Art Mundo Inc

Nonprofit profile at a glance

EIN
943440291
IRS 990-EZ coverage
2012–2016
Forms available
Form 990-EZ 2016, Form 990-N 2011
Location
Fort Pierce, FL, USA
Phone
7723430336
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$63,420
Expenses
$64,590
Assets
$1,864
Liabilities
$904

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • REBECCA MILLER (PRESIDENT)
  • HOLLY THEUNS (EXECUTIVE DIRECTOR)

People named in this filing

  • LINDA SAMPSON (TREASURER)
  • REBECCA MILLER (PRESIDENT)
  • HOLLY THEUNS (EXECUTIVE DIRECTOR)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Visual arts education of the public

What it reported doing in 2016

Art mundo offers monthly free art exhibits to the public. We have one large gallery and two smaller exhibit spaces. We host the annual high school student art show an discover new artists in our emerging artist program.

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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76%; rating input score 76
  • Program expense ratio: 74.6%; rating input score 75

Transparency & Controls

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

Sustainability

  • Operating margin: -1.8%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 39.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: -34.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 76% of revenue deployed · 74.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $48K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2012 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.