Brasarte the Damasceno Brazilian Cultural Exchange
Nonprofit profile at a glance
- EIN
- 143383575
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Berkeley, CA, USA
- Phone
- 5105281958
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $253,770
- Expenses
- $218,654
- Assets
- $41,104
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Nicholas Harvey (Executive Director)
Highest reported compensation
- Nicholas Harvey (Executive Director): $11,500 total reported compensation
- Tainah Damasceno Harvey (Artistic Director): $7,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
BrasArte has four major goals: 1 To preserve the traditional dances and music of Brasil 2 To preserve the historical roots of Brasil's vibrant culture by helping to support and care for its aging artists and mentors 3 To nurture new and emerging artistic talent 4 To provide cultural exchange between Brasil and the United States
What it reported doing in 2024
BrasArte produces two major festivals marking important celebrations in the Afro Brazilian calendar. The Bay Area Brazilian Day & Lavagem Festival is a day-long street festival (over 500 attendees), and the Yemanja Festival is a series of events, workshops and performances (700+ attendees). In addition BrasArte hosts several music and dance concerts and performances throughout the 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 98% 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 program spending has grown recently. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 85
- Accountability: 44
- Sustainability: 47
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.9%; rating input score 60
- Program expense ratio: 69.4%; rating input score 69
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 13.8%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 8.7%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -13.7% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 59.9% of revenue deployed · 69.4% of spending went to programs
- Governance: 4 of 6 board members independent · 1 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $152K in reported program spending
- Leadership: top reported pay $12K · 6 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.