Arts on Tap Inc
Nonprofit profile at a glance
- EIN
- 752434692
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2013, Form 990-EZ 2024
- Location
- Fort Worth, TX, USA
- Phone
- 8179239500
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $196,026
- Expenses
- $191,638
- Assets
- $100,584
- Liabilities
- $6,860
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DAVID HATCHELL (PRESIDENT)
- PEGGY BOTT KIRBY (VICE PRESIDENT)
People named in this filing
- DAVID HATCHELL (PRESIDENT)
- PEGGY BOTT KIRBY (VICE PRESIDENT)
- JOE WALLER (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
Our mission is to provide a forum of expression for dancers, choreographers, musicians, composers, and visual & performing artists; and to stimulate, develop, and preserve interest in tap dance and jazz music, and to educate the public, particularly youth, about these uniquely american art forms.
What it reported doing in 2024
Educating the general public and particularly youth about the art of tap dance and the visual and performance artsthrough individual and group class experiences. Arts fifth avenue offered weekly classes during regular school semesters, 2 summer playhouses, 2 tap now workshops in the summer, and 2 teen & adult workshops per year.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: 18
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.8%; rating input score 18
- Program expense ratio: 18.2%; rating input score 18
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: 2.2%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 17.8% of revenue deployed · 18.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $35K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 18/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.