Artistic Resources in Action Foundation
Nonprofit profile at a glance
- EIN
- 954788175
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3107222742
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $478,329
- Expenses
- $371,675
- Assets
- $1,473,456
- Liabilities
- $1,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KATHERINE KANE CODY (PRESIDENT/BOARD CHAIR)
People named in this filing
- KATHERINE KANE CODY (PRESIDENT/BOARD CHAIR)
- RENATA KANCLERZ (TREASURER/DIRECTOR)
- NADINE BLOCH (SECRETARY/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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's purpose is to serve as a charitable org.to which individuals and businesses associated with the music entertainment industry will be encouraged to provide contributions and other support for use in promoting charitable purposes which includes advancement of environmental protection, clean energy, arts, education, social justice and assistance due to natural disaster advancing its purposes through grantmaking to other 501(c)(3) organizations that work in these fields and through the operation of specific programs like erecting info booths and areas at concerts to educate and enlighten concert attendees, and to distribute information through the band approved websites.the organization provides aid and other support to needy, underpriviledged individuals who once had careers in the music industry and have fallen on hard times or who have proven a long term commitment to promote social welfare but are now in financial need and distress or are in emergency medical need.
What it reported doing in 2024
Provide aid and other support to needy and underpriviledged individuals who once had careers in the music industry but are now in financial need and distress, as well as individuals who have proven a long term commitment to promote social welfare and have fallen on hard times or are in need of emergency medical care.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 69
- Accountability: 88
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.5%; rating input score 88
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 19.8%; rating input score 20; 38th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 22.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 3.96; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 23.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 87.5% of revenue deployed · 96.1% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $357K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 9 filed related-organization links
- 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 — Transparency & Controls: Grant itemization coverage scored 20/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.