Arts for Everett Inc
Nonprofit profile at a glance
- EIN
- 884297549
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Everett, MA, USA
- Phone
- 6179211240
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $160,481
- Expenses
- $64,224
- Assets
- $113,504
- Liabilities
- $12,966
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Damain Allen (President & Director)
People named in this filing
- Damain Allen (President & Director)
- Jerry Chason-Sokol (Treasurer & Director)
- Farah Costa (Clerk & 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
ARTS FOR EVERETT, INC. is an artist-run nonprofit and community art space dedicated to making creative experiences available to everyone. Our flagship location, Art Lab Everett, welcomes all to explore artmaking as a consistent practice through our open hours and fee-scaled membership. We offer a variety of programs including workshops for adults and children as well as shared studio space for self-guided work. Think of Art Lab as just that: a lab. We encourage artists of all levels to learn, experiment and play. MISSION STATEMENT Arts for Everett, Inc. supports the growth and development of the arts in Everett by providing a physical space dedicated to the arts, creating arts events in public spaces and collaborating with organizations throughout Greater Boston to enrich the lives of Everett residents. The lab is a place of experimentation, emphasizing process over product while at the same time encouraging skill development and creativity.
What it reported doing in 2024
Financial support from the city we were able to provide neurodiverse children with the chance to engage in the fun of artmaking through a variety of materials. The projects include such things as sculpture with recycled material, painting and drawing. The students' needs were met with the dual support of an artist/educator and a special education teacher. This has allowed us to provide ongoing programing for this population.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.8%; rating input score 8
- Program expense ratio: 19.4%; rating input score 19
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: 60%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 1.77; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 76.1% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 83.9% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 7.8% of revenue deployed · 19.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.