Art Fm Inc

Nonprofit profile at a glance

EIN
454225349
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2017
Location
Louisville, KY, USA
Phone
5026406414
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$95,771
Expenses
$67,938
Assets
$188,110
Liabilities
$15,946

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Sharon Michelle Scott (President / Co-Founder / Board Member)

People named in this filing

  • Sharon Michelle Scott (President / Co-Founder / Board Member)
  • Sean Michael Selby (Cheif Operator / Co-Founder)
  • Erica Michelle Bricking (Board Member)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cultivating educational opportunities and live media experiences, ART FM employs sound, music, and conversation to amplify the local arts community and broadcast the international arts dialogue. The organization managers WXOX-LP a noncommercial, volunteer run FM radio station. We train 100s of community members of all ages and all backgrounds to become FM broadcasters. Working in conjunction with FEMA and local authorities we provide emergency broadcasting services 24/7/365.

What it reported doing in 2025

ART FM broadcasts music and information on WXOX 97.1 FM and worldwide on www.artxfm.com. Through this broadcast we educate and entertain our audience 24 hours a day, 365 days a year. We work with FEMA and local agencies to become a first responder in our community. We operate the emergency broadcast alerts when necessary and provide our listeners with local safety information. We also offer a DJ training program that is free for anyone who wants to participate. We have trained hundreds of members of our community, of all ages and all walks of life, in FCC rules and on-air ettiquite. Through this program a number individuals have gone on to careers in commercial broadcasting outlets including I Heart Media, NPR, and ABC affiliates.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.1%; rating input score 59
  • Program expense ratio: 82.8%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.1%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 33.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 23.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 59.1% of revenue deployed · 82.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.