The@Don And Ruth Clark Foundation For Music Inc
The Don And Ruth Clark Foundation For Music Inc maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 202708255 · Pleasant View, UT · NTEE: A68 · Updated: 2026-03-28
About The@Don And Ruth Clark Foundation For Music Inc
The@Don And Ruth Clark Foundation For Music Inc (EIN: 202708255) is a nonprofit organization based in Pleasant View, UT, classified under NTEE code A68. The organization reported total revenue of $20K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Don And Ruth Clark Foundation For Music Inc'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@Don And Ruth Clark Foundation For Music 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: 90%
- fundraising: 0%
According to IRS 990 filings, The@Don And Ruth Clark Foundation For Music Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of this 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@Don And Ruth Clark Foundation For Music Inc's IRS 990 filings:
- Highly fluctuating annual revenue, which could indicate an unstable funding model or reliance on sporadic large donations.
Strengths
The following positive indicators were identified for The@Don And Ruth Clark Foundation For Music Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission spending.
- Healthy and growing asset base, reaching $163,970 in the latest period, providing financial stability.
- Very low liabilities ($1 in recent years), demonstrating excellent financial management and solvency.
- Efficient spending, as evidenced by low expenses relative to revenue in many periods (e.g., $10,030 expenses vs. $42,409 revenue in 2023).
Frequently Asked Questions about The@Don And Ruth Clark Foundation For Music Inc
Is The Don And Ruth Clark Foundation For Music Inc a good charity?
Based on the available IRS 990 data, the foundation appears to be a good charity. It consistently reports zero officer compensation, maintains a healthy asset base, and demonstrates efficient spending with low liabilities. The focus on directing funds to its mission is evident.
How does the organization manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, expenses were $10,030 against revenue of $42,409, indicating a significant portion of funds are either saved or directly applied to programs. The consistent reporting of $0 officer compensation also points to lean administrative costs.
What is the trend in the organization's revenue?
The organization's revenue has been highly variable. It saw a significant increase to $42,409 in 2023 from a low of $562 in 2022, and $2,525 in 2021. Prior to that, revenues were in the $20,000-$30,000 range in earlier periods, suggesting an inconsistent funding stream.
Filing History
IRS 990 filing history for The@Don And Ruth Clark Foundation For Music Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), The@Don And Ruth Clark Foundation For Music Inc's revenue has grown by 55.9%, moving from $27K to $42K. Total assets increased by 52.4% over the same period, from $108K to $164K. Total functional expenses fell by 62.2%, from $27K to $10K. In its most recent filing year (2023), The@Don And Ruth Clark Foundation For Music Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1 in liabilities against $164K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $10K | $164K | $1 | — | — |
| 2022 | $562 | $546 | $131K | $1 | — | — |
| 2021 | $3K | $3K | $131K | $1 | — | — |
| 2020 | $9K | $10K | $131K | $1 | — | — |
| 2019 | $23K | $22K | $132K | $1 | — | View 990 |
| 2015 | $33K | $31K | $132K | $372 | — | View 990 |
| 2014 | $28K | $31K | $131K | $2K | — | View 990 |
| 2013 | $22K | $987 | $133K | $1K | — | View 990 |
| 2011 | $27K | $27K | $108K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $10K, and assets of $164K (revenue +7446.1% year-over-year).
- 2022: Revenue of $562, expenses of $546, and assets of $131K (revenue -77.7% year-over-year).
- 2021: Revenue of $3K, expenses of $3K, and assets of $131K (revenue -72.7% year-over-year).
- 2020: Revenue of $9K, expenses of $10K, and assets of $131K (revenue -59.1% year-over-year).
- 2019: Revenue of $23K, expenses of $22K, and assets of $132K (revenue -32.0% year-over-year).
- 2015: Revenue of $33K, expenses of $31K, and assets of $132K (revenue +16.6% year-over-year).
- 2014: Revenue of $28K, expenses of $31K, and assets of $131K (revenue +30.3% year-over-year).
- 2013: Revenue of $22K, expenses of $987, and assets of $133K (revenue -19.7% year-over-year).
- 2011: Revenue of $27K, expenses of $27K, and assets of $108K.
Data Sources and Methodology
This transparency report for The@Don And Ruth Clark Foundation For Music 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.