Artistyear

Nonprofit profile at a glance

EIN
811281053
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Philadelphia, PA, USA
Phone
6106393316
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$3,222,701
Expenses
$2,970,975
Assets
$1,087,511
Liabilities
$3,473

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

Leadership & pay

8 people listed

Executive titles in this filing

  • BETSALEEL CHARMELUS (CEO)

Highest reported compensation

  • BETSALEEL CHARMELUS (CEO): $130,338 total reported compensation
  • STEPHANIE MAYEN (CHIEF PARTNERSHIP OFFICER & DIRECTOR OF COMMUNIC): $129,567 total reported compensation
  • JULIA DURKIN (CHIEF FINANCIAL OFFICER & DIRECTOR OF HUMAN RESOU): $126,938 total reported compensation

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

Overview

Mission

Artistyear, a national service americorps program, is a proven highdosage, evidencebased, inschool intervention designed to expand arts opportunities for students and communities via a resident teaching artist corps.

What it reported doing in 2024

Artistyear's 2024-2025 school year was successful and impactful with 70 full-time resident teaching artists (rtas) serving as americorps members in 51 title i schools in 10 rural and urban school districts, including: central North Carolina (moore, lee, and chatham counties); columbus, oh; denver, co; mt. Sterling, ky; nashville, tn; New York city, ny; and philadelphia, pa; rtas served 14,740 students providing more than 84,000 hours of arts instruction and creative learning and made a significant positive impact on their school communities. 60% of artistyear rtas added an art form or specialization that would not have existed in their school without artistyear. Rtas created 131 community arts events engaging 10,025 audience members, 96 arts & culture assemblies or field trips, and 73 arts clubs. Artistyear spent the 2024-2025 school year refining organizational operations and programming to strengthen our programming, increase rta recruitment, and prepared artistyear for ongoing expansion. Artistyear employs an efficient staffing and strong governance model to ensure that we are spending the bulk of our financial and human resources on program implementation and evaluation.

Operating model

Revenue model
Grant-funded. 73% of the money available for current operations came from government grants.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 86
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.7%; rating input score 84
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $42.94 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.8%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 83.7% of revenue deployed · 90.8% of spending went to programs
  • Governance: 5 of 6 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $130K · 8 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 22/100.