Cma-hinman Hurlbut

Nonprofit profile at a glance

EIN
346506384
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Cleveland, OH, USA
Phone
2166897538
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$50,959
Expenses
$21,707
Assets
$280,367
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • William M Griswold (CMA DIRECTOR & CEO)

People named in this filing

  • John Walton (CHAIR)
  • Leigh