The Arts Connection Inc
The Arts Connection Inc consistently operates with a surplus and reports no officer compensation.
EIN: 132953240 · New York, NY · NTEE: A25Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $5.1M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 90/100 |
Is The Arts Connection Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Arts Connection Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Arts Connection Inc
The Arts Connection Inc (EIN: 132953240) is a nonprofit organization based in New York, NY, classified under NTEE code A25Z. The organization reported total revenue of $3.7M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arts Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Arts Connection Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$159K |
| Total Assets | $1.8M |
| Total Liabilities | $272K |
| Net Assets | $1.5M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, The Arts Connection Inc reported a surplus of $159K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Arts Connection Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | +7.8% | -15.1% |
| 2022 | -14.1% | +15.7% | -29.5% |
| 2021 | +7.0% | -9.0% | +54.0% |
| 2020 | -29.1% | -15.6% | -40.3% |
| 2019 | +31.1% | -3.9% | +51.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
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 The Arts Connection Inc 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, The Arts Connection Inc 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 surplus of $159K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.2%.
Executive Compensation Analysis
The Arts Connection Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests either a fully volunteer-led executive team or compensation is categorized differently, warranting further investigation for clarity.
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 Connection Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods, which could indicate aggressive asset management or specific funding structures that reduce debt, but also warrants deeper review for context.
- The consistent 0% officer compensation is highly unusual for an organization of this size and could indicate that executive compensation is reported under a different category, which would require further investigation for full transparency.
Strengths
The following positive indicators were identified for The Arts Connection Inc:
- Consistent operational surpluses in most recent years (e.g., $159,352 surplus in 2023).
- Zero reported officer compensation across all filings, indicating a strong commitment to mission-focused spending.
- Long history of IRS 990 filings (13 filings), demonstrating strong transparency and regulatory compliance.
- Healthy asset-to-liability ratio, indicating financial stability (e.g., $1,793,003 assets vs. $272,454 liabilities in 2023).
Frequently Asked Questions about The Arts Connection Inc
Is The Arts Connection Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Arts Connection Inc (EIN: 132953240) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does The Arts Connection Inc spend its money?
The Arts Connection Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Arts Connection Inc tax-deductible?
The Arts Connection Inc is registered as a tax-exempt nonprofit (EIN: 132953240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Arts Connection Inc's spending goes to programs?
The Arts Connection Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Arts Connection Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Arts Connection Inc is above average for NTEE category A25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Arts Connection Inc located?
The Arts Connection Inc is headquartered in New York, New York and files with the IRS under EIN 132953240. It is classified under NTEE code A25Z.
How many years of IRS 990 filings does The Arts Connection Inc have?
The Arts Connection Inc has 13 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 $3.7M in total revenue.
Is The Arts Connection Inc a good charity?
Based on the provided data, The Arts Connection Inc appears to be a financially stable organization with a strong commitment to transparency, evidenced by consistent IRS 990 filings and 0% reported officer compensation. Its consistent operational surpluses in recent years (e.g., $5,209,422 revenue vs. $5,050,070 expenses in 2023) suggest effective financial management.
How does The Arts Connection Inc manage its executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This is a highly positive indicator for donors, as it suggests that funds are not being used for executive salaries, or that executive leadership is entirely volunteer-based.
What is the financial trend of The Arts Connection Inc?
The Arts Connection Inc has shown fluctuating but generally stable financial performance. While revenue and expenses have varied year-to-year, the organization has frequently operated with a surplus, such as in 2023 ($5,209,422 revenue vs. $5,050,070 expenses) and 2021 ($5,165,768 revenue vs. $4,049,257 expenses), indicating sound financial management over time.
Filing History
IRS 990 filing history for The Arts Connection Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Arts Connection Inc's revenue has grown by 41.9%, moving from $3.7M to $5.2M. Total assets decreased by 13.2% over the same period, from $2.1M to $1.8M. Total functional expenses rose by 51.8%, from $3.3M to $5.1M. In its most recent filing year (2023), The Arts Connection Inc reported a surplus of $159K, with revenue exceeding expenses. The organization holds $272K in liabilities against $1.8M in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $5.1M | $1.8M | $272K | — | View 990 |
| 2022 | $4.4M | $4.7M | $2.1M | $870K | — | View 990 |
| 2021 | $5.2M | $4.0M | $3.0M | $1.3M | — | View 990 |
| 2020 | $4.8M | $4.4M | $1.9M | $914K | — | View 990 |
| 2019 | $6.8M | $5.3M | $3.3M | $797K | — | View 990 |
| 2018 | $5.2M | $5.5M | $2.2M | $676K | — | View 990 |
| 2017 | $4.3M | $5.0M | $2.5M | $690K | — | View 990 |
| 2016 | $4.0M | $5.1M | $3.0M | $509K | — | View 990 |
| 2015 | $6.4M | $4.7M | $2.9M | $257K | — | View 990 |
| 2014 | $4.7M | $4.4M | $1.5M | $575K | — | View 990 |
| 2013 | $3.7M | $4.1M | $1.1M | $415K | — | View 990 |
| 2012 | $3.2M | $3.8M | $1.4M | $381K | — | View 990 |
| 2011 | $3.7M | $3.3M | $2.1M | $407K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $5.1M, and assets of $1.8M (revenue +17.4% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.7M, and assets of $2.1M (revenue -14.1% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.0M, and assets of $3.0M (revenue +7.0% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.4M, and assets of $1.9M (revenue -29.1% year-over-year).
- 2019: Revenue of $6.8M, expenses of $5.3M, and assets of $3.3M (revenue +31.1% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.5M, and assets of $2.2M (revenue +22.0% year-over-year).
- 2017: Revenue of $4.3M, expenses of $5.0M, and assets of $2.5M (revenue +7.4% year-over-year).
- 2016: Revenue of $4.0M, expenses of $5.1M, and assets of $3.0M (revenue -38.3% year-over-year).
- 2015: Revenue of $6.4M, expenses of $4.7M, and assets of $2.9M (revenue +36.7% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.4M, and assets of $1.5M (revenue +27.8% year-over-year).
- 2013: Revenue of $3.7M, expenses of $4.1M, and assets of $1.1M (revenue +14.4% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.8M, and assets of $1.4M (revenue -12.4% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.3M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Arts Connection Inc:
Data Sources and Methodology
This transparency report for The Arts Connection 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.