Audio in Color Inc

Nonprofit profile at a glance

EIN
921963407
IRS 990-EZ coverage
2024–2025
Forms available
Form 990 2023, Form 990-EZ 2025
Location
Coopersville, MI, USA
Phone
5409089053
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$51,865
Expenses
$21,683
Assets
$124,246
Liabilities
$82,521

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ANDREA O ARNDT (PRESIDENT)
  • NANA MALONE (VICE PRESIDENT)

People named in this filing

  • ANDREA O ARNDT (PRESIDENT)
  • NANA MALONE (VICE PRESIDENT)
  • KATELYN ROBINSON (BOARD MEMBER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Audio in Color works to expand access and opportunity within the audiobook industry by supporting independent authors and narrators. We assist new creators in producing high-quality audiobooks and aim to broaden the landscape of stories available to global audiences.

What it reported doing in 2025

Audio in Color provides financial support to independent authors through grants that help them produce professional-quality audiobooks and reach new audiences. Our program encourages the growth of various types of storytelling in the romance genre and promotes a more inclusive range of voices. Grant recipients are encouraged to use their earnings as seed funding to sustain and grow their audiobook publishing efforts.

Operating model

Revenue model
Other-operating. 67% of the money available for current operations came from other operating revenue.
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 revenue comfortably covers expenses. 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: 35
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.2%; rating input score 23
  • Program expense ratio: 55.4%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 58.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 5.73; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -132.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -23.4% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 28.4% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 23.2% of revenue deployed · 55.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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 23/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.