Scituate Art Festival Inc
Scituate Art Festival Inc: Consistent Revenue, Minimal Assets, and No Executive Compensation
EIN: 222825275 · N Scituate, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $62K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 70/100 |
Is Scituate Art Festival Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scituate Art Festival Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scituate Art Festival Inc
Scituate Art Festival Inc (EIN: 222825275) is a nonprofit organization based in N Scituate, RI. The organization reported total revenue of $76K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scituate Art Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scituate Art Festival Inc is a micro nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $62K |
| Surplus / Deficit | +$13K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 17.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2024, Scituate Art Festival Inc reported a surplus of $13K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2024), Scituate Art Festival Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.4% | +1.5% | — |
| 2023 | -20.8% | -17.9% | — |
| 2022 | +190.7% | +21.2% | — |
| 2021 | -50.9% | +12.2% | -100.0% |
| 2020 | -2.5% | -14.3% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Scituate Art Festival Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Scituate Art Festival Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating a fully volunteer-run leadership structure.
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 Scituate Art Festival Inc's IRS 990 filings:
- Lack of reported assets or liabilities in recent years could indicate a very short-term financial cycle or minimal long-term investment.
- The organization's 'nt' (nonprofit type) is not specified in the provided data, which could hinder a full understanding of its mission and operational scope.
Strengths
The following positive indicators were identified for Scituate Art Festival Inc:
- Consistent revenue generation over several years demonstrates a stable operational base.
- Zero executive compensation indicates a high dedication to mission and efficient use of funds.
- Expenses are consistently lower than revenue in recent years, suggesting financial prudence.
Frequently Asked Questions about Scituate Art Festival Inc
Is Scituate Art Festival Inc a legitimate charity?
Scituate Art Festival Inc (EIN: 222825275) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $76K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Scituate Art Festival Inc spend its money?
Scituate Art Festival Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Scituate Art Festival Inc tax-deductible?
Scituate Art Festival Inc is registered as a tax-exempt nonprofit (EIN: 222825275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Scituate Art Festival Inc CEO make?
Scituate Art Festival Inc's highest-compensated officer earns $0 annually. The organization reported $76K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Scituate Art Festival Inc's spending goes to programs?
Scituate Art Festival Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Scituate Art Festival Inc located?
Scituate Art Festival Inc is headquartered in N Scituate, Rhode Island and files with the IRS under EIN 222825275.
How many years of IRS 990 filings does Scituate Art Festival Inc have?
Scituate Art Festival Inc has 12 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 $76K in total revenue.
What does Scituate Art Festival Inc do?
Scituate Art Festival Inc is a nonprofit organization in the Unknown sector, located in N Scituate, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Scituate Art Festival Inc have?
Scituate Art Festival Inc reported total revenue of $75,669. Based on 12 IRS 990 filings on record.
What are Scituate Art Festival Inc's total assets?
Scituate Art Festival Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Scituate Art Festival Inc located?
Scituate Art Festival Inc is based in N Scituate, Rhode Island.
What is Scituate Art Festival Inc's EIN?
Scituate Art Festival Inc's Employer Identification Number (EIN) is 222825275. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Scituate Art Festival Inc?
Scituate Art Festival Inc is classified under NTEE code Unknown (Unknown).
Is Scituate Art Festival Inc a registered 501(c)(3)?
Scituate Art Festival Inc appears in IRS records (EIN: 222825275). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Scituate Art Festival Inc file IRS Form 990?
Yes, Scituate Art Festival Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Scituate Art Festival Inc's revenue in 2024?
In the 202403 filing period, Scituate Art Festival Inc reported total revenue of $75,669, total expenses of $62,499, and net assets of N/A.
Is Scituate Art Festival Inc's revenue growing or declining?
Scituate Art Festival Inc's revenue is relatively stable. Revenue went from $79,184 (202303) to $75,669 (202403), a -4.4% change. Based on 12 filings on record.
What is Scituate Art Festival Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Scituate Art Festival Inc covers tax period 202403. It shows revenue of $75,669, expenses of $62,499, total assets of N/A, and liabilities of N/A.
How much does Scituate Art Festival Inc spend on programs vs administration?
