Arts Council of Northeast Tarrant County

Nonprofit profile at a glance

EIN: 751586473
IRS 990-EZ coverage: 2024–2024
Forms available: Form 990 2023, Form 990-EZ 2024
Location: Bedford, TX, USA
Phone: 8174128435
Rating: 77
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Arts Council/Agency

Reported finances

Revenue: $102,153
Expenses: $131,859
Assets: $62,447
Liabilities: $68,042

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

Leadership & pay

9 people listed

People named in this filing

Nansii Downer (Executive Dir.)
Patricia Nolan (Director)
Marty Geer (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide the community with a better understanding of the performing arts.

What it reported doing in 2024

In 2024, Arts Council of Northeast Tarrant County provided over 38 free Masterworks concerts throughout the year with 5,670 in attendance. This program employs local and regional talent in addition to contributing to the local economy as people who attend the concerts frequently patronize local restaurants either before or after the concerts. Many attendees told our Emcee how much they enjoyed, looked forward to and appreciated the concerts.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Grant intermediary. The nonprofit sent 100% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 77
Transparency & Controls: 94
Sustainability: 16
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 83.7%; rating input score 84
Program expense ratio: 64.9%; rating input score 65

Transparency & Controls

Consistency checks: 92.9%; rating input score 93; 3rd percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -29.1%; rating input score 5; 5th percentile among comparable filings
Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
Liabilities to assets ratio: 1.09; rating input score 5; 5th percentile among comparable filings
Officer compensation ratio: 8.4%; rating input score 21; 21st percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -16.5% per year; rating input score 0; 3rd percentile among comparable filings
Asset growth: -13.5% per year; rating input score 0; 9th percentile among comparable filings

Details

Where the money goes: 83.7% of revenue deployed · 64.9% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $86K in reported program spending
Leadership: top reported pay $0 · 9 people listed
Consistency: 8 of 8 current checks pass
Schedules: 3 filed schedules
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.

High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 5/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
High — Sustainability: Liabilities to assets ratio scored 5/100.
High — Sustainability: Officer compensation ratio scored 21/100.