Rise Arts Center Of Baltimore Inc
EIN: 842611587 · Baltimore, MD · NTEE: A61
| Metric | Value |
|---|---|
| Total Revenue | $333K |
| Total Expenses | $162K |
| Net Assets | $-17,733 |
Is Rise Arts Center Of Baltimore Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rise Arts Center Of Baltimore Inc
Rise Arts Center Of Baltimore Inc (EIN: 842611587) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A61. The organization reported total revenue of $333K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise Arts Center Of Baltimore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rise Arts Center Of Baltimore Inc is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 63.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $162K |
| Surplus / Deficit | $-13,889 |
| Total Assets | $14K |
| Total Liabilities | $32K |
| Net Assets | $-17,733 |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 228.4% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Rise Arts Center Of Baltimore Inc reported a deficit of $14K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 228.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Rise Arts Center Of Baltimore Inc's revenue has grown at a compound annual growth rate (CAGR) of 63.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.1% | +93.0% | +6446.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rise Arts Center Of Baltimore Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rise Arts Center Of Baltimore Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 228.4%.
Frequently Asked Questions about Rise Arts Center Of Baltimore Inc
Is Rise Arts Center Of Baltimore Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rise Arts Center Of Baltimore Inc (EIN: 842611587) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rise Arts Center Of Baltimore Inc spend its money?
Detailed spending breakdown data is not yet available for Rise Arts Center Of Baltimore Inc. Check back for updated IRS 990 analysis.
Are donations to Rise Arts Center Of Baltimore Inc tax-deductible?
Rise Arts Center Of Baltimore Inc is registered as a tax-exempt nonprofit (EIN: 842611587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rise Arts Center Of Baltimore Inc located?
Rise Arts Center Of Baltimore Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 842611587. It is classified under NTEE code A61.
How many years of IRS 990 filings does Rise Arts Center Of Baltimore Inc have?
Rise Arts Center Of Baltimore Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $333K in total revenue.
Filing History
IRS 990 filing history for Rise Arts Center Of Baltimore Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Rise Arts Center Of Baltimore Inc's revenue has grown by 63.1%, moving from $91K to $148K. Total assets increased by 6446.9% over the same period, from $211 to $14K. Total functional expenses rose by 93%, from $84K to $162K. In its most recent filing year (2023), Rise Arts Center Of Baltimore Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $32K in liabilities against $14K in assets (debt-to-asset ratio: 228.4%), resulting in net assets of $-17,733.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $162K | $14K | $32K | — | View 990 |
| 2022 | $91K | $84K | $211 | $4K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rise Arts Center Of Baltimore Inc:
Data Sources and Methodology
This transparency report for Rise Arts Center Of Baltimore 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.