Arts Council of Brownwood

Nonprofit profile at a glance

EIN
751720794
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Brownwood, TX, USA
Phone
4058307413
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$103,627
Expenses
$90,255
Assets
$60,717
Liabilities
$0

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

Leadership & pay

10 people listed

People named in this filing

  • Keren Moss (Chairperson)
  • Lisa Tipton (Vice Chairperson)
  • Elisha Bird (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

To promote the Arts in the community by providing arts education opportunities (served 300+) through 2 organizations, hosted a Cinco de Mayo community event (8,000+ attendance), supported a county-wide art exhibition with multiple educational opportunities for all ages (3,500+ attendance).

What it reported doing in 2024

Provided arts education opportunities (served 300+) through 2 organizations, hosted a Cinco de Mayo Celebration event (8,000+ attendance), and supported a county-wide art exhibition with multiple education opportunities (served 3,500+)

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 84.8%; rating input score 85

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: 12.9%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 15.5% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 73.9% of revenue deployed · 84.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.