Circuit Arts Inc

Nonprofit profile at a glance

EIN
030550258
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
West Tisbury, MA, USA
Phone
5085602134
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Film, Video

Official website

Reported finances

Revenue
$1,549,271
Expenses
$1,423,893
Assets
$392,201
Liabilities
$50,701

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JIM WARNER (BOARD MEMBER / PRESIDENT)
  • BRIAN DITCHFIELD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BRIAN DITCHFIELD (EXECUTIVE DIRECTOR): $112,919 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To produce community events, educational programs, and films that spark discussion, debate and action.

What it reported doing in 2025

Circuit arts, inc. Is an organization devoted to community building and storytelling through the production of cultural events, film screenings, video production and educational programming. These events and services included the following during 2025: 1)the 25th annual martha's vineyard film festival showcasing 17 films during the event running march 26-30, 2025.2)our theater at the grange hall hosting film screenings and other cultural events throughout the year 3)the vineyard's drive in at the ymca hosting 18 separate screenings 4)martha's vineyard children's theater camp 5)circuit films - a full-service video production company 6)circuit stage - providing visiting and local artists a platform to showcase their work.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.5%; rating input score 67
  • Program expense ratio: 73.4%; rating input score 73
  • Fundraising efficiency: $22.19 raised per $1 spent on fundraising; rating input score 58; 58th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 8.1%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 7.9%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: -1.3% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 67.5% of revenue deployed · 73.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $113K · 12 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Fundraising efficiency scored 58/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.