Perkins Center For The Arts
Perkins Center For The Arts: Strong Program Focus, Moderate Transparency
EIN: 222132838 · Moorestown, NJ · NTEE: A020 · Updated: 2026-04-04
About Perkins Center For The Arts
Perkins Center For The Arts (EIN: 222132838) is a nonprofit organization based in Moorestown, NJ, classified under NTEE code A020. The organization reported total revenue of $1.8M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perkins Center For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Perkins Center 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: 80%
- fundraising: 10%
According to IRS 990 filings, Perkins Center For The Arts 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.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary figures, which are not provided in the summary data.
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.
Strengths
The following positive indicators were identified for Perkins Center For The Arts:
- Consistent revenue growth from $987,688 in 2020 to $1,790,780 in 2023, indicating strong financial health.
- Assets have shown significant growth, from $787,916 in 2020 to $1,593,230 in 2023, enhancing long-term stability.
- Low liabilities relative to assets, with liabilities at $318,792 in 2023 against $1,593,230 in assets, suggesting good financial management.
Frequently Asked Questions about Perkins Center For The Arts
What does Perkins Center For The Arts do?
Perkins Center For The Arts is a nonprofit organization in the Arts, Culture & Humanities sector, located in Moorestown, New Jersey. It is classified under NTEE code A020.
How much revenue does Perkins Center For The Arts have?
Perkins Center For The Arts reported total revenue of $1,751,409. Based on 12 IRS 990 filings on record.
What are Perkins Center For The Arts's total assets?
Perkins Center For The Arts holds total assets of $2,573,678 as reported in IRS 990 filings.
Where is Perkins Center For The Arts located?
Perkins Center For The Arts is based in Moorestown, New Jersey.
What is Perkins Center For The Arts's EIN?
Perkins Center For The Arts's Employer Identification Number (EIN) is 222132838. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Perkins Center For The Arts?
Perkins Center For The Arts is classified under NTEE code A020 (Arts, Culture & Humanities).
Is Perkins Center For The Arts a registered 501(c)(3)?
Yes, Perkins Center For The Arts is recognized as a tax-exempt organization by the IRS. EIN: 222132838.
Does Perkins Center For The Arts file IRS Form 990?
Yes, Perkins Center For The Arts has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Perkins Center For The Arts's revenue in 2023?
In the 202306 filing period, Perkins Center For The Arts reported total revenue of $1,790,780, total expenses of $1,539,239, and net assets of $1,593,230.
Is Perkins Center For The Arts's revenue growing or declining?
Perkins Center For The Arts's revenue is growing. Revenue went from $1,432,700 (202206) to $1,790,780 (202306), a +25.0% change. Based on 12 filings on record.
What is Perkins Center For The Arts's most recent 990 filing?
The most recent IRS Form 990 filing for Perkins Center For The Arts covers tax period 202306. It shows revenue of $1,790,780, expenses of $1,539,239, total assets of $1,593,230, and liabilities of $318,792.
How much does Perkins Center For The Arts spend on programs vs administration?
Based on IRS 990 analysis, Perkins Center For The Arts allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Perkins Center For The Arts a trustworthy charity?
Based on AI analysis of IRS 990 data, Perkins Center For The Arts appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Perkins Center For The Arts's strengths?
Positive indicators for Perkins Center For The Arts include: Consistent revenue growth from $987,688 in 2020 to $1,790,780 in 2023, indicating strong financial health.. Assets have shown significant growth, from $787,916 in 2020 to $1,593,230 in 2023, enhancing long-term stability.. Low liabilities relative to assets, with liabilities at $318,792 in 2023 against $1,593,230 in assets, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Perkins Center For The Arts compensate executives?
Executive compensation cannot be assessed without specific salary figures, which are not provided in the summary data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the center plan to sustain its impressive revenue and asset growth, and what specific strategies are in place to ensure continued financial stability?
While the data shows strong growth, the specific strategies for sustaining this trajectory (e.g., new funding streams, program expansion, endowment growth) are not detailed in the provided summary. Further investigation into their strategic plans would be necessary.
Given the consistent growth in revenue and assets, what is the organization's strategy for increasing its cash reserves or unrestricted net assets to build a stronger financial cushion?
The provided data indicates growth in overall assets, but it doesn't differentiate between restricted and unrestricted assets or specific cash reserves. Understanding their liquidity management and reserve policies would require reviewing their full financial statements.
Filing History
IRS 990 filing history for Perkins Center For The Arts showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Perkins Center For The Arts's revenue has grown by 53.7%, moving from $1.2M to $1.8M. Total assets increased by 144.6% over the same period, from $651K to $1.6M. Total functional expenses rose by 34.5%, from $1.1M to $1.5M. In its most recent filing year (2023), Perkins Center For The Arts reported a surplus of $252K, with revenue exceeding expenses. The organization holds $319K in liabilities against $1.6M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.5M | $1.6M | $319K | — | View 990 |
| 2022 | $1.4M | $1.2M | $1.3M | $236K | — | View 990 |
| 2021 | $1.2M | $1.1M | $1.0M | $193K | — | View 990 |
| 2020 | $988K | $975K | $788K | $350K | — | View 990 |
| 2019 | $1.1M | $1.1M | $576K | $257K | — | View 990 |
| 2018 | $1.1M | $1.1M | $559K | $263K | — | View 990 |
| 2017 | $1.1M | $1.1M | $640K | $317K | — | View 990 |
| 2016 | $1.1M | $1.1M | $609K | $273K | — | View 990 |
| 2015 | $1.1M | $1.1M | $640K | $266K | — | View 990 |
| 2014 | $1.1M | $1.1M | $664K | $264K | — | View 990 |
| 2013 | $1.1M | $1.1M | $549K | $117K | — | View 990 |
| 2012 | $1.2M | $1.1M | $651K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.6M (revenue +25.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $1.3M (revenue +18.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.0M (revenue +22.0% year-over-year).
- 2020: Revenue of $988K, expenses of $975K, and assets of $788K (revenue -12.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $576K (revenue +3.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $559K (revenue +0.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $640K (revenue -1.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $609K (revenue -1.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $640K (revenue +0.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $664K (revenue +5.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $549K (revenue -9.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $651K.
Data Sources and Methodology
This transparency report for Perkins Center 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.