American Theater Arts for Youth Inc

Nonprofit profile at a glance

EIN
231855284
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Philadelphia, PA, USA
Phone
2155633501
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$1,521,038
Expenses
$1,394,485
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • MICHELE SOKOLOFF (VICE PRESIDENT)
  • DONALD KERSEY (VICE PRESIDENT)
  • LAURIE WAGMAN (PRESIDENT/EXECUTIVE DIRECT)

Highest reported compensation

  • TANYA VLADIMIRSKY (SECRETARY): $39,749 total reported compensation
  • LAURIE WAGMAN (PRESIDENT/EXECUTIVE DIRECT): $16,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization strives to bring live theater proformances to as many school aged children as possible throughout the united states.

What it reported doing in 2013

American theater arts for youth, inc. Uses the theater arts as a vital education medium: a superb teaching tool that motivates reading skills and integrates the theater arts into all content areas. Six to eight tours are produced each year for performances in over one hundred seventy five cities in the united states reaching over 250,000 students. Programming activities include teacher study guides, workshops and artist residencies, family programs, arts in education partnerships with school districts, seminars for teachers and new production development.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 92
  • Accountability: 34
  • Sustainability: 38
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.2%; rating input score 61
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 42.9%; rating input score 43; 9th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.3%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -9.9% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -33.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 61.2% of revenue deployed · 66.7% of spending went to programs
  • Governance: 3 of 7 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $931K in reported program spending
  • Leadership: top reported pay $40K · 7 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 43/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.