Beloit Art Center Inc
Nonprofit profile at a glance
- EIN
- 392040460
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990 2016, Form 990-EZ 2025, Form 990-N 2016
- Location
- Beloit, WI, USA
- Phone
- 6083139083
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $145,486
- Expenses
- $88,627
- Assets
- $330,622
- Liabilities
- $67,205
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Dawn Stadelman (President)
- Cassie Steffek (Vice President/Gallery Manager)
People named in this filing
- Lisa Reshkus (Gallery Manager)
- Ben Henthorn (Board Member)
- Nancy Clark-Mather (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
To provide resources to help emerging artists, offer community education & cultural events, and expand the Arts Center theme.
What it reported doing in 2025
Rental of studio space to artist, providing a centralizedand supportive environment for artist to work andcollarberate as well as exhibit and sell art.
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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.1%; rating input score 52
- Program expense ratio: 81.2%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 39.1%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 3.73; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 8.3%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 26.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 18.1% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 52.1% of revenue deployed · 81.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $72K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 22/100.