The Arts And Recreation Center
The Arts And Recreation Center reports $0 revenue and assets in its latest filing, following years of fluctuating financial activity.
EIN: 10368571 · Vinalhaven, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $62K |
| Program Spending | 75% |
| Net Assets | $40K |
| Transparency Score | 60/100 |
Is The Arts And Recreation Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Arts And Recreation Center directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Arts And Recreation Center
The Arts And Recreation Center (EIN: 10368571) is a nonprofit organization based in Vinalhaven, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arts And Recreation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Arts And Recreation Center is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -27.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $62K |
| Surplus / Deficit | +$31K |
| Total Assets | $41K |
| Total Liabilities | $1K |
| Net Assets | $40K |
| Operating Margin | 33.3% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2014, The Arts And Recreation Center reported a surplus of $31K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), The Arts And Recreation Center's revenue has declined at a compound annual growth rate (CAGR) of -27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -67.5% | -78.1% | +111.0% |
| 2013 | +12.1% | -0.3% | -58.1% |
| 2012 | +2.9% | +9.7% | -14.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Arts And Recreation Center with a Mission Score of 60 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Arts And Recreation Center allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executives or officers are drawing salaries, which is commendable for a nonprofit of its size.
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 The Arts And Recreation Center's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations.
- Lack of NTEE code makes it difficult to categorize and compare the organization's mission and activities.
- Fluctuating revenues and expenses over the years suggest potential instability in funding or operations.
Strengths
The following positive indicators were identified for The Arts And Recreation Center:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Historically maintained positive assets, though modest, in previous active periods.
Frequently Asked Questions about The Arts And Recreation Center
Is The Arts And Recreation Center a legitimate charity?
Based on AI analysis of IRS 990 filings, The Arts And Recreation Center (EIN: 10368571) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does The Arts And Recreation Center spend its money?
The Arts And Recreation Center directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Arts And Recreation Center tax-deductible?
The Arts And Recreation Center is registered as a tax-exempt nonprofit (EIN: 10368571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Arts And Recreation Center's spending goes to programs?
The Arts And Recreation Center directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Arts And Recreation Center located?
The Arts And Recreation Center is headquartered in Vinalhaven, Maine and files with the IRS under EIN 10368571.
How many years of IRS 990 filings does The Arts And Recreation Center have?
The Arts And Recreation Center has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the reason for the $0 revenue and assets in the latest reported period?
The provided data shows a significant change from previous years where the organization had revenues ranging from $92,350 to $284,233. This abrupt change warrants further investigation into the organization's current operational status.
Is the organization still active and pursuing its mission?
With $0 revenue and assets reported, it's unclear if The Arts And Recreation Center is still actively operating or if it has ceased operations. Further information would be needed to confirm its current status.
What are the specific programs and activities The Arts And Recreation Center undertakes?
The provided data does not include details on the organization's programs. Understanding its activities would help assess its impact and alignment with its mission.
Filing History
IRS 990 filing history for The Arts And Recreation Center showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), The Arts And Recreation Center's revenue has declined by 62.5%, moving from $246K to $92K. Total assets decreased by 24.8% over the same period, from $55K to $41K. Total functional expenses fell by 76%, from $256K to $62K. In its most recent filing year (2014), The Arts And Recreation Center reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1K in liabilities against $41K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $92K | $62K | $41K | $1K | — | View 990 |
| 2013 | $284K | $281K | $20K | $10K | — | View 990 |
| 2012 | $254K | $281K | $47K | $36K | — | View 990 |
| 2011 | $246K | $256K | $55K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $92K, expenses of $62K, and assets of $41K (revenue -67.5% year-over-year).
- 2013: Revenue of $284K, expenses of $281K, and assets of $20K (revenue +12.1% year-over-year).
- 2012: Revenue of $254K, expenses of $281K, and assets of $47K (revenue +2.9% year-over-year).
- 2011: Revenue of $246K, expenses of $256K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Arts And Recreation Center:
Data Sources and Methodology
This transparency report for The Arts And Recreation Center 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.