Based on IRS 990 analysis, Scituate Art Festival Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Scituate Art Festival Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Scituate Art Festival Inc appears trustworthy. Mission Score: 70/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Scituate Art Festival Inc?
The following concerns were identified: Lack of reported assets or liabilities in recent years could indicate a very short-term financial cycle or minimal long-term investment.. The organization's 'nt' (nonprofit type) is not specified in the provided data, which could hinder a full understanding of its mission and operational scope.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Scituate Art Festival Inc's strengths?
Positive indicators for Scituate Art Festival Inc include: Consistent revenue generation over several years demonstrates a stable operational base.. Zero executive compensation indicates a high dedication to mission and efficient use of funds.. Expenses are consistently lower than revenue in recent years, suggesting financial prudence.. These findings are derived from AI analysis of the organization's financial filings.
How does Scituate Art Festival Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating a fully volunteer-run leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to operate effectively with no reported assets or liabilities in recent years?
The absence of reported assets or liabilities suggests a highly fluid financial model, possibly relying on immediate cash flow for event-based operations and minimal long-term capital investments. This could indicate a strong reliance on community support and in-kind donations rather than owned property or significant financial reserves.
What is the primary source of the organization's revenue, given its consistent figures and lack of assets?
Given the organization's name 'Scituate Art Festival Inc' and consistent revenue, it is highly probable that the primary source of revenue is from festival-related activities such as vendor fees, ticket sales, sponsorships, or donations directly tied to the annual event. The lack of assets suggests these funds are primarily used to cover immediate festival expenses.
Filing History
IRS 990 filing history for Scituate Art Festival Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Scituate Art Festival Inc's revenue has grown by 8.6%, moving from $70K to $76K. Total assets decreased by 100% over the same period, from $87K to $0. Total functional expenses rose by 3.4%, from $60K to $62K. In its most recent filing year (2024), Scituate Art Festival Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $76K | $62K | $0 | $0 | — | — |
| 2023 | $79K | $62K | $0 | $0 | — | View 990 |
| 2022 | $100K | $75K | $0 | $0 | — | — |
| 2021 | $34K | $62K | $0 | $0 | — | — |
| 2020 | $70K | $55K | $137K | $38K | — | — |
| 2019 | $72K | $64K | $123K | $39K | — | View 990 |
| 2018 | $67K | $90K | $109K | $32K | — | View 990 |
| 2017 | $71K | $80K | $136K | $40K | — | View 990 |
| 2015 | $75K | $63K | $141K | $39K | — | View 990 |
| 2014 | $73K | $60K | $130K | $39K | — | View 990 |
| 2013 | $71K | $56K | $117K | $39K | — | View 990 |
| 2012 | $70K | $60K | $87K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $76K, expenses of $62K, and assets of $0 (revenue -4.4% year-over-year).
- 2023: Revenue of $79K, expenses of $62K, and assets of $0 (revenue -20.8% year-over-year).
- 2022: Revenue of $100K, expenses of $75K, and assets of $0 (revenue +190.7% year-over-year).
- 2021: Revenue of $34K, expenses of $62K, and assets of $0 (revenue -50.9% year-over-year).
- 2020: Revenue of $70K, expenses of $55K, and assets of $137K (revenue -2.5% year-over-year).
- 2019: Revenue of $72K, expenses of $64K, and assets of $123K (revenue +7.9% year-over-year).
- 2018: Revenue of $67K, expenses of $90K, and assets of $109K (revenue -6.0% year-over-year).
- 2017: Revenue of $71K, expenses of $80K, and assets of $136K (revenue -5.2% year-over-year).
- 2015: Revenue of $75K, expenses of $63K, and assets of $141K (revenue +2.8% year-over-year).
- 2014: Revenue of $73K, expenses of $60K, and assets of $130K (revenue +3.0% year-over-year).
- 2013: Revenue of $71K, expenses of $56K, and assets of $117K (revenue +1.2% year-over-year).
- 2012: Revenue of $70K, expenses of $60K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scituate Art Festival Inc:
Data Sources and Methodology
This transparency report for Scituate Art Festival 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.