Spring City Arts
Spring City Arts maintains stable finances and zero reported officer compensation.
EIN: 208148575 · Spring City, UT · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $161K |
| Program Spending | 85% |
| Net Assets | $81K |
| Transparency Score | 90/100 |
Is Spring City Arts Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spring City Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spring City Arts
Spring City Arts (EIN: 208148575) is a nonprofit organization based in Spring City, UT, classified under NTEE code A20. The organization reported total revenue of $198K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spring City Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spring City Arts is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $161K |
| Surplus / Deficit | $-8,343 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -5.5% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Spring City Arts reported a deficit of $8K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2010–2023), Spring City Arts's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +10.4% | -9.3% |
| 2022 | +45.8% | +18.7% | +97.8% |
| 2021 | -18.4% | +1.4% | +20.2% |
| 2020 | +5.5% | -11.1% | +16.3% |
| 2019 | +33.4% | +17.9% | +151.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Spring City 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: 85%
- fundraising: 5%
According to IRS 990 filings, Spring City Arts 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 $8K, with expenses exceeding revenue.
Executive Compensation Analysis
Spring City Arts consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for donor perception and resource allocation 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.
Strengths
The following positive indicators were identified for Spring City Arts:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Significant growth in assets from $4,041 in 2010 to $81,425 in 2023, demonstrating financial health and accumulation of resources.
- No reported liabilities in most recent filings, indicating a strong balance sheet.
- Consistent filing of IRS Form 990s (8 filings), demonstrating good transparency and compliance.
- Stable revenue generation, consistently over $100,000 in recent years, supporting ongoing operations.
Frequently Asked Questions about Spring City Arts
Is Spring City Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Spring City Arts (EIN: 208148575) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Spring City Arts spend its money?
Spring City Arts directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spring City Arts tax-deductible?
Spring City Arts is registered as a tax-exempt nonprofit (EIN: 208148575). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spring City Arts's spending goes to programs?
Spring City Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spring City Arts compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Spring City Arts is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spring City Arts located?
Spring City Arts is headquartered in Spring City, Utah and files with the IRS under EIN 208148575. It is classified under NTEE code A20.
How many years of IRS 990 filings does Spring City Arts have?
Spring City Arts has 8 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 $198K in total revenue.
Is Spring City Arts financially stable?
Yes, Spring City Arts appears financially stable. While 2023 showed a minor deficit ($152,606 revenue vs. $160,949 expenses), previous years consistently showed surpluses, and assets have grown substantially from $4,041 in 2010 to $81,425 in 2023, with no reported liabilities in recent periods.
How does Spring City Arts manage executive compensation?
Spring City Arts reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for efficiency.
Has Spring City Arts grown over time?
Yes, Spring City Arts has shown significant growth. Its assets have increased from $4,041 in 2010 to $81,425 in 2023, and annual revenue has grown from approximately $15,000-$17,000 in 2010-2011 to consistently over $100,000 in recent years, reaching $197,696 in its latest reported period.
Filing History
IRS 990 filing history for Spring City Arts showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2023), Spring City Arts's revenue has grown by 911.5%, moving from $15K to $153K. Total assets increased by 1915% over the same period, from $4K to $81K. Total functional expenses rose by 939.7%, from $15K to $161K. In its most recent filing year (2023), Spring City Arts reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $161K | $81K | $0 | — | — |
| 2022 | $190K | $146K | $90K | $0 | — | View 990 |
| 2021 | $130K | $123K | $45K | $0 | — | View 990 |
| 2020 | $160K | $121K | $38K | $0 | — | — |
| 2019 | $151K | $136K | $32K | $17K | — | View 990 |
| 2018 | $113K | $116K | $13K | $0 | — | View 990 |
| 2011 | $18K | $15K | $7K | $0 | — | View 990 |
| 2010 | $15K | $15K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $161K, and assets of $81K (revenue -19.7% year-over-year).
- 2022: Revenue of $190K, expenses of $146K, and assets of $90K (revenue +45.8% year-over-year).
- 2021: Revenue of $130K, expenses of $123K, and assets of $45K (revenue -18.4% year-over-year).
- 2020: Revenue of $160K, expenses of $121K, and assets of $38K (revenue +5.5% year-over-year).
- 2019: Revenue of $151K, expenses of $136K, and assets of $32K (revenue +33.4% year-over-year).
- 2018: Revenue of $113K, expenses of $116K, and assets of $13K (revenue +531.7% year-over-year).
- 2011: Revenue of $18K, expenses of $15K, and assets of $7K (revenue +19.0% year-over-year).
- 2010: Revenue of $15K, expenses of $15K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spring City Arts:
Data Sources and Methodology
This transparency report for Spring City 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.