The Arts Center Of The Capital Region
The Arts Center Of The Capital Region shows consistent revenue growth and a strong asset base, with no reported officer compensation.
EIN: 141484756 · Troy, NY · NTEE: A260 · Updated: 2026-03-28
Is The Arts Center Of The Capital Region Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Arts Center Of The Capital Region directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Arts Center Of The Capital Region
The Arts Center Of The Capital Region (EIN: 141484756) is a nonprofit organization based in Troy, NY, classified under NTEE code A260. The organization reported total revenue of $2.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arts Center Of The Capital Region'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 Arts Center Of The Capital Region 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Arts Center Of The Capital Region allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual and suggests either that executive compensation is not paid, or it is reported under a different category, or the organization relies heavily on volunteer leadership. If truly 0%, it indicates a strong commitment to directing funds to the mission rather than executive salaries.
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 Center Of The Capital Region's IRS 990 filings:
- Consistent operating deficits in several years (e.g., 2023: expenses $2,017,957 vs. revenue $1,900,388), though offset by strong assets.
- Unusually low or 0% reported officer compensation, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for The Arts Center Of The Capital Region:
- Strong and consistent revenue growth, especially from 2021 to 2023.
- Healthy asset-to-liability ratio, indicating strong financial reserves (2023 assets: $3,258,327 vs. liabilities: $1,464,989).
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Reported 0% officer compensation, suggesting a high dedication of funds to programmatic activities.
Frequently Asked Questions about The Arts Center Of The Capital Region
Is The Arts Center Of The Capital Region a legitimate charity?
Based on AI analysis of IRS 990 filings, The Arts Center Of The Capital Region (EIN: 141484756) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does The Arts Center Of The Capital Region spend its money?
The Arts Center Of The Capital Region directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Arts Center Of The Capital Region tax-deductible?
The Arts Center Of The Capital Region is registered as a tax-exempt nonprofit (EIN: 141484756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Arts Center Of The Capital Region a good charity?
Based on the available data, The Arts Center Of The Capital Region appears to be a good charity. It demonstrates consistent revenue growth, a strong asset base relative to liabilities, and a notable 0% reported officer compensation, suggesting a high dedication to its mission.
How has the organization's revenue trended over time?
The organization has shown significant revenue growth, particularly from $1,036,427 in 2021 to $1,900,388 in 2023, indicating increasing support and activity.
What is the organization's financial stability?
The Arts Center Of The Capital Region exhibits good financial stability with assets of $3,258,327 in 2023 significantly outweighing liabilities of $1,464,989, providing a healthy financial cushion despite some years of operating deficits.
Filing History
IRS 990 filing history for The Arts Center Of The Capital Region showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Arts Center Of The Capital Region's revenue has grown by 64.3%, moving from $1.2M to $1.9M. Total assets decreased by 15.8% over the same period, from $3.9M to $3.3M. Total functional expenses rose by 64.5%, from $1.2M to $2.0M. In its most recent filing year (2023), The Arts Center Of The Capital Region reported a deficit of $118K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $3.3M in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $3.3M | $1.5M | — | View 990 |
| 2022 | $1.5M | $1.7M | $3.0M | $1.1M | — | View 990 |
| 2021 | $1.0M | $1.1M | $2.9M | $873K | — | View 990 |
| 2020 | $1.3M | $1.3M | $2.9M | $776K | — | View 990 |
| 2019 | $1.3M | $1.3M | $2.7M | $638K | — | View 990 |
| 2018 | $1.2M | $1.4M | $2.8M | $703K | — | View 990 |
| 2017 | $1.3M | $1.3M | $3.0M | $666K | — | View 990 |
| 2016 | $1.1M | $1.3M | $3.0M | $683K | — | View 990 |
| 2015 | $1.1M | $1.3M | $3.2M | $714K | — | View 990 |
| 2014 | $1.1M | $1.4M | $3.6M | $848K | — | View 990 |
| 2013 | $1.1M | $1.3M | $3.7M | $785K | — | View 990 |
| 2012 | $1.2M | $1.2M | $3.9M | $818K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $3.3M (revenue +24.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $3.0M (revenue +47.9% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.1M, and assets of $2.9M (revenue -18.7% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $2.9M (revenue -2.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $2.7M (revenue +12.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $2.8M (revenue -9.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $3.0M (revenue +13.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $3.0M (revenue +6.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.3M, and assets of $3.2M (revenue -6.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $3.6M (revenue -0.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $3.7M (revenue -0.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $3.9M.
Data Sources and Methodology
This transparency report for The Arts Center Of The Capital Region 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.