M, and assets of $16.3M (revenue +18.4% year-over-year).
- 2017: Revenue of $6.8M, expenses of $5.6M, and assets of $13.3M (revenue +27.2% year-over-year).
- 2016: Revenue of $5.4M, expenses of $6.5M, and assets of $12.5M (revenue -14.9% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.9M, and assets of $9.8M (revenue +1.9% year-over-year).
- 2014: Revenue of $6.2M, expenses of $7.2M, and assets of $10.5M (revenue +9.1% year-over-year).
- 2013: Revenue of $5.7M, expenses of $7.4M, and assets of $11.7M (revenue -24.9% year-over-year).
- 2012: Revenue of $7.5M, expenses of $6.2M, and assets of $13.2M (revenue +67.7% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.8M, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Live Arts Inc:
Data Sources and Methodology
This transparency report for New York Live Arts 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.