Ralph T Coe Center For The Arts Inc
Ralph T Coe Center For The Arts Inc consistently operates with deficits, relying on substantial assets to cover expenses.
EIN: 208705481 · Santa Fe, NM · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $879K |
| Total Expenses | $765K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.3M |
| Transparency Score | 85/100 |
Is Ralph T Coe Center For The Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ralph T Coe Center For The Arts Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ralph T Coe Center For The Arts Inc
Ralph T Coe Center For The Arts Inc (EIN: 208705481) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code T22. The organization reported total revenue of $879K and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ralph T Coe Center For The Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ralph T Coe Center For The Arts Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -25.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $495K |
| Total Expenses | $765K |
| Surplus / Deficit | $-270,232 |
| Total Assets | $10.9M |
| Total Liabilities | $619K |
| Net Assets | $10.3M |
| Operating Margin | -54.6% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 171.0 months |
Financial Health Grade: B
In 2023, Ralph T Coe Center For The Arts Inc reported a deficit of $270K with expenses exceeding revenue, holds 171.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ralph T Coe Center For The Arts Inc's revenue has declined at a compound annual growth rate (CAGR) of -25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | +12.6% | -3.2% |
| 2022 | -33.2% | +15.4% | -2.3% |
| 2021 | +19.2% | +28.3% | -0.9% |
| 2020 | +45.3% | -10.3% | +6.4% |
| 2019 | +31877100.0% | +5491.9% | +32713.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Ralph T Coe Center For The 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ralph T Coe Center For The Arts 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 deficit of $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator of financial stewardship and a focus on directing resources towards the mission, especially for an organization with over $10 million in assets.
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 Ralph T Coe Center For The Arts Inc's IRS 990 filings:
- Consistent operational deficits (e.g., 2023 expenses $764,917 vs. revenue $494,685)
- Reliance on asset drawdowns to cover annual expenses
Strengths
The following positive indicators were identified for Ralph T Coe Center For The Arts Inc:
- Strong asset base ($10,583,315) providing financial stability
- Excellent transparency with 0% officer compensation reported across all filings
- Long history of IRS 990 filings (10 filings)
- Stable liabilities relative to assets in recent years
Frequently Asked Questions about Ralph T Coe Center For The Arts Inc
Is Ralph T Coe Center For The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ralph T Coe Center For The Arts Inc (EIN: 208705481) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ralph T Coe Center For The Arts Inc spend its money?
Ralph T Coe Center For The Arts Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ralph T Coe Center For The Arts Inc tax-deductible?
Ralph T Coe Center For The Arts Inc is registered as a tax-exempt nonprofit (EIN: 208705481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ralph T Coe Center For The Arts Inc CEO make?
Ralph T Coe Center For The Arts Inc's highest-compensated officer earns $10 annually. The organization reported $879K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ralph T Coe Center For The Arts Inc's spending goes to programs?
Ralph T Coe Center For The Arts Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ralph T Coe Center For The Arts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ralph T Coe Center For The Arts Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ralph T Coe Center For The Arts Inc located?
Ralph T Coe Center For The Arts Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 208705481. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ralph T Coe Center For The Arts Inc have?
Ralph T Coe Center For The Arts Inc has 10 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 $879K in total revenue.
Is Ralph T Coe Center For The Arts Inc a good charity?
Based on the available data, the organization demonstrates strong financial transparency with 0% officer compensation and a substantial asset base. While it has consistently run operational deficits in recent years (e.g., 2023 expenses of $764,917 against revenue of $494,685), its significant assets provide stability. The lack of officer compensation is a major positive, suggesting resources are directed to programs.
How does the organization fund its operations given recurring deficits?
The organization appears to be funding its operational deficits by drawing from its substantial asset base. For example, in 2023, with expenses exceeding revenue by over $270,000, the organization likely utilized its reserves, which are supported by assets exceeding $10 million.
What caused the large revenue spike in 2011?
The 2011 revenue of $17,817,487 is an outlier compared to other years, which typically show revenues under $600,000. This significant spike likely represents a major one-time donation, a large grant, or a significant asset transfer, which substantially boosted the organization's financial position at that time.
Filing History
IRS 990 filing history for Ralph T Coe Center For The Arts Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ralph T Coe Center For The Arts Inc's revenue has declined by 97.2%, moving from $17.8M to $495K. Total assets decreased by 17.2% over the same period, from $13.2M to $10.9M. Total functional expenses fell by 84.7%, from $5.0M to $765K. In its most recent filing year (2023), Ralph T Coe Center For The Arts Inc reported a deficit of $270K, with expenses exceeding revenue. The organization holds $619K in liabilities against $10.9M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $495K | $765K | $10.9M | $619K | — | View 990 |
| 2022 | $369K | $679K | $11.3M | $645K | — | View 990 |
| 2021 | $552K | $589K | $11.5M | $674K | — | View 990 |
| 2020 | $463K | $459K | $11.6M | $745K | — | View 990 |
| 2019 | $319K | $511K | $10.9M | $53K | — | — |
| 2015 | $1 | $9K | $33K | $33K | — | View 990 |
| 2014 | $341K | $299K | $13.0M | $5K | — | View 990 |
| 2013 | $209K | $272K | $13.0M | $7K | — | View 990 |
| 2012 | $138K | $244K | $13.1M | $676 | — | View 990 |
| 2011 | $17.8M | $5.0M | $13.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $495K, expenses of $765K, and assets of $10.9M (revenue +34.2% year-over-year).
- 2022: Revenue of $369K, expenses of $679K, and assets of $11.3M (revenue -33.2% year-over-year).
- 2021: Revenue of $552K, expenses of $589K, and assets of $11.5M (revenue +19.2% year-over-year).
- 2020: Revenue of $463K, expenses of $459K, and assets of $11.6M (revenue +45.3% year-over-year).
- 2019: Revenue of $319K, expenses of $511K, and assets of $10.9M (revenue +31877100.0% year-over-year).
- 2015: Revenue of $1, expenses of $9K, and assets of $33K (revenue -100.0% year-over-year).
- 2014: Revenue of $341K, expenses of $299K, and assets of $13.0M (revenue +63.0% year-over-year).
- 2013: Revenue of $209K, expenses of $272K, and assets of $13.0M (revenue +51.7% year-over-year).
- 2012: Revenue of $138K, expenses of $244K, and assets of $13.1M (revenue -99.2% year-over-year).
- 2011: Revenue of $17.8M, expenses of $5.0M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ralph T Coe Center For The Arts Inc:
Data Sources and Methodology
This transparency report for Ralph T Coe Center For The 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.