Oregon Center For Contemporary Art Inc
Oregon Center For Contemporary Art Inc frequently operates at a deficit, with expenses exceeding revenue in multiple recent fiscal periods.
EIN: 201782610 · Portland, OR · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $531K |
| Program Spending | 75% |
| Net Assets | $20K |
| Transparency Score | 70/100 |
Is Oregon Center For Contemporary Art Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oregon Center For Contemporary Art Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oregon Center For Contemporary Art Inc
Oregon Center For Contemporary Art Inc (EIN: 201782610) is a nonprofit organization based in Portland, OR, classified under NTEE code A20. The organization reported total revenue of $538K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Center For Contemporary Art Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oregon Center For Contemporary Art Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $531K |
| Surplus / Deficit | $-25,597 |
| Total Assets | $183K |
| Total Liabilities | $163K |
| Net Assets | $20K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 89.0% |
| Months of Reserves | 4.1 months |
Financial Health Grade: C
In 2023, Oregon Center For Contemporary Art Inc reported a deficit of $26K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 89.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Oregon Center For Contemporary Art Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -6.5% | -15.8% |
| 2022 | +9.2% | +55.6% | +25.1% |
| 2021 | +3.7% | +1.8% | +76.8% |
| 2020 | +12.8% | -33.8% | +210.3% |
| 2019 | +334.3% | +221.5% | -86.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Oregon Center For Contemporary Art Inc with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Oregon Center For Contemporary Art Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a significant positive for a nonprofit of its size, suggesting a high degree of volunteer leadership or very lean operational overhead in this area.
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 Oregon Center For Contemporary Art Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 202306 expenses $531,312 vs. revenue $505,715)
- Liabilities sometimes represent a significant portion of assets (e.g., 202306 liabilities $163,010 vs. assets $183,087)
Strengths
The following positive indicators were identified for Oregon Center For Contemporary Art Inc:
- Consistent 0% officer compensation reported across all filings, indicating low leadership overhead.
- Consistent filing of IRS 990s, demonstrating transparency.
- Growth in assets over recent years, from $31,686 in 201906 to $183,087 in 202306.
Frequently Asked Questions about Oregon Center For Contemporary Art Inc
Is Oregon Center For Contemporary Art Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oregon Center For Contemporary Art Inc (EIN: 201782610) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Oregon Center For Contemporary Art Inc spend its money?
Oregon Center For Contemporary Art Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oregon Center For Contemporary Art Inc tax-deductible?
Oregon Center For Contemporary Art Inc is registered as a tax-exempt nonprofit (EIN: 201782610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oregon Center For Contemporary Art Inc's spending goes to programs?
Oregon Center For Contemporary Art Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oregon Center For Contemporary Art Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Oregon Center For Contemporary Art Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oregon Center For Contemporary Art Inc located?
Oregon Center For Contemporary Art Inc is headquartered in Portland, Oregon and files with the IRS under EIN 201782610. It is classified under NTEE code A20.
How many years of IRS 990 filings does Oregon Center For Contemporary Art Inc have?
Oregon Center For Contemporary Art Inc has 14 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 $538K in total revenue.
Is Oregon Center For Contemporary Art Inc financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as $531,312 in expenses against $505,715 in revenue in 202306. While assets have grown, this trend could pose long-term sustainability challenges if not addressed through increased revenue or expense management.
How does the 0% officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means not reported as officer compensation. This significantly reduces administrative overhead and can be seen as a positive for donor funds directly supporting the mission.
What is the trend in the organization's net assets?
Net assets have shown growth over time, from $31,686 in 201906 to $183,087 in 202306, indicating an increase in the organization's financial reserves despite periods of operational deficits.
Filing History
IRS 990 filing history for Oregon Center For Contemporary Art Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Oregon Center For Contemporary Art Inc's revenue has grown by 49.3%, moving from $339K to $506K. Total assets decreased by 4.6% over the same period, from $192K to $183K. Total functional expenses rose by 77.8%, from $299K to $531K. In its most recent filing year (2023), Oregon Center For Contemporary Art Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $163K in liabilities against $183K in assets (debt-to-asset ratio: 89.0%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $506K | $531K | $183K | $163K | — | — |
| 2022 | $491K | $568K | $217K | $172K | — | View 990 |
| 2021 | $450K | $365K | $174K | $52K | — | — |
| 2020 | $434K | $359K | $98K | $19K | — | View 990 |
| 2019 | $385K | $542K | $32K | $28K | — | View 990 |
| 2018 | $89K | $169K | $228K | $31K | — | — |
| 2018 | $271K | $350K | $171K | $44K | — | View 990 |
| 2017 | $89K | $169K | $228K | $31K | — | View 990 |
| 2016 | $457K | $576K | $311K | $35K | — | View 990 |
| 2015 | $474K | $347K | $424K | $29K | — | View 990 |
| 2014 | $325K | $316K | $301K | $33K | — | View 990 |
| 2013 | $354K | $334K | $292K | $36K | — | View 990 |
| 2012 | $328K | $319K | $205K | $3K | — | View 990 |
| 2011 | $339K | $299K | $192K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $506K, expenses of $531K, and assets of $183K (revenue +2.9% year-over-year).
- 2022: Revenue of $491K, expenses of $568K, and assets of $217K (revenue +9.2% year-over-year).
- 2021: Revenue of $450K, expenses of $365K, and assets of $174K (revenue +3.7% year-over-year).
- 2020: Revenue of $434K, expenses of $359K, and assets of $98K (revenue +12.8% year-over-year).
- 2019: Revenue of $385K, expenses of $542K, and assets of $32K (revenue +334.3% year-over-year).
- 2018: Revenue of $89K, expenses of $169K, and assets of $228K (revenue -67.3% year-over-year).
- 2018: Revenue of $271K, expenses of $350K, and assets of $171K (revenue +206.1% year-over-year).
- 2017: Revenue of $89K, expenses of $169K, and assets of $228K (revenue -80.6% year-over-year).
- 2016: Revenue of $457K, expenses of $576K, and assets of $311K (revenue -3.5% year-over-year).
- 2015: Revenue of $474K, expenses of $347K, and assets of $424K (revenue +45.8% year-over-year).
- 2014: Revenue of $325K, expenses of $316K, and assets of $301K (revenue -8.1% year-over-year).
- 2013: Revenue of $354K, expenses of $334K, and assets of $292K (revenue +8.1% year-over-year).
- 2012: Revenue of $328K, expenses of $319K, and assets of $205K (revenue -3.3% year-over-year).
- 2011: Revenue of $339K, expenses of $299K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oregon Center For Contemporary Art Inc:
Data Sources and Methodology
This transparency report for Oregon Center For Contemporary Art 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.