Usdan Center For The Creative And Performing Arts
Usdan Center maintains strong assets despite fluctuating revenues and occasional operating deficits.
EIN: 132792668 · Wheatley Hts, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.3M |
| Total Expenses | $9.4M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $7.7M |
| Transparency Score | 75/100 |
Is Usdan Center For The Creative And Performing Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Usdan Center For The Creative And Performing Arts directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Usdan Center For The Creative And Performing Arts
Usdan Center For The Creative And Performing Arts (EIN: 132792668) is a nonprofit organization based in Wheatley Hts, NY, classified under NTEE code A6E0. The organization reported total revenue of $12.3M and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usdan Center For The Creative And Performing Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usdan Center For The Creative And Performing Arts is a large nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $9.4M |
| Surplus / Deficit | $-509,767 |
| Total Assets | $8.6M |
| Total Liabilities | $828K |
| Net Assets | $7.7M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 9.7% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Usdan Center For The Creative And Performing Arts reported a deficit of $510K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Usdan Center For The Creative And Performing Arts's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.4% | -10.5% | +1.8% |
| 2022 | +38.9% | +48.4% | -7.5% |
| 2021 | +173.2% | +119.1% | +14.1% |
| 2020 | +4003.4% | +284.4% | +11.6% |
| 2019 | -99.2% | -90.8% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Usdan Center For The Creative And Performing Arts with a Mission Score of 75 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Usdan Center For The Creative And Performing Arts allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $510K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.7%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all filings, which is unusual for an organization of this size with annual revenues often exceeding $8 million. This either indicates a fully volunteer executive leadership or that executive compensation is reported in a different section of the full 990 form, requiring further investigation for a complete understanding.
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 Usdan Center For The Creative And Performing Arts's IRS 990 filings:
- Lack of detailed expense breakdown in summary data, making program efficiency assessment difficult.
- Consistent 0% officer compensation reported, which may obscure actual executive pay without reviewing full 990 forms.
Strengths
The following positive indicators were identified for Usdan Center For The Creative And Performing Arts:
- Strong asset base, consistently exceeding $7 million, providing financial stability.
- Revenue rebound post-2020, demonstrating resilience and program demand.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., 2023 liabilities $827,913 vs. assets $8,567,907).
Frequently Asked Questions about Usdan Center For The Creative And Performing Arts
Is Usdan Center For The Creative And Performing Arts a legitimate charity?
Usdan Center For The Creative And Performing Arts (EIN: 132792668) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Usdan Center For The Creative And Performing Arts spend its money?
Usdan Center For The Creative And Performing Arts directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Usdan Center For The Creative And Performing Arts tax-deductible?
Usdan Center For The Creative And Performing Arts is registered as a tax-exempt nonprofit (EIN: 132792668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Usdan Center For The Creative And Performing Arts CEO make?
Usdan Center For The Creative And Performing Arts's highest-compensated officer earns $8 annually. The organization reported $12.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Usdan Center For The Creative And Performing Arts's spending goes to programs?
Usdan Center For The Creative And Performing Arts directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Usdan Center For The Creative And Performing Arts compare to similar nonprofits?
With a transparency score of 75/100 (Good), Usdan Center For The Creative And Performing Arts is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Usdan Center For The Creative And Performing Arts located?
Usdan Center For The Creative And Performing Arts is headquartered in Wheatley Hts, New York and files with the IRS under EIN 132792668. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Usdan Center For The Creative And Performing Arts have?
Usdan Center For The Creative And Performing 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 $12.3M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be found in Part IX of the full IRS Form 990.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with annual revenues often exceeding $8 million. This could mean executive leadership is entirely volunteer, or that compensation is reported in a different section of the full 990, such as Schedule J, and not captured in this summary field.
What caused the significant drop in revenue and expenses in 2019 and 2020?
The significant drop in revenue and expenses in 2019 (Revenue=$69,968, Expenses=$840,525) and 2020 (Revenue=$2,871,035, Expenses=$3,230,952) likely reflects operational changes, a change in fiscal year reporting, or external events such as the COVID-19 pandemic impacting their programs. The 201909 filing shows a more typical revenue of $9,238,684, suggesting the 201912 filing might be a partial period or an anomaly.
