Reach Studio Art Center
Reach Studio Art Center maintains stable assets with fluctuating annual revenues and no reported officer compensation.
EIN: 200864458 · Lansing, MI · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $506K |
| Total Expenses | $369K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Reach Studio Art Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reach Studio Art Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reach Studio Art Center
Reach Studio Art Center (EIN: 200864458) is a nonprofit organization based in Lansing, MI, classified under NTEE code B99. The organization reported total revenue of $506K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach Studio Art Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reach Studio Art Center is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $369K |
| Surplus / Deficit | $-27,482 |
| Total Assets | $1.4M |
| Total Liabilities | $125 |
| Net Assets | $1.4M |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 45.3 months |
Financial Health Grade: B
In 2023, Reach Studio Art Center reported a deficit of $27K with expenses exceeding revenue, holds 45.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reach Studio Art Center's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +12.1% | -4.4% |
| 2022 | -9.2% | +37.2% | -0.5% |
| 2021 | -22.5% | -9.3% | +9.4% |
| 2020 | +17.6% | +1.2% | +8.6% |
| 2019 | +12.4% | +6.3% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Reach Studio Art Center 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, Reach Studio Art Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Reach Studio Art Center reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $1 million in assets and over $300,000 in annual expenses.
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 Reach Studio Art Center's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could indicate compensation is reported under other categories, or a reliance on unpaid leadership which may not be sustainable long-term.
Strengths
The following positive indicators were identified for Reach Studio Art Center:
- Consistent asset growth over the past decade, from $578,325 in 2014 to $1,392,525 in 2023, indicating strong financial management and accumulation of resources.
- No reported officer compensation, suggesting a high dedication of resources directly to programs or a strong volunteer base.
- Regular and consistent IRS 990 filings, demonstrating good transparency and compliance.
- Relatively low liabilities compared to assets, indicating a healthy balance sheet (e.g., $125,000 liabilities vs. $1,392,525 assets in 2023).
Frequently Asked Questions about Reach Studio Art Center
Is Reach Studio Art Center a legitimate charity?
Reach Studio Art Center (EIN: 200864458) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $506K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Reach Studio Art Center spend its money?
Reach Studio Art Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Reach Studio Art Center tax-deductible?
Reach Studio Art Center is registered as a tax-exempt nonprofit (EIN: 200864458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Reach Studio Art Center CEO make?
Reach Studio Art Center's highest-compensated officer earns $1 annually. The organization reported $506K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Reach Studio Art Center's spending goes to programs?
Reach Studio Art Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reach Studio Art Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Reach Studio Art Center is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reach Studio Art Center located?
Reach Studio Art Center is headquartered in Lansing, Michigan and files with the IRS under EIN 200864458. It is classified under NTEE code B99.
How many years of IRS 990 filings does Reach Studio Art Center have?
Reach Studio Art Center 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 $506K in total revenue.
Is Reach Studio Art Center financially stable?
Yes, the organization appears financially stable, with assets consistently growing from $578,325 in 2014 to $1,392,525 in 2023, despite some years where expenses slightly exceeded revenue, such as in 2023.
How does Reach Studio Art Center manage executive compensation?
The IRS 990 filings consistently report 0% officer compensation, suggesting a volunteer-led executive team or compensation structured in a way that is not reported as officer compensation on the 990.
What is the trend in Reach Studio Art Center's revenue?
Revenue has fluctuated over the past decade, ranging from a low of $302,618 in 2016 to a high of $446,939 in 2020, with the latest reported revenue at $341,221 in 2023.
Filing History
IRS 990 filing history for Reach Studio Art Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reach Studio Art Center's revenue has grown by 215.8%, moving from $108K to $341K. Total assets increased by 1067.5% over the same period, from $119K to $1.4M. Total functional expenses rose by 457.4%, from $66K to $369K. In its most recent filing year (2023), Reach Studio Art Center reported a deficit of $27K, with expenses exceeding revenue. The organization holds $125 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $341K | $369K | $1.4M | $125 | — | — |
| 2022 | $315K | $329K | $1.5M | $37K | — | — |
| 2021 | $347K | $240K | $1.5M | $35K | — | View 990 |
| 2020 | $447K | $264K | $1.3M | $15K | — | — |
| 2019 | $380K | $261K | $1.2M | $92K | — | View 990 |
| 2018 | $338K | $246K | $1.1M | $61K | — | View 990 |
| 2017 | $393K | $227K | $960K | $31K | — | View 990 |
| 2016 | $303K | $222K | $832K | $69K | — | View 990 |
| 2015 | $346K | $172K | $747K | $65K | — | View 990 |
| 2014 | $400K | $190K | $578K | $70K | — | View 990 |
| 2013 | $220K | $122K | $314K | $15K | — | View 990 |
| 2012 | $180K | $83K | $219K | $17K | — | View 990 |
| 2011 | $108K | $66K | $119K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $341K, expenses of $369K, and assets of $1.4M (revenue +8.5% year-over-year).
- 2022: Revenue of $315K, expenses of $329K, and assets of $1.5M (revenue -9.2% year-over-year).
- 2021: Revenue of $347K, expenses of $240K, and assets of $1.5M (revenue -22.5% year-over-year).
- 2020: Revenue of $447K, expenses of $264K, and assets of $1.3M (revenue +17.6% year-over-year).
- 2019: Revenue of $380K, expenses of $261K, and assets of $1.2M (revenue +12.4% year-over-year).
- 2018: Revenue of $338K, expenses of $246K, and assets of $1.1M (revenue -14.0% year-over-year).
- 2017: Revenue of $393K, expenses of $227K, and assets of $960K (revenue +29.9% year-over-year).
- 2016: Revenue of $303K, expenses of $222K, and assets of $832K (revenue -12.4% year-over-year).
- 2015: Revenue of $346K, expenses of $172K, and assets of $747K (revenue -13.6% year-over-year).
- 2014: Revenue of $400K, expenses of $190K, and assets of $578K (revenue +81.8% year-over-year).
- 2013: Revenue of $220K, expenses of $122K, and assets of $314K (revenue +22.5% year-over-year).
- 2012: Revenue of $180K, expenses of $83K, and assets of $219K (revenue +66.3% year-over-year).
- 2011: Revenue of $108K, expenses of $66K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reach Studio Art Center:
Data Sources and Methodology
This transparency report for Reach Studio Art Center 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.