Arts Impact Inc

What it reported doing in 2024

Arts impact's innovative arts-integrated programs respond to educational trends and meet the needs of students, teachers, and the community of greater cleveland. The organization has served 50,000 students during the past 24 years. Our mission is to bring learning to life through art. Our primary purpose is to use the arts to help children learn, create, imagine, dream, explore, grow and succeed. Arts impact has become an important school partner for the cleveland metropolitan school district (cmsd), in particular, by providing multisession arts integration residencies that impact achievement and increase student engagement. First graders build bird gliders while studying life science. Second graders create digital stop-motion animations on ipads while studying the weather and atmosphere. This creative, hands-on learning helps the curriculum "stick." since 2023, arts impact has been offering arts integration through an intensive delevery model in two schools. This is proven highly effective with program evaluation showing increased student engagement and joy in learning. Both students and teachers were highly satisfied with the program. Since 2019, arts impact has offered series of arts-based programs for middle school and high school students, to explicitly address social and emotional learning (sel). Each workshop includes introduction of an sel competency, discussion, activities, and an art project to deepen the learning of that competency. Arts enrichment programs take place in schools and community organizations during out-of-school time. These workshops and camps are arts-based and not tied to other aspects of the curriculum as the steam and sel offerings are. Professional artists guide students to paint murals, design logos, sculpt, dance, and more. Arts impact artist-educators also lead local educators through professional development opportunities to build skills in arts integration

Financial Efficiency

• Mission deployment rate: 85.5%; rating input score 85
• Program expense ratio: 78.4%; rating input score 78
• Fundraising efficiency: $4.89 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -9%; rating input score 18; 18th percentile among comparable filings
• Total-asset coverage ratio: 0.27; rating input score 12; 12th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 5.9% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 47th percentile among comparable filings
• Asset growth: 3% per year; rating input score 100; 30th percentile among comparable filings