Weir Farm Art Alliance Inc
Weir Farm Art Alliance: Strong Asset Base, Low Revenue, and High Administrative Costs
EIN: 223035427 · Wilton, CT · Updated: 2026-04-04
Is Weir Farm Art Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Weir Farm Art Alliance Inc
Weir Farm Art Alliance Inc (EIN: 223035427) is a nonprofit organization based in Wilton, CT. The organization reported total revenue of $52K and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weir Farm Art Alliance 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 Weir Farm Art Alliance Inc with a Mission Score of 70 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Weir Farm Art Alliance Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported in the available 990-EZ filings, suggesting it is below the reporting threshold or non-existent.
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 Weir Farm Art Alliance Inc's IRS 990 filings:
- Consistent 0% program spending across all available filings (2016-2023), raising questions about direct mission impact.
- Total expenses ($39,057 in 2023) are primarily administrative, with no clear program service expenditures.
- Revenue has been consistently low, ranging from $32,265 to $67,000 over the past several years, despite a significant asset base.
Strengths
The following positive indicators were identified for Weir Farm Art Alliance Inc:
- Maintains a substantial asset base of over $5.8 million, indicating financial stability.
- No reported lobbying or political activities, suggesting a focus on its stated mission.
- Low liabilities reported, indicating good financial health.
Frequently Asked Questions about Weir Farm Art Alliance Inc
Is Weir Farm Art Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Weir Farm Art Alliance Inc (EIN: 223035427) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Weir Farm Art Alliance Inc spend its money?
Detailed spending breakdown data is not yet available for Weir Farm Art Alliance Inc. Check back for updated IRS 990 analysis.
Are donations to Weir Farm Art Alliance Inc tax-deductible?
Weir Farm Art Alliance Inc is registered as a tax-exempt nonprofit (EIN: 223035427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Weir Farm Art Alliance Inc do?
Weir Farm Art Alliance Inc is a nonprofit organization in the Unknown sector, located in Wilton, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Weir Farm Art Alliance Inc have?
Weir Farm Art Alliance Inc reported total revenue of $52,362. Based on 13 IRS 990 filings on record.
What are Weir Farm Art Alliance Inc's total assets?
Weir Farm Art Alliance Inc holds total assets of $5,913,337 as reported in IRS 990 filings.
Where is Weir Farm Art Alliance Inc located?
Weir Farm Art Alliance Inc is based in Wilton, Connecticut.
What is Weir Farm Art Alliance Inc's EIN?
Weir Farm Art Alliance Inc's Employer Identification Number (EIN) is 223035427. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Weir Farm Art Alliance Inc?
Weir Farm Art Alliance Inc is classified under NTEE code Unknown (Unknown).
Is Weir Farm Art Alliance Inc a registered 501(c)(3)?
Weir Farm Art Alliance Inc appears in IRS records (EIN: 223035427). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Weir Farm Art Alliance Inc file IRS Form 990?
Yes, Weir Farm Art Alliance Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Weir Farm Art Alliance Inc's revenue in 2023?
In the 202306 filing period, Weir Farm Art Alliance Inc reported total revenue of $33,761, total expenses of $39,057, and net assets of $5,878,613.
Is Weir Farm Art Alliance Inc's revenue growing or declining?
Weir Farm Art Alliance Inc's revenue is declining. Revenue went from $67,000 (202206) to $33,761 (202306), a -49.6% change. Based on 13 filings on record.
What is Weir Farm Art Alliance Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Weir Farm Art Alliance Inc covers tax period 202306. It shows revenue of $33,761, expenses of $39,057, total assets of $5,878,613, and liabilities of $937.
Is Weir Farm Art Alliance Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Weir Farm Art Alliance Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Weir Farm Art Alliance Inc?
The following concerns were identified: Consistent 0% program spending across all available filings (2016-2023), raising questions about direct mission impact.. Total expenses ($39,057 in 2023) are primarily administrative, with no clear program service expenditures.. Revenue has been consistently low, ranging from $32,265 to $67,000 over the past several years, despite a significant asset base.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Weir Farm Art Alliance Inc's strengths?
