Spokane Art School
EIN: 454610507 · Spokane, WA · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $199K |
| Net Assets | $138K |
Is Spokane Art School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spokane Art School
Spokane Art School (EIN: 454610507) is a nonprofit organization based in Spokane, WA, classified under NTEE code A25. The organization reported total revenue of $131K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spokane Art School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spokane Art School is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $199K |
| Surplus / Deficit | $-87,606 |
| Total Assets | $139K |
| Total Liabilities | $846 |
| Net Assets | $138K |
| Operating Margin | -78.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Spokane Art School reported a deficit of $88K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Spokane Art School's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.7% | +48.8% | -38.9% |
| 2022 | +201.5% | +101.1% | +9.2% |
| 2021 | -18.2% | +22.9% | +4.4% |
| 2020 | -21.9% | -50.5% | +23.4% |
| 2019 | +13.9% | -10.0% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spokane Art School 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 Spokane Art School 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 $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Spokane Art School
Is Spokane Art School a legitimate charity?
Spokane Art School (EIN: 454610507) is a registered tax-exempt nonprofit based in Washington. It has 11 years of IRS 990 filings on record. Total revenue: $131K. No red flags identified. Financial health grade: B.
How does Spokane Art School spend its money?
Spokane Art School reported $131K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spokane Art School tax-deductible?
Spokane Art School is registered as a tax-exempt nonprofit (EIN: 454610507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spokane Art School located?
Spokane Art School is headquartered in Spokane, Washington and files with the IRS under EIN 454610507. It is classified under NTEE code A25.
How many years of IRS 990 filings does Spokane Art School have?
Spokane Art School has 11 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 $131K in total revenue.
Filing History
IRS 990 filing history for Spokane Art School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Spokane Art School's revenue has grown by 47.3%, moving from $76K to $112K. Total assets increased by 1750.5% over the same period, from $7K to $139K. Total functional expenses rose by 176.7%, from $72K to $199K. In its most recent filing year (2023), Spokane Art School reported a deficit of $88K, with expenses exceeding revenue. The organization holds $846 in liabilities against $139K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $199K | $139K | $846 | — | View 990 |
| 2022 | $236K | $134K | $227K | $1K | — | View 990 |
| 2021 | $78K | $67K | $208K | $85K | — | View 990 |
| 2020 | $96K | $54K | $199K | $88K | — | — |
| 2019 | $123K | $110K | $161K | $92K | — | View 990 |
| 2018 | $108K | $122K | $151K | $95K | — | View 990 |
| 2017 | $164K | $122K | $169K | $99K | — | — |
| 2016 | $128K | $125K | $130K | $102K | — | View 990 |
| 2015 | $105K | $110K | $129K | $105K | — | View 990 |
| 2014 | $120K | $97K | $141K | $112K | — | View 990 |
| 2013 | $76K | $72K | $7K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $199K, and assets of $139K (revenue -52.7% year-over-year).
- 2022: Revenue of $236K, expenses of $134K, and assets of $227K (revenue +201.5% year-over-year).
- 2021: Revenue of $78K, expenses of $67K, and assets of $208K (revenue -18.2% year-over-year).
- 2020: Revenue of $96K, expenses of $54K, and assets of $199K (revenue -21.9% year-over-year).
- 2019: Revenue of $123K, expenses of $110K, and assets of $161K (revenue +13.9% year-over-year).
- 2018: Revenue of $108K, expenses of $122K, and assets of $151K (revenue -34.1% year-over-year).
- 2017: Revenue of $164K, expenses of $122K, and assets of $169K (revenue +27.4% year-over-year).
- 2016: Revenue of $128K, expenses of $125K, and assets of $130K (revenue +22.7% year-over-year).
- 2015: Revenue of $105K, expenses of $110K, and assets of $129K (revenue -12.6% year-over-year).
- 2014: Revenue of $120K, expenses of $97K, and assets of $141K (revenue +57.8% year-over-year).
- 2013: Revenue of $76K, expenses of $72K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spokane Art School:
Data Sources and Methodology
This transparency report for Spokane Art School 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.