Cedar Key Arts Center Inc

Nonprofit profile at a glance

EIN
593293772
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2014, Form 990-EZ 2025, Form 990-N 2009
Location
Cedar Key, FL, USA
Phone
3525439628
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$76,279
Expenses
$109,160
Assets
$443,712
Liabilities
$2,779

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MARCI WILCOX (PAST PRESIDENT)
  • DENISE FEIBER (VICE PRESIDENT)
  • MARY PRESCOTT (PRESIDENT)

People named in this filing

  • DAWN CALLAHAN (DIRECTOR)
  • SUSAN ROSENTHAL (DIRECTOR)
  • FAYE SANDERS (TREASURER)

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

Nurture and encourage arts in the community by providing and maintaining facilities for the arts, including studio space for classes, gallery space for exhibits and sales, and coordinating the annual old Florida celebration of the arts festival

What it reported doing in 2025

Education: youth art programs - summer and after school (50participants), workshops, classes, groups, demos, and discussions(open to all residents and visitors to our community of less than 1000 residents).

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

MIXED - The filed numbers largely add up and program spending has grown recently. 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: 37
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.9%; rating input score 41
  • Program expense ratio: 31.3%; rating input score 31

Transparency & Controls

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

Sustainability

  • Operating margin: -43.1%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 4.06; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 40.9% of revenue deployed · 31.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $34K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 31/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.