Artz 4 Life Academy Inc

What it reported doing in 2024

Performing Arts Programs: This includes all of our performing arts programs. Specifically, The Family Blessing and Dundu Dole. Artz 4 Life Academy, Inc. continues to exceed expectations and budget under the direction of Founder/Executive Director, Jai Hinson. In the current year, the organization rebranded the annual production of the Chocolate Nutcracker to The Nutcracker Twist to The Family Blessing and continued to receive the highest accolades for the production. The production reached approximately 6,000 Tampa Bay community families, based on weekend long sold-out performances. Artz 4 Life Academy continued to collaborate with Mahaffey Theater and the City of St. Petersburg to provide a state-of-the-art venue for the annual Production. Artz 4 Life Academy, Inc. established a semi-professional performing outlet for community youth that performs a variety of genres, such as West African Dance, Jazz, Ballet, Modern, and Caribbean. The youth use the semi-professional company as a foundation for future endeavors. Many of our students have been accepted for summer intensives with schools such as: Alvin Ailey, The Rock and Jacobs Pillow. Several have received performing art scholarships and prestigious awards. We have graduates attending on scholarship to Sante Fe College, University of Hartford, Gainesville, Slippery Rock, Pennsylvania and Boston Conservatory and one former dancer graduated from Julliard and is currently a premier dancer with Alvin Ailey Dance Company and American Ballet Company. Six former members are now performing in Katunga, and Dance With The Music at Busch Gardens and one male is the performance dance captain. Three former Dundu Dole members have recently received invitations to Las Vegas from the "So You Think You Can Dance" Television show. Other former dancers recently were winners on the BET television show 106 & Park. In addition, the semi-professional program continued to expand the community outreach, expanding the outreach to two additional counties in the Tampa Bay area.

Financial Efficiency

• Mission deployment rate: 70.5%; rating input score 71
• Program expense ratio: 82.3%; rating input score 82
• 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: 83.3%; rating input score 83; 19th 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: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 14.4%; rating input score 69; 69th percentile among comparable filings
• Total-asset coverage ratio: 0.92; rating input score 40; 40th percentile among comparable filings
• Liabilities to assets ratio: 0.81; rating input score 9; 9th percentile among comparable filings
• Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings

Growth

• Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
• Revenue growth: 6.8% per year; rating input score 100; 53rd percentile among comparable filings
• Asset growth: 21% per year; rating input score 100; 83rd percentile among comparable filings