Arts Engine Inc

Nonprofit profile at a glance

EIN
134129275
IRS 990 coverage
2010–2011
Forms available
Form 990 2011
Location
New York, NY, USA
Phone
6462306368
Rating confidence
Limited
Sector
Film, Video

Official website

Reported finances

Revenue
$2,530,006
Expenses
$2,450,356
Assets
$394,268
Liabilities
$239,711

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

11 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Supports, produces, and distributes independent media of consequence, and promotes the use of independent media by advocates, educators, and the general public. By fostering the production and use of independent film, video, and new media, Arts Engine connects media makers and active audiences in order to spur critical consideration of Continued Sch. O

What it reported doing in 2011

FISCAL SPONSORSHIP PROGRAM Services assist filmmakers who do not have their own 501c3 nonprofit organization. It allows a filmmakers non-commercial project to apply for funding from organizations requiring that the recipient have nonprofit status. As fiscal sponsor, Arts Engine servces as the nonprofit tax-exempt umbrella organizaton that accepts and administers contributions made to a filmmakers project.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 74
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 70th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.1%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 3.9%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -1.2% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 40.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $97K · 11 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2010 to 2011
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.