The Rhythmic Arts Project Incorporated
EIN: 300265346 · Oxford, CT · NTEE: P80
Is The Rhythmic Arts Project Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Rhythmic Arts Project Incorporated
The Rhythmic Arts Project Incorporated (EIN: 300265346) is a nonprofit organization based in Oxford, CT, classified under NTEE code P80. The organization reported total revenue of $179K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Rhythmic Arts Project Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Rhythmic Arts Project Incorporated is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $55K |
| Surplus / Deficit | $-34,790 |
| Total Assets | $155K |
| Net Assets | $155K |
| Operating Margin | -168.3% |
| Months of Reserves | 33.5 months |
Financial Health Grade: B
In 2023, The Rhythmic Arts Project Incorporated reported a deficit of $35K with expenses exceeding revenue, holds 33.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Rhythmic Arts Project Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.6% | -39.3% | -19.6% |
| 2022 | +28.3% | +9.3% | +16.0% |
| 2021 | +43.0% | +27.3% | +3.2% |
| 2020 | -42.4% | -34.7% | +1.2% |
| 2019 | +6.3% | +1.3% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Rhythmic Arts Project Incorporated 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 Rhythmic Arts Project Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
Frequently Asked Questions about The Rhythmic Arts Project Incorporated
Is The Rhythmic Arts Project Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, The Rhythmic Arts Project Incorporated (EIN: 300265346) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Rhythmic Arts Project Incorporated spend its money?
Detailed spending breakdown data is not yet available for The Rhythmic Arts Project Incorporated. Check back for updated IRS 990 analysis.
Are donations to The Rhythmic Arts Project Incorporated tax-deductible?
The Rhythmic Arts Project Incorporated is registered as a tax-exempt nonprofit (EIN: 300265346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Rhythmic Arts Project Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Rhythmic Arts Project Incorporated's revenue has declined by 74.5%, moving from $81K to $21K. Total assets increased by 153% over the same period, from $61K to $155K. Total functional expenses fell by 42.4%, from $96K to $55K. In its most recent filing year (2023), The Rhythmic Arts Project Incorporated reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $55K | $155K | $0 | — | — |
| 2022 | $119K | $91K | $193K | $3K | — | View 990 |
| 2021 | $93K | $84K | $166K | $4K | — | View 990 |
| 2020 | $65K | $66K | $161K | $4K | — | — |
| 2019 | $113K | $101K | $159K | $1K | — | — |
| 2018 | $106K | $99K | $149K | $4K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $90K | $79K | $90K | $2K | — | View 990 |
| 2015 | $62K | $81K | $79K | $1K | — | View 990 |
| 2014 | $107K | $79K | $99K | $3K | — | View 990 |
| 2013 | $92K | $108K | $69K | $1K | — | View 990 |
| 2012 | $147K | $112K | $96K | $2K | — | View 990 |
| 2011 | $81K | $96K | $61K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $55K, and assets of $155K (revenue -82.6% year-over-year).
- 2022: Revenue of $119K, expenses of $91K, and assets of $193K (revenue +28.3% year-over-year).
- 2021: Revenue of $93K, expenses of $84K, and assets of $166K (revenue +43.0% year-over-year).
- 2020: Revenue of $65K, expenses of $66K, and assets of $161K (revenue -42.4% year-over-year).
- 2019: Revenue of $113K, expenses of $101K, and assets of $159K (revenue +6.3% year-over-year).
- 2018: Revenue of $106K, expenses of $99K, and assets of $149K.
- 2017: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2016: Revenue of $90K, expenses of $79K, and assets of $90K (revenue +44.1% year-over-year).
- 2015: Revenue of $62K, expenses of $81K, and assets of $79K (revenue -41.9% year-over-year).
- 2014: Revenue of $107K, expenses of $79K, and assets of $99K (revenue +16.3% year-over-year).
- 2013: Revenue of $92K, expenses of $108K, and assets of $69K (revenue -37.2% year-over-year).
- 2012: Revenue of $147K, expenses of $112K, and assets of $96K (revenue +80.8% year-over-year).
- 2011: Revenue of $81K, expenses of $96K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Rhythmic Arts Project Incorporated:
Data Sources and Methodology
This transparency report for The Rhythmic Arts Project Incorporated 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.