The Art Effect Of The Hudson Valley Inc
The Art Effect: Strong Program Focus, Growing Assets
EIN: 222538177 · Poughkeepsie, NY · NTEE: A200 · Updated: 2026-04-04
About The Art Effect Of The Hudson Valley Inc
The Art Effect Of The Hudson Valley Inc (EIN: 222538177) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code A200. The organization reported total revenue of $2.3M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Art Effect Of The Hudson Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Art Effect Of The Hudson Valley Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, The Art Effect Of The Hudson Valley Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from their 990 filings.
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 The Art Effect Of The Hudson Valley Inc:
- Consistent growth in assets from $651,342 in 2016 to $2,358,982 in 2023, indicating financial stability and expansion.
- Strong program spending focus, with a high percentage of expenses directed towards their mission.
- Positive revenue trends, with significant increases from $845,140 in 2016 to $2,278,630 in 2023.
- Healthy liquidity, with current assets consistently exceeding liabilities.
Frequently Asked Questions about The Art Effect Of The Hudson Valley Inc
What does The Art Effect Of The Hudson Valley Inc do?
The Art Effect Of The Hudson Valley Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Poughkeepsie, New York. It is classified under NTEE code A200.
How much revenue does The Art Effect Of The Hudson Valley Inc have?
The Art Effect Of The Hudson Valley Inc reported total revenue of $2,278,630. Based on 13 IRS 990 filings on record.
What are The Art Effect Of The Hudson Valley Inc's total assets?
The Art Effect Of The Hudson Valley Inc holds total assets of $2,358,982 as reported in IRS 990 filings.
Where is The Art Effect Of The Hudson Valley Inc located?
The Art Effect Of The Hudson Valley Inc is based in Poughkeepsie, New York.
What is The Art Effect Of The Hudson Valley Inc's EIN?
The Art Effect Of The Hudson Valley Inc's Employer Identification Number (EIN) is 222538177. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Art Effect Of The Hudson Valley Inc?
The Art Effect Of The Hudson Valley Inc is classified under NTEE code A200 (Arts, Culture & Humanities).
Is The Art Effect Of The Hudson Valley Inc a registered 501(c)(3)?
Yes, The Art Effect Of The Hudson Valley Inc is recognized as a tax-exempt organization by the IRS. EIN: 222538177.
Does The Art Effect Of The Hudson Valley Inc file IRS Form 990?
Yes, The Art Effect Of The Hudson Valley Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Art Effect Of The Hudson Valley Inc's revenue in 2023?
In the 202312 filing period, The Art Effect Of The Hudson Valley Inc reported total revenue of $2,370,815, total expenses of $1,902,664, and net assets of $2,151,362.
Is The Art Effect Of The Hudson Valley Inc's revenue growing or declining?
The Art Effect Of The Hudson Valley Inc's revenue is growing. Revenue went from $1,927,255 (202212) to $2,370,815 (202312), a +23.0% change. Based on 13 filings on record.
What is The Art Effect Of The Hudson Valley Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Art Effect Of The Hudson Valley Inc covers tax period 202312. It shows revenue of $2,370,815, expenses of $1,902,664, total assets of $2,151,362, and liabilities of $153,608.
How much does The Art Effect Of The Hudson Valley Inc spend on programs vs administration?
Based on IRS 990 analysis, The Art Effect Of The Hudson Valley Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Art Effect Of The Hudson Valley Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Art Effect Of The Hudson Valley Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are The Art Effect Of The Hudson Valley Inc's strengths?
Positive indicators for The Art Effect Of The Hudson Valley Inc include: Consistent growth in assets from $651,342 in 2016 to $2,358,982 in 2023, indicating financial stability and expansion.. Strong program spending focus, with a high percentage of expenses directed towards their mission.. Positive revenue trends, with significant increases from $845,140 in 2016 to $2,278,630 in 2023.. Healthy liquidity, with current assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does The Art Effect Of The Hudson Valley Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from their 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has The Art Effect managed to achieve such significant asset growth over the past seven years?
The Art Effect has demonstrated consistent asset growth, increasing from $651,342 in 2016 to $2,358,982 in 2023. This growth is likely attributable to a combination of increasing revenues, effective expense management, and potentially successful fundraising campaigns or capital investments, as evidenced by the consistent rise in total assets year over year.
What specific programs or initiatives have driven the substantial increase in revenue observed between 2016 and 2023?
While the provided data shows a significant revenue increase from $845,140 in 2016 to $2,278,630 in 2023, the specific programs or initiatives driving this growth are not detailed. Further investigation into their annual reports or program descriptions would be necessary to identify the key drivers, such as new grants, expanded program offerings, or increased community engagement.
Filing History
IRS 990 filing history for The Art Effect Of The Hudson Valley Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Art Effect Of The Hudson Valley Inc's revenue has grown by 207.2%, moving from $772K to $2.4M. Total assets increased by 163.2% over the same period, from $817K to $2.2M. Total functional expenses rose by 107.2%, from $918K to $1.9M. In its most recent filing year (2023), The Art Effect Of The Hudson Valley Inc reported a surplus of $468K, with revenue exceeding expenses. The organization holds $154K in liabilities against $2.2M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.9M | $2.2M | $154K | — | — |
| 2022 | $1.9M | $1.7M | $1.8M | $263K | — | View 990 |
| 2021 | $2.0M | $1.6M | $1.2M | $222K | — | View 990 |
| 2020 | $1.2M | $1.4M | $689K | $213K | — | View 990 |
| 2019 | $1.5M | $1.5M | $716K | $223K | — | View 990 |
| 2018 | $1.4M | $1.3M | $766K | $243K | — | View 990 |
| 2017 | $872K | $835K | $668K | $239K | — | View 990 |
| 2016 | $845K | $896K | $651K | $267K | — | View 990 |
| 2015 | $831K | $840K | $701K | $266K | — | View 990 |
| 2014 | $795K | $881K | $736K | $291K | — | View 990 |
| 2013 | $896K | $841K | $769K | $239K | — | View 990 |
| 2012 | $852K | $915K | $788K | $312K | — | View 990 |
| 2011 | $772K | $918K | $817K | $279K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.9M, and assets of $2.2M (revenue +23.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $1.8M (revenue -5.7% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $1.2M (revenue +70.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $689K (revenue -19.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $716K (revenue +5.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $766K (revenue +61.5% year-over-year).
- 2017: Revenue of $872K, expenses of $835K, and assets of $668K (revenue +3.1% year-over-year).
- 2016: Revenue of $845K, expenses of $896K, and assets of $651K (revenue +1.7% year-over-year).
- 2015: Revenue of $831K, expenses of $840K, and assets of $701K (revenue +4.5% year-over-year).
- 2014: Revenue of $795K, expenses of $881K, and assets of $736K (revenue -11.3% year-over-year).
- 2013: Revenue of $896K, expenses of $841K, and assets of $769K (revenue +5.1% year-over-year).
- 2012: Revenue of $852K, expenses of $915K, and assets of $788K (revenue +10.5% year-over-year).
- 2011: Revenue of $772K, expenses of $918K, and assets of $817K.
Data Sources and Methodology
This transparency report for The Art Effect Of The Hudson Valley 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.