Visual Art Library Inc
EIN: 454724538 · New London, CT · NTEE: B70
| Metric | Value |
|---|---|
| Total Revenue | $36K |
| Total Expenses | $94K |
| Net Assets | $230K |
Search Intent Cockpit
Visual Art Library Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Visual Art Library Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Visual Art Library Inc in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $216K and expenses of $94K.
Revenue and Expenses
Visual Art Library Inc reported $216K in revenue and $94K in expenses, a surplus of $122K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Visual Art Library Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Visual Art Library Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 2 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Teen Center Of Wilton Inc →All Connecticut nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
New London, CT nonprofitsEducation in Connecticut
Education in Connecticut
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in Connecticut
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Connecticut Hospitality Educational Association Inc
Wethersfield, CT · $116K revenue · Score 90/100
Compare side-by-sideLebanon Volunteer Fire Department
Lebanon, CT · $627K revenue · Score 95/100
Compare side-by-sideU A Local 716 Apprenticeship And Training Trust
Wallingford, CT · $330K revenue · Score 85/100
Compare side-by-sideWestern Connecticut Chapter National Railway Historical Societ
Norwalk, CT · $21K revenue · Score 92/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About Visual Art Library Inc
Visual Art Library Inc (EIN: 454724538) is a nonprofit organization based in New London, CT, classified under NTEE code B70. The organization reported total revenue of $36K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visual Art Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visual Art Library Inc is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 99.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $94K |
| Surplus / Deficit | +$122K |
| Total Assets | $230K |
| Total Liabilities | $666 |
| Net Assets | $230K |
| Operating Margin | 56.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 29.5 months |
Financial Health Grade: A
In 2022, Visual Art Library Inc reported a surplus of $122K with revenue exceeding expenses, holds 29.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Visual Art Library Inc's revenue has grown at a compound annual growth rate (CAGR) of 99.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +99.9% | +19.2% | +655.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Visual Art Library Inc 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 Visual Art Library Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Visual Art Library Inc
Is Visual Art Library Inc a legitimate charity?
Visual Art Library Inc (EIN: 454724538) is a registered tax-exempt nonprofit based in Connecticut. It has 2 years of IRS 990 filings on record. Total revenue: $36K. No red flags identified. Financial health grade: A.
How does Visual Art Library Inc spend its money?
Visual Art Library Inc reported $36K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Visual Art Library Inc tax-deductible?
Visual Art Library Inc is registered as a tax-exempt nonprofit (EIN: 454724538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Visual Art Library Inc located?
Visual Art Library Inc is headquartered in New London, Connecticut and files with the IRS under EIN 454724538. It is classified under NTEE code B70.
How many years of IRS 990 filings does Visual Art Library Inc have?
Visual Art Library Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $36K in total revenue.
Filing History
IRS 990 filing history for Visual Art Library Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Visual Art Library Inc's revenue has grown by 99.9%, moving from $108K to $216K. Total assets increased by 655% over the same period, from $31K to $230K. Total functional expenses rose by 19.2%, from $79K to $94K. In its most recent filing year (2022), Visual Art Library Inc reported a surplus of $122K, with revenue exceeding expenses. The organization holds $666 in liabilities against $230K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $230K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $216K | $94K | $230K | $666 | — | View 990 |
| 2021 | $108K | $79K | $31K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visual Art Library Inc:
Data Sources and Methodology
This transparency report for Visual Art Library 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.