School Of Acrobatics & New Circus Arts
School Of Acrobatics & New Circus Arts consistently reports 0% officer compensation amidst fluctuating revenues and expenses.
EIN: 200300045 · Seattle, WA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| Net Assets | $214K |
| Transparency Score | 90/100 |
Is School Of Acrobatics & New Circus Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Of Acrobatics & New Circus Arts directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Of Acrobatics & New Circus Arts
School Of Acrobatics & New Circus Arts (EIN: 200300045) is a nonprofit organization based in Seattle, WA, classified under NTEE code B99. The organization reported total revenue of $3.1M and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of Acrobatics & New Circus Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of Acrobatics & New Circus Arts is a mid-size 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 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-50,079 |
| Total Assets | $350K |
| Total Liabilities | $136K |
| Net Assets | $214K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 38.9% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, School Of Acrobatics & New Circus Arts reported a deficit of $50K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 38.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), School Of Acrobatics & New Circus Arts's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104.0% | +76.2% | -6.7% |
| 2022 | -4.9% | +16.3% | -39.2% |
| 2021 | -9.3% | +15.5% | -2.3% |
| 2020 | -13.4% | -32.3% | +172.3% |
| 2019 | -7.8% | -13.5% | +27.1% |
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 School Of Acrobatics & New Circus Arts with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, School Of Acrobatics & New Circus Arts allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds to programs.
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 School Of Acrobatics & New Circus Arts's IRS 990 filings:
- Low asset base relative to annual expenses, indicating limited financial reserves.
- Consistent reporting of 0% officer compensation, which, while positive for efficiency, is unusual for an organization of this scale and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for School Of Acrobatics & New Circus Arts:
- Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating strong regulatory compliance.
- Stable operational history with revenues generally covering expenses over many years, indicating sound financial management.
- Strong implied program spending efficiency due to the absence of officer compensation.
Frequently Asked Questions about School Of Acrobatics & New Circus Arts
Is School Of Acrobatics & New Circus Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, School Of Acrobatics & New Circus Arts (EIN: 200300045) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does School Of Acrobatics & New Circus Arts spend its money?
School Of Acrobatics & New Circus Arts directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School Of Acrobatics & New Circus Arts tax-deductible?
School Of Acrobatics & New Circus Arts is registered as a tax-exempt nonprofit (EIN: 200300045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does School Of Acrobatics & New Circus Arts compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), School Of Acrobatics & New Circus Arts 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 School Of Acrobatics & New Circus Arts located?
School Of Acrobatics & New Circus Arts is headquartered in Seattle, Washington and files with the IRS under EIN 200300045. It is classified under NTEE code B99.
How many years of IRS 990 filings does School Of Acrobatics & New Circus Arts have?
School Of Acrobatics & New Circus Arts 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 $3.1M in total revenue.
How does SANCA manage to operate without paying officer compensation?
The filings consistently show 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $2 million. This could indicate that executive leadership is entirely volunteer-based, compensated through a related entity not reported on the 990, or that the roles typically associated with officer compensation are fulfilled by staff whose salaries are categorized differently (e.g., program staff).
What is the breakdown of SANCA's program expenses?
While the provided data doesn't detail specific program expenses, the overall financial picture, especially the lack of officer compensation, suggests a significant portion of the $2,875,344 in 2023 expenses is likely dedicated to direct program delivery, such as instructors, facility costs, and equipment for acrobatics and circus arts training.
Are SANCA's assets sufficient for its operations?
SANCA's assets have fluctuated, from a high of $630,857 in 2020 to $349,582 in 2023, while liabilities have remained relatively stable. The current asset level of $218,469 (latest revenue period) is relatively low compared to its annual expenses (e.g., $2,875,344 in 2023), suggesting the organization operates with limited reserves and relies heavily on ongoing revenue to cover costs.
Filing History
IRS 990 filing history for School Of Acrobatics & New Circus Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School Of Acrobatics & New Circus Arts's revenue has grown by 201.2%, moving from $938K to $2.8M. Total assets increased by 79% over the same period, from $195K to $350K. Total functional expenses rose by 171.9%, from $1.1M to $2.9M. In its most recent filing year (2023), School Of Acrobatics & New Circus Arts reported a deficit of $50K, with expenses exceeding revenue. The organization holds $136K in liabilities against $350K in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $214K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.9M | $350K | $136K | — | View 990 |
| 2022 | $1.4M | $1.6M | $375K | $112K | — | View 990 |
| 2021 | $1.5M | $1.4M | $616K | $107K | — | View 990 |
| 2020 | $1.6M | $1.2M | $631K | $209K | — | View 990 |
| 2019 | $1.9M | $1.8M | $232K | $194K | — | View 990 |
| 2018 | $2.0M | $2.1M | $182K | $204K | — | View 990 |
| 2017 | $2.2M | $2.2M | $285K | $243K | — | View 990 |
| 2016 | $2.0M | $2.0M | $290K | $233K | — | View 990 |
| 2015 | $1.8M | $1.8M | $241K | $190K | — | View 990 |
| 2014 | $1.7M | $1.7M | $230K | $194K | — | View 990 |
| 2013 | $1.4M | $1.4M | $210K | $142K | — | View 990 |
| 2012 | $1.1M | $1.1M | $202K | $145K | — | View 990 |
| 2011 | $938K | $1.1M | $195K | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.9M, and assets of $350K (revenue +104.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $375K (revenue -4.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $616K (revenue -9.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.2M, and assets of $631K (revenue -13.4% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $232K (revenue -7.8% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.1M, and assets of $182K (revenue -6.7% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $285K (revenue +6.7% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $290K (revenue +9.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $241K (revenue +10.6% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $230K (revenue +17.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $210K (revenue +24.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $202K (revenue +20.7% year-over-year).
- 2011: Revenue of $938K, expenses of $1.1M, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Of Acrobatics & New Circus Arts:
Data Sources and Methodology
This transparency report for School Of Acrobatics & New Circus 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.