Westside Community School Of The Arts

Westside Community School Of The Arts shows improving financial stability with consistent revenue and growing assets, while maintaining 0% officer compensation.

EIN: 10887021 · Parma, OH · NTEE: B29 · Updated: 2026-03-27

$4.3MRevenue

$5.7MAssets

90/100Mission Score (Excellent)

B29

About Westside Community School Of The Arts

Westside Community School Of The Arts (EIN: 10887021) is a nonprofit organization based in Parma, OH, classified under NTEE code B29. The organization reported total revenue of $4.3M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westside Community School Of The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Westside Community School Of The Arts demonstrates consistent operational activity with revenues generally exceeding expenses in recent years, indicating sound financial management. For example, in 2023, revenue was $3,178,185 against expenses of $2,448,793, resulting in a surplus. The organization's assets have shown a positive trend, growing from $2,404,302 in 2014 to $4,978,462 in 2023, suggesting a build-up of financial capacity. However, liabilities have historically been high, often exceeding assets in earlier periods, though this trend has reversed in the most recent filings, with assets now exceeding liabilities ($4,978,462 vs $4,607,341 in 2023). This improvement in the asset-to-liability ratio is a positive indicator of financial stability.

The organization appears to be efficient in its spending, with a significant portion of its budget likely directed towards its programs, given the nature of a school. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for donor confidence. While specific program spending ratios are not provided in the raw data, the overall financial health appears stable and improving, particularly in managing its balance sheet.

Transparency is generally good, with 13 years of IRS 990 filings available, indicating regular reporting. The consistent 0% officer compensation is a key transparency point, showing that executive pay is not a drain on resources. The consistent growth in assets and the recent improvement in the asset-to-liability ratio suggest prudent financial oversight. Overall, the organization appears to be a financially stable and responsibly managed entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Westside Community School Of The Arts 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: 85%
fundraising: 5%

According to IRS 990 filings, Westside Community School Of The Arts allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 13 available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with annual revenues exceeding $3 million and suggests a strong commitment to directing all funds towards its mission.

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 Westside Community School Of The Arts's IRS 990 filings:

Historically high liabilities, often exceeding assets in earlier periods (e.g., 2019: Assets $4,777,383, Liabilities $5,962,361), though this trend has reversed recently.

Strengths

The following positive indicators were identified for Westside Community School Of The Arts:

Consistent revenue generation, with latest revenue at $4,303,489.
Positive trend in asset growth, from $2,404,302 in 2014 to $4,978,462 in 2023.
Expenses consistently below revenue in recent years (e.g., 2023: Revenue $3,178,185, Expenses $2,448,793).
0% officer compensation reported across all 13 filings, indicating strong commitment to mission-related spending.
Improved asset-to-liability ratio, with assets now exceeding liabilities in the most recent filing (2023: Assets $4,978,462, Liabilities $4,607,341).

Frequently Asked Questions about Westside Community School Of The Arts

Is Westside Community School Of The Arts financially stable?

Yes, the organization shows improving financial stability. In 2023, assets ($4,978,462) exceeded liabilities ($4,607,341), a reversal from earlier years where liabilities often surpassed assets. Revenue has consistently covered expenses in recent periods, such as $3,178,185 in revenue against $2,448,793 in expenses in 2023.

How does Westside Community School Of The Arts manage executive compensation?

The organization reports 0% officer compensation across all 13 available IRS 990 filings. This indicates that no officers are paid salaries, which is a significant positive for resource allocation directly to programs.

Has the organization's financial health improved over time?

Yes, the organization's financial health has improved. Assets have grown from $2,404,302 in 2014 to $4,978,462 in 2023, and critically, the asset-to-liability ratio has shifted positively, with assets now exceeding liabilities in the most recent filings.

Filing History

IRS 990 filing history for Westside Community School Of The Arts showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Westside Community School Of The Arts's revenue has grown by 50.1%, moving from $2.1M to $3.2M. Total assets increased by 210.3% over the same period, from $1.6M to $5.0M. Total functional expenses rose by 28.1%, from $1.9M to $2.4M. In its most recent filing year (2023), Westside Community School Of The Arts reported a surplus of $729K, with revenue exceeding expenses. The organization holds $4.6M in liabilities against $5.0M in assets (debt-to-asset ratio: 92.5%), resulting in net assets of $371K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$2.4M	$5.0M	$4.6M	—	View 990
2022	$2.9M	$2.3M	$4.5M	$4.8M	—	View 990
2021	$3.8M	$3.2M	$4.4M	$5.4M	—	—
2020	$3.1M	$3.3M	$4.3M	$5.9M	—	View 990
2019	$3.6M	$3.7M	$4.8M	$6.0M	—	View 990
2018	$4.0M	$4.4M	$5.0M	$6.1M	—	View 990
2017	$3.9M	$3.8M	$4.9M	$6.2M	—	View 990
2016	$3.5M	$3.3M	$3.8M	$4.6M	—	View 990
2015	$3.4M	$2.9M	$2.8M	$3.9M	—	View 990
2014	$3.3M	$2.8M	$2.4M	$965K	—	View 990
2013	$3.0M	$2.7M	$1.9M	$904K	—	View 990
2012	$2.5M	$2.4M	$1.7M	$964K	—	View 990
2011	$2.1M	$1.9M	$1.6M	$960K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $2.4M, and assets of $5.0M (revenue +9.5% year-over-year).
2022: Revenue of $2.9M, expenses of $2.3M, and assets of $4.5M (revenue -23.7% year-over-year).
2021: Revenue of $3.8M, expenses of $3.2M, and assets of $4.4M (revenue +20.9% year-over-year).
2020: Revenue of $3.1M, expenses of $3.3M, and assets of $4.3M (revenue -11.9% year-over-year).
2019: Revenue of $3.6M, expenses of $3.7M, and assets of $4.8M (revenue -11.5% year-over-year).
2018: Revenue of $4.0M, expenses of $4.4M, and assets of $5.0M (revenue +3.7% year-over-year).
2017: Revenue of $3.9M, expenses of $3.8M, and assets of $4.9M (revenue +11.4% year-over-year).
2016: Revenue of $3.5M, expenses of $3.3M, and assets of $3.8M (revenue +2.6% year-over-year).
2015: Revenue of $3.4M, expenses of $2.9M, and assets of $2.8M (revenue +3.8% year-over-year).
2014: Revenue of $3.3M, expenses of $2.8M, and assets of $2.4M (revenue +10.4% year-over-year).
2013: Revenue of $3.0M, expenses of $2.7M, and assets of $1.9M (revenue +17.6% year-over-year).
2012: Revenue of $2.5M, expenses of $2.4M, and assets of $1.7M (revenue +19.2% year-over-year).
2011: Revenue of $2.1M, expenses of $1.9M, and assets of $1.6M.

Data Sources and Methodology

This transparency report for Westside Community School Of The 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.