How does the organization manage its occasional operating deficits?
The organization occasionally reports expenses exceeding revenue, such as in 2023 ($9,398,413 expenses vs. $8,888,646 revenue). These deficits appear to be covered by the organization's substantial asset base, which consistently exceeds $7 million, indicating financial stability to absorb short-term operational shortfalls.
Filing History
IRS 990 filing history for Usdan Center For The Creative And Performing Arts showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Usdan Center For The Creative And Performing Arts's revenue has grown by 16.8%, moving from $7.6M to $8.9M. Total assets decreased by 5.7% over the same period, from $9.1M to $8.6M. Total functional expenses rose by 37.1%, from $6.9M to $9.4M. In its most recent filing year (2023), Usdan Center For The Creative And Performing Arts reported a deficit of $510K, with expenses exceeding revenue. The organization holds $828K in liabilities against $8.6M in assets (debt-to-asset ratio: 9.7%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $9.4M | $8.6M | $828K | — | — |
| 2022 | $10.9M | $10.5M | $8.4M | $945K | — | View 990 |
| 2021 | $7.8M | $7.1M | $9.1M | $768K | — | View 990 |
| 2020 | $2.9M | $3.2M | $8.0M | $899K | — | View 990 |
| 2019 | $70K | $841K | $7.1M | $668K | — | View 990 |
| 2019 | $9.2M | $9.1M | $7.7M | $584K | — | View 990 |
| 2018 | $9.0M | $9.7M | $6.8M | $219K | — | View 990 |
| 2017 | $7.9M | $8.2M | $7.4M | $267K | — | View 990 |
| 2016 | $9.0M | $9.2M | $7.8M | $377K | — | View 990 |
| 2015 | $7.7M | $8.1M | $7.6M | $92K | — | View 990 |
| 2014 | $7.1M | $7.5M | $8.3M | $129K | — | View 990 |
| 2013 | $7.2M | $7.5M | $8.6M | $150K | — | View 990 |
| 2012 | $6.6M | $7.2M | $8.8M | $107K | — | View 990 |
| 2011 | $7.6M | $6.9M | $9.1M | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $9.4M, and assets of $8.6M (revenue -18.4% year-over-year).
- 2022: Revenue of $10.9M, expenses of $10.5M, and assets of $8.4M (revenue +38.9% year-over-year).
- 2021: Revenue of $7.8M, expenses of $7.1M, and assets of $9.1M (revenue +173.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.2M, and assets of $8.0M (revenue +4003.4% year-over-year).
- 2019: Revenue of $70K, expenses of $841K, and assets of $7.1M (revenue -99.2% year-over-year).
- 2019: Revenue of $9.2M, expenses of $9.1M, and assets of $7.7M (revenue +2.5% year-over-year).
- 2018: Revenue of $9.0M, expenses of $9.7M, and assets of $6.8M (revenue +13.5% year-over-year).
- 2017: Revenue of $7.9M, expenses of $8.2M, and assets of $7.4M (revenue -11.6% year-over-year).
- 2016: Revenue of $9.0M, expenses of $9.2M, and assets of $7.8M (revenue +16.0% year-over-year).
- 2015: Revenue of $7.7M, expenses of $8.1M, and assets of $7.6M (revenue +9.1% year-over-year).
- 2014: Revenue of $7.1M, expenses of $7.5M, and assets of $8.3M (revenue -1.1% year-over-year).
- 2013: Revenue of $7.2M, expenses of $7.5M, and assets of $8.6M (revenue +8.2% year-over-year).
- 2012: Revenue of $6.6M, expenses of $7.2M, and assets of $8.8M (revenue -12.9% year-over-year).
- 2011: Revenue of $7.6M, expenses of $6.9M, and assets of $9.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usdan Center For The Creative And Performing Arts:
Data Sources and Methodology
This transparency report for Usdan Center For The Creative And Performing 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.