The Atelier Studio Program Of Fine Arts
EIN: 237103263 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Revenue | $630K |
| Total Expenses | $498K |
| Net Assets | $106K |
Is The Atelier Studio Program Of Fine Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Atelier Studio Program Of Fine Arts
The Atelier Studio Program Of Fine Arts (EIN: 237103263) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $630K and total assets of $344K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Atelier Studio Program Of Fine Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Atelier Studio Program Of Fine Arts is a small nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $498K |
| Surplus / Deficit | $-21,045 |
| Total Assets | $214K |
| Total Liabilities | $108K |
| Net Assets | $106K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 5.1 months |
Financial Health Grade: C
In 2024, The Atelier Studio Program Of Fine Arts reported a deficit of $21K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Atelier Studio Program Of Fine Arts's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.2% | +8.2% | -7.9% |
| 2023 | +9.7% | +25.0% | -15.5% |
| 2022 | +14.9% | +16.1% | +4.2% |
| 2021 | +13.5% | +27.5% | +9.2% |
| 2020 | +16.6% | -4.6% | +296.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Atelier Studio Program Of Fine Arts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Atelier Studio Program Of Fine Arts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.5%.
Frequently Asked Questions about The Atelier Studio Program Of Fine Arts
Is The Atelier Studio Program Of Fine Arts a legitimate charity?
The Atelier Studio Program Of Fine Arts (EIN: 237103263) is a registered tax-exempt nonprofit based in Minnesota. It has 14 years of IRS 990 filings on record. Total revenue: $630K. No red flags identified. Financial health grade: C.
How does The Atelier Studio Program Of Fine Arts spend its money?
The Atelier Studio Program Of Fine Arts reported $630K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Atelier Studio Program Of Fine Arts tax-deductible?
The Atelier Studio Program Of Fine Arts is registered as a tax-exempt nonprofit (EIN: 237103263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Atelier Studio Program Of Fine Arts located?
The Atelier Studio Program Of Fine Arts is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 237103263.
How many years of IRS 990 filings does The Atelier Studio Program Of Fine Arts have?
The Atelier Studio Program Of Fine Arts has 14 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 $630K in total revenue.
Filing History
IRS 990 filing history for The Atelier Studio Program Of Fine Arts showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Atelier Studio Program Of Fine Arts's revenue has grown by 142.9%, moving from $196K to $477K. Total assets increased by 426.3% over the same period, from $41K to $214K. Total functional expenses rose by 148.6%, from $200K to $498K. In its most recent filing year (2024), The Atelier Studio Program Of Fine Arts reported a deficit of $21K, with expenses exceeding revenue. The organization holds $108K in liabilities against $214K in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $477K | $498K | $214K | $108K | — | — |
| 2023 | $429K | $460K | $232K | $105K | — | View 990 |
| 2022 | $391K | $368K | $274K | $116K | — | View 990 |
| 2021 | $340K | $317K | $263K | $128K | — | View 990 |
| 2020 | $300K | $249K | $241K | $129K | — | View 990 |
| 2019 | $257K | $261K | $61K | $0 | — | View 990 |
| 2018 | $265K | $252K | $64K | $0 | — | View 990 |
| 2017 | $247K | $256K | $51K | $0 | — | View 990 |
| 2016 | $237K | $245K | $61K | $0 | — | View 990 |
| 2015 | $238K | $212K | $69K | $0 | — | View 990 |
| 2014 | $220K | $219K | $43K | $0 | — | View 990 |
| 2013 | $189K | $183K | $42K | $0 | — | View 990 |
| 2012 | $194K | $199K | $35K | $0 | — | View 990 |
| 2011 | $196K | $200K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $477K, expenses of $498K, and assets of $214K (revenue +11.2% year-over-year).
- 2023: Revenue of $429K, expenses of $460K, and assets of $232K (revenue +9.7% year-over-year).
- 2022: Revenue of $391K, expenses of $368K, and assets of $274K (revenue +14.9% year-over-year).
- 2021: Revenue of $340K, expenses of $317K, and assets of $263K (revenue +13.5% year-over-year).
- 2020: Revenue of $300K, expenses of $249K, and assets of $241K (revenue +16.6% year-over-year).
- 2019: Revenue of $257K, expenses of $261K, and assets of $61K (revenue -3.0% year-over-year).
- 2018: Revenue of $265K, expenses of $252K, and assets of $64K (revenue +7.3% year-over-year).
- 2017: Revenue of $247K, expenses of $256K, and assets of $51K (revenue +4.2% year-over-year).
- 2016: Revenue of $237K, expenses of $245K, and assets of $61K (revenue -0.5% year-over-year).
- 2015: Revenue of $238K, expenses of $212K, and assets of $69K (revenue +8.1% year-over-year).
- 2014: Revenue of $220K, expenses of $219K, and assets of $43K (revenue +16.7% year-over-year).
- 2013: Revenue of $189K, expenses of $183K, and assets of $42K (revenue -2.6% year-over-year).
- 2012: Revenue of $194K, expenses of $199K, and assets of $35K (revenue -1.2% year-over-year).
- 2011: Revenue of $196K, expenses of $200K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Atelier Studio Program Of Fine Arts:
Data Sources and Methodology
This transparency report for The Atelier Studio Program Of Fine 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.