Positive indicators for Weir Farm Art Alliance Inc include: Maintains a substantial asset base of over $5.8 million, indicating financial stability.. No reported lobbying or political activities, suggesting a focus on its stated mission.. Low liabilities reported, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Weir Farm Art Alliance Inc compensate executives?
Executive compensation is not reported in the available 990-EZ filings, suggesting it is below the reporting threshold or non-existent. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset base of over $5.8 million and consistent revenue, why are there no reported program service expenses, and how does the organization achieve its mission without direct program spending?
The 990-EZ filings consistently show $0 in program service expenses. This suggests that the organization's mission might be supported through indirect means, such as asset management or grant-making to other entities, rather than direct program delivery, or that its activities are classified entirely as administrative under 990-EZ guidelines.
With total expenses of $39,057 in 2023 and no program spending, what specific activities constitute the administrative expenses, and how do these contribute to the organization's purpose?
Without further detail beyond the 990-EZ, it's difficult to pinpoint the exact nature of the administrative expenses. They could include legal fees, accounting, office overhead, or other operational costs necessary to maintain the organization's legal and financial standing, even without direct program delivery.
Filing History
IRS 990 filing history for Weir Farm Art Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Weir Farm Art Alliance Inc's revenue has declined by 44.4%, moving from $61K to $34K. Total assets increased by 0.9% over the same period, from $5.8M to $5.9M. Total functional expenses rose by 41%, from $28K to $39K. In its most recent filing year (2023), Weir Farm Art Alliance Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $937 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $39K | $5.9M | $937 | — | — |
| 2022 | $67K | $28K | $5.9M | $317 | — | View 990 |
| 2021 | $58K | $55K | $5.8M | $513 | — | — |
| 2020 | $46K | $51K | $5.8M | $0 | — | View 990 |
| 2019 | $32K | $29K | $5.8M | $0 | — | View 990 |
| 2018 | $40K | $41K | $5.8M | $0 | — | View 990 |
| 2017 | $41K | $27K | $5.8M | $0 | — | View 990 |
| 2016 | $65K | $65K | $5.8M | $5K | — | View 990 |
| 2015 | $77K | $67K | $5.8M | $5K | — | View 990 |
| 2014 | $39K | $31K | $5.8M | $5K | — | View 990 |
| 2013 | $37K | $28K | $5.8M | $5K | — | View 990 |
| 2012 | $66K | $45K | $5.8M | $20K | — | View 990 |
| 2011 | $61K | $28K | $5.8M | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $39K, and assets of $5.9M (revenue -49.6% year-over-year).
- 2022: Revenue of $67K, expenses of $28K, and assets of $5.9M (revenue +14.8% year-over-year).
- 2021: Revenue of $58K, expenses of $55K, and assets of $5.8M (revenue +26.9% year-over-year).
- 2020: Revenue of $46K, expenses of $51K, and assets of $5.8M (revenue +42.6% year-over-year).
- 2019: Revenue of $32K, expenses of $29K, and assets of $5.8M (revenue -19.5% year-over-year).
- 2018: Revenue of $40K, expenses of $41K, and assets of $5.8M (revenue -2.3% year-over-year).
- 2017: Revenue of $41K, expenses of $27K, and assets of $5.8M (revenue -36.7% year-over-year).
- 2016: Revenue of $65K, expenses of $65K, and assets of $5.8M (revenue -16.4% year-over-year).
- 2015: Revenue of $77K, expenses of $67K, and assets of $5.8M (revenue +97.7% year-over-year).
- 2014: Revenue of $39K, expenses of $31K, and assets of $5.8M (revenue +6.0% year-over-year).
- 2013: Revenue of $37K, expenses of $28K, and assets of $5.8M (revenue -44.2% year-over-year).
- 2012: Revenue of $66K, expenses of $45K, and assets of $5.8M (revenue +8.9% year-over-year).
- 2011: Revenue of $61K, expenses of $28K, and assets of $5.8M.
Data Sources and Methodology
This transparency report for Weir Farm Art Alliance 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.