Chatfield Center for the Arts Inc

Nonprofit profile at a glance

EIN
452317004
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Chatfield, MN, USA
Phone
5078847676
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts Service Organizations and Activities

Reported finances

Revenue
$427,659
Expenses
$414,658
Assets
$241,744
Liabilities
$1,416

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

Leadership & pay

17 people listed

Executive titles in this filing

  • JOEL YOUNG (PRESIDENT)

Highest reported compensation

  • SARA STURGIS (PART YEAR EX): $65,865 total reported compensation
  • ELIZABETH KOEHNEN (EXECUTIVE DI): $11,487 total reported compensation

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

Overview

Mission

To serve as a regional hub for advancement of the arts by fostering creative expression, social engagement and lifelong learning.

What it reported doing in 2024

Chatfield center for the arts (cca) presented live music at several locations within our facilities. George h. Potter auditorium gave us the ability to bring local, regional, and national acts to chatfield. We renovated and can now host larger acts thanks to a donation from a local family. We also hosted concerts at our legion room, a 20 x 50 convertible room with with an intimate house-concert atmosphere. Finally, in 2024, we premiered the ghost light lounge (gll). Audiences enjoyed an admission- free intimate setting that featured storytelling, poetry, live music, and more. We debuted the producers fund in 2024. This group of anonymous local donors, underwrote two events in 2024 that would normally be unnaffordable to cca, and plans to underwrite four more in 2025. In 2024, cca donated 467 tickets to the community & surrounding area so our friends and neighbors could attend an event at no cost. Cca collected over 100 lbs. Of food for the local food shelf. Financial contributions came from 89 households in 2024. During the events/activities in 2024: cca had 88 individuals volunteer, cca taught 54 people how to paint, at no charge, cca arranged for 27 people to tour the minneapolis institute of art, cca offered 24 different acts on our stages, cca hosted 12 activities of the chatfield public schools, cca hosted 9 free monthly music jams, and cca offered 8 free concerts. In partnership with wit's end theatre, we hosted 3 live theatre performances and cca hosted the 2024 elections. Cca offered oil painting, bookmaking, bracelet creation, kombucha (how to), and yoga classes.

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 91% 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 available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 94
  • Accountability: 63
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.6%; rating input score 74
  • Program expense ratio: 71.4%; rating input score 71
  • Fundraising efficiency: $4.52 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 3%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 18.7%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 13.4% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 73.6% of revenue deployed · 71.4% of spending went to programs
  • Governance: 15 of 15 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $296K in reported program spending
  • Leadership: top reported pay $66K · 17 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: 6 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 20/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.