Charlotte Street Foundation

Nonprofit profile at a glance

EIN
270040902
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Kansas City, MO, USA
Phone
8162215115
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Art Museums

Official website

Reported finances

Revenue
$1,070,138
Expenses
$1,522,822
Assets
$9,686,473
Liabilities
$38,330

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JEAN-PAUL WONG (PAST PRESIDENT)
  • JOSE FAUS (PRESIDENT)
  • ELVIS ACHELPOHL (VICE PRESIDENT)
  • LISA SCHMITZ (VICE PRESIDENT)

People named in this filing

  • JEAN-PAUL WONG (PAST PRESIDENT)
  • JOSE FAUS (PRESIDENT)
  • DARREN ABBOTT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Csf identifies the needs and fuels the evolution of an ever-changing multi-disciplinary arts ecosystem, acting as its primary provocateur. We cultivate the contemporary, the exceptional, and the unexpected in the practice of artists working in and engaging with the Kansas city art community.

What it reported doing in 2024

Awards: multiple unrestricted cash grants in recognition of artistic achievement and continued artistic development in the areas of visual arts and generative performance arts. Curator in residence: engage emerging curators from around the country with the Kansas city region and its artists. Artboards: commissioned public art installation of double-sided billboards in the crossroads neighborhood of Kansas city. Sponsored by mobank.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 94
  • Accountability: 94
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 60.6%; rating input score 61
  • Fundraising efficiency: $6.93 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -42.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 6.36; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 8.4% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 16.5% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 60.6% of spending went to programs
  • Governance: 13 of 13 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $923K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: Fundraising efficiency scored 26/100.
  • High — Sustainability: Operating margin scored 4/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.