Wolfeboro Area Creative Arts Center
Wolfeboro Area Creative Arts Center maintains stable, volunteer-led operations with modest assets and no liabilities.
EIN: 200403439 · Wolfeboro, NH · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $38K |
| Program Spending | 80% |
| Net Assets | $9K |
| Transparency Score | 85/100 |
Is Wolfeboro Area Creative Arts Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Area Creative Arts Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolfeboro Area Creative Arts Center
Wolfeboro Area Creative Arts Center (EIN: 200403439) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code A60. The organization reported total revenue of $45K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Area Creative Arts Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Area Creative Arts Center is a micro nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $38K |
| Surplus / Deficit | +$8K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 16.8% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2019, Wolfeboro Area Creative Arts Center reported a surplus of $8K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2011–2019), Wolfeboro Area Creative Arts Center's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +46.4% | +18.1% | +439.9% |
| 2018 | -25.6% | -22.9% | -36.7% |
| 2017 | +22.0% | +9.9% | +7.2% |
| 2016 | -19.8% | -7.5% | -60.8% |
| 2015 | +11.1% | +20.4% | +35.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Wolfeboro Area Creative Arts Center with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Wolfeboro Area Creative Arts Center 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of this size.
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 Wolfeboro Area Creative Arts Center's IRS 990 filings:
- Limited financial detail available for expense breakdown, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Wolfeboro Area Creative Arts Center:
- Zero officer compensation across all reported periods, indicating a volunteer-driven model.
- No reported liabilities, demonstrating strong financial health and responsible management.
- Consistent operation and revenue generation over a decade, showing sustainability.
- Positive trend in assets, growing from $438 in 201312 to $9,330 in 201912.
Frequently Asked Questions about Wolfeboro Area Creative Arts Center
Is Wolfeboro Area Creative Arts Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Area Creative Arts Center (EIN: 200403439) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wolfeboro Area Creative Arts Center spend its money?
Wolfeboro Area Creative Arts Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Area Creative Arts Center tax-deductible?
Wolfeboro Area Creative Arts Center is registered as a tax-exempt nonprofit (EIN: 200403439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wolfeboro Area Creative Arts Center's spending goes to programs?
Wolfeboro Area Creative Arts Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wolfeboro Area Creative Arts Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wolfeboro Area Creative Arts Center is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Area Creative Arts Center located?
Wolfeboro Area Creative Arts Center is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 200403439. It is classified under NTEE code A60.
How many years of IRS 990 filings does Wolfeboro Area Creative Arts Center have?
Wolfeboro Area Creative Arts Center has 9 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 $45K in total revenue.
Is Wolfeboro Area Creative Arts Center a good charity?
Based on the available data, the Wolfeboro Area Creative Arts Center appears to be a well-managed small charity. It operates without executive compensation, maintains a debt-free status, and has shown consistent activity over many years. Its financial stability, with assets growing to $9,330 and no liabilities in 201912, suggests responsible stewardship of funds.
How does the organization manage its expenses?
The organization consistently spends nearly all its revenue, with expenses closely tracking revenue. For example, in 201912, revenue was $45,360 and expenses were $37,758. In 201812, expenses ($31,976) slightly exceeded revenue ($30,976). This indicates a lean operation, typical for smaller nonprofits.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, increasing from $438 in 201312 to $9,330 in 201912. This indicates a gradual accumulation of resources and financial stability over time.
Filing History
IRS 990 filing history for Wolfeboro Area Creative Arts Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Wolfeboro Area Creative Arts Center's revenue has grown by 39.2%, moving from $33K to $45K. Total assets increased by 127.7% over the same period, from $4K to $9K. Total functional expenses rose by 17%, from $32K to $38K. In its most recent filing year (2019), Wolfeboro Area Creative Arts Center reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $45K | $38K | $9K | $0 | — | View 990 |
| 2018 | $31K | $32K | $2K | $0 | — | View 990 |
| 2017 | $42K | $41K | $3K | $0 | — | View 990 |
| 2016 | $34K | $38K | $3K | $0 | — | View 990 |
| 2015 | $43K | $41K | $6K | $0 | — | View 990 |
| 2014 | $38K | $34K | $5K | $0 | — | View 990 |
| 2013 | $25K | $29K | $438 | $0 | — | View 990 |
| 2012 | $33K | $33K | $4K | $0 | — | View 990 |
| 2011 | $33K | $32K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $45K, expenses of $38K, and assets of $9K (revenue +46.4% year-over-year).
- 2018: Revenue of $31K, expenses of $32K, and assets of $2K (revenue -25.6% year-over-year).
- 2017: Revenue of $42K, expenses of $41K, and assets of $3K (revenue +22.0% year-over-year).
- 2016: Revenue of $34K, expenses of $38K, and assets of $3K (revenue -19.8% year-over-year).
- 2015: Revenue of $43K, expenses of $41K, and assets of $6K (revenue +11.1% year-over-year).
- 2014: Revenue of $38K, expenses of $34K, and assets of $5K (revenue +53.1% year-over-year).
- 2013: Revenue of $25K, expenses of $29K, and assets of $438 (revenue -24.8% year-over-year).
- 2012: Revenue of $33K, expenses of $33K, and assets of $4K (revenue +2.0% year-over-year).
- 2011: Revenue of $33K, expenses of $32K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Area Creative Arts Center:
Data Sources and Methodology
This transparency report for Wolfeboro Area Creative Arts Center 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.