An Occasion for the Arts Inc

Nonprofit profile at a glance

EIN
237090230
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Williamsburg, VA, USA
Phone
7572582429
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$113,928
Expenses
$117,514
Assets
$137,240
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • RACHEL WILLIAMS (VICE PRESIDENT)
  • NANCY WIGLEY (PAST PRESIDENT)
  • AMY AHEARN (PRESIDENT)
  • ROBIN MARKOWITZ (EXECUTIVE DIRECTOR)

People named in this filing

  • RACHEL WILLIAMS (VICE PRESIDENT)
  • NANCY WIGLEY (PAST PRESIDENT)
  • AMY AHEARN (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promotion of community arts

What it reported doing in 2024

A two day multi media art festival open to the public at no charge. 180 performing, demonstrating and exhibiting artits. Over 30,000 people attend

Operating model

Revenue model
Other-operating. 74% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.1%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -39.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.