Arts Council Inc
Nonprofit profile at a glance
- EIN
- 480871376
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Wichita, KS, USA
- Phone
- 3163503245
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $41,429
- Expenses
- $28,299
- Assets
- $204,401
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MATTHEW BRODERICK (PRESIDENT)
- NATHANAEL MAY (VICE PRESIDENT)
People named in this filing
- MATTHEW BRODERICK (PRESIDENT)
- NATHANAEL MAY (VICE PRESIDENT)
- MALISSA LONG WILSON (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The arts council's mission is to advance and promote arts and culture in the wichita community through advocacy, leadership, education, and collaboration.
What it reported doing in 2024
The arts council aims to enhance art venues and promote cultural arts within the community, fostering the acquisition, appreciation, and accessibility of diverse fine arts in the region. It seeks to elevate advocacy efforts for the arts and exhibit leadership in developing public arts policy, while educating and informing the community about the arts, including their commercial aspects. The art awards program annually presents awards to nominated artists and organizations, recognizing their contributions. Art exhibitions feature paintings, sculptures, and other creations by local artists, displayed and sold on a commission basis in the gallery. Artist receptions introduce the public to these local creators and their works, with rotating displays intended to familiarize residents with featured art and artists, thereby promoting art appreciation and community support. Additionally, various local artistic functions and events are organized to promote arts, culture, and an enhanced quality of life in the greater wichita area. Fiscal agency activities support art and aesthetics in the wichita community by providing a funding mechanism for arts projects.
Operating model
- Revenue model
- Donor-supported. 76% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 79
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53%; rating input score 53
- Program expense ratio: 59.6%; rating input score 60
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 31.7%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 7.22; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: -4.9% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: 53% of revenue deployed · 59.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 53/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.