Artsok Inc
Nonprofit profile at a glance
- EIN
- 311657971
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014, Form 990-T 2022
- Location
- Broken Arrow, OK, USA
- Phone
- 9182588888
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $793,477
- Expenses
- $787,977
- Assets
- $824,516
- Liabilities
- $37,220
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ADAM FOREMAN (VICE PRESIDENT)
- MELINDA CLONTS (PRESIDENT)
Highest reported compensation
- ADAM FOREMAN (VICE PRESIDENT): $11,250 total reported compensation
- JEFF CHISM (TREASURER): $1,949 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inspire creativity, engage community, and enrich lives
What it reported doing in 2024
Operate the brown-kimbrough center for arts, innovation and creativity (arts302) and creative hud for the community through classes, workshops, gallery exhibits, and more creative experiences
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Accountability: 63
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.5%; rating input score 96
- Program expense ratio: 97%; rating input score 97
- Fundraising efficiency: Limited
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: 84.6%; rating input score 85; 20th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.7%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 19.3% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 96.5% of revenue deployed · 97% of spending went to programs
- Governance: 11 of 13 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $765K in reported program spending
- Leadership: top reported pay $11K · 13 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 38/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.