Vision Into Arts Presents Inc
Vision Into Arts Presents Inc shows inconsistent financial performance with frequent operational deficits and fluctuating assets.
EIN: 134158573 · New York, NY · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $611K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.9 |
| Net Assets | $-4,064 |
| Transparency Score | 60/100 |
Is Vision Into Arts Presents Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vision Into Arts Presents Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vision Into Arts Presents Inc
Vision Into Arts Presents Inc (EIN: 134158573) is a nonprofit organization based in New York, NY, classified under NTEE code A20. The organization reported total revenue of $1.9M and total assets of $556K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vision Into Arts Presents Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vision Into Arts Presents Inc is a mid-size nonprofit that has been operating for 5 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $607K |
| Total Expenses | $611K |
| Surplus / Deficit | $-4,285 |
| Total Assets | $35K |
| Total Liabilities | $39K |
| Net Assets | $-4,064 |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 111.6% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Vision Into Arts Presents Inc reported a deficit of $4K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 111.6% (high leverage).
Financial Trends
Over 8 years of filings (2012–2023), Vision Into Arts Presents Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.9% | -11.2% | -76.2% |
| 2022 | +331.2% | +740.3% | +73.7% |
| 2021 | -78.3% | -89.2% | +261.4% |
| 2016 | +84.8% | +80.0% | -60.6% |
| 2015 | -5.4% | +46.4% | -56.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Vision Into Arts Presents Inc with a Mission Score of 60 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: 80%
- fundraising: 5%
According to IRS 990 filings, Vision Into Arts Presents Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is unusual for an organization with over $1.9 million in latest reported revenue and could suggest reliance on volunteer leadership or a very lean operational model.
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 Vision Into Arts Presents Inc's IRS 990 filings:
- Frequent operational deficits where expenses exceed revenue (e.g., 202312, 202212, 201605, 201505).
- Significant fluctuations in assets and liabilities, with liabilities exceeding assets in the most recent filing ($39,139 liabilities vs. $35,075 assets in 202312).
- Inconsistent revenue generation across filing periods, indicating potential instability in funding sources.
- Lack of reported officer compensation across all filings, which can be a red flag for sustainability or potential undisclosed benefits if not genuinely volunteer-led.
Strengths
The following positive indicators were identified for Vision Into Arts Presents Inc:
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
- Absence of reported officer compensation suggests a lean administrative overhead or strong volunteer support.
- History of generating substantial revenue in certain periods, indicating capacity for fundraising and program delivery.
Frequently Asked Questions about Vision Into Arts Presents Inc
Is Vision Into Arts Presents Inc a legitimate charity?
Vision Into Arts Presents Inc (EIN: 134158573) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 8 years of IRS 990 filings on record. Total revenue: $1.9M. 4 red flags identified. 3 strengths noted. Financial health grade: D.
How does Vision Into Arts Presents Inc spend its money?
Vision Into Arts Presents Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vision Into Arts Presents Inc tax-deductible?
Vision Into Arts Presents Inc is registered as a tax-exempt nonprofit (EIN: 134158573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vision Into Arts Presents Inc CEO make?
Vision Into Arts Presents Inc's highest-compensated officer earns $1.9 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vision Into Arts Presents Inc's spending goes to programs?
Vision Into Arts Presents Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vision Into Arts Presents Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Vision Into Arts Presents Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vision Into Arts Presents Inc located?
Vision Into Arts Presents Inc is headquartered in New York, New York and files with the IRS under EIN 134158573. It is classified under NTEE code A20.
How many years of IRS 990 filings does Vision Into Arts Presents Inc have?
Vision Into Arts Presents Inc has 8 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 $1.9M in total revenue.
Is Vision Into Arts Presents Inc financially stable?
The organization's financial stability is questionable given that expenses frequently exceed revenue (e.g., $611,322 expenses vs. $607,037 revenue in 202312; $688,226 expenses vs. $624,977 revenue in 202212), and assets have fluctuated significantly, dropping from $147,280 in 202212 to $35,075 in 202312.
How does Vision Into Arts Presents Inc manage its liabilities?
Liabilities have varied, reaching a high of $164,072 in 202212, which exceeded assets of $147,280 in that period. While liabilities decreased to $39,139 in 202312, they still exceeded assets of $35,075, indicating a negative net asset position in the most recent filing.
What is the trend in the organization's revenue?
Revenue has been highly inconsistent, with a peak of $666,553 in 201605 and $624,977 in 202212, but also periods of lower revenue like $144,948 in 202112. The latest reported revenue of $1,925,612 is significantly higher than any individual filing period's revenue, suggesting it might be a cumulative or aggregated figure not directly comparable to individual annual filings.
Filing History
IRS 990 filing history for Vision Into Arts Presents Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), Vision Into Arts Presents Inc's revenue has grown by 314%, moving from $147K to $607K. Total assets increased by 390.4% over the same period, from $7K to $35K. Total functional expenses rose by 338.3%, from $139K to $611K. In its most recent filing year (2023), Vision Into Arts Presents Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $39K in liabilities against $35K in assets (debt-to-asset ratio: 111.6%), resulting in net assets of $-4,064.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $607K | $611K | $35K | $39K | — | — |
| 2022 | $625K | $688K | $147K | $164K | — | View 990 |
| 2021 | $145K | $82K | $85K | $22K | — | View 990 |
| 2016 | $667K | $758K | $23K | $57K | — | — |
| 2015 | $361K | $421K | $60K | $2K | — | View 990 |
| 2014 | $381K | $288K | $137K | $19K | — | View 990 |
| 2013 | $192K | $169K | $22K | $0 | — | View 990 |
| 2012 | $147K | $139K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $607K, expenses of $611K, and assets of $35K (revenue -2.9% year-over-year).
- 2022: Revenue of $625K, expenses of $688K, and assets of $147K (revenue +331.2% year-over-year).
- 2021: Revenue of $145K, expenses of $82K, and assets of $85K (revenue -78.3% year-over-year).
- 2016: Revenue of $667K, expenses of $758K, and assets of $23K (revenue +84.8% year-over-year).
- 2015: Revenue of $361K, expenses of $421K, and assets of $60K (revenue -5.4% year-over-year).
- 2014: Revenue of $381K, expenses of $288K, and assets of $137K (revenue +98.8% year-over-year).
- 2013: Revenue of $192K, expenses of $169K, and assets of $22K (revenue +30.8% year-over-year).
- 2012: Revenue of $147K, expenses of $139K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vision Into Arts Presents Inc:
Data Sources and Methodology
This transparency report for Vision Into Arts Presents 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.