Artists Attic Inc

Nonprofit profile at a glance

EIN: 611157036
IRS 990-EZ coverage: 2010–2025
Forms available: Form 990-EZ 2025
Location: Lexington, KY, USA
Rating: 73
Verdict: SUPPORTED
Rating confidence: Moderate

Reported finances

Revenue: $69,790
Expenses: $67,988
Assets: $18,382
Liabilities: $5,564

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

Leadership & pay

4 people listed

Executive titles in this filing

Susan Smith-Sargent (President)
Lora Lee Dawson (Vice President)

People named in this filing

Susan Smith-Sargent (President)
Debbie Winbun (Treasurer)
Lora Lee Dawson (Vice 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Established in 1989 the Artists Attic Inc. is a non-profit organization supported by its 40+ member artists. Our gallery exhibits and sells the work of emerging and established artists and promotes visual arts education through demonstrations classes and workshops.

What it reported doing in 2025

The Artists Attic rents artists studios serving the public with painting workshops and a gallery hop every 2 months.

Operating model

Revenue model: Other-operating. 86% of the money available for current operations came from other operating revenue.
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 available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 70
Transparency & Controls: 82
Sustainability: 37
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 72.9%; rating input score 73
Program expense ratio: 65.4%; rating input score 65

Transparency & Controls

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

Sustainability

Operating margin: 2.6%; rating input score 49; 49th percentile among comparable filings
Total-asset coverage ratio: 0.27; rating input score 22; 22nd percentile among comparable filings
Liabilities to assets ratio: 0.3; rating input score 10; 10th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -2% per year; rating input score 0; 42nd percentile among comparable filings
Revenue growth: 0.1% per year; rating input score 100; 50th percentile among comparable filings
Asset growth: 8.2% per year; rating input score 100; 66th percentile among comparable filings

Details

Where the money goes: 72.9% of revenue deployed · 65.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $44K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 8 of 8 current checks pass
Schedules: 2 filed schedules
Filing history: 7 filing years from 2010 to 2025
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 — Growth: Program expense growth scored 0/100.
Moderate — Sustainability: Operating margin scored 49/100.
High — Sustainability: Total-asset coverage ratio scored 22/100.
High — Sustainability: Liabilities to assets ratio scored 10/100.
Review — Sustainability: Officer compensation ratio scored 56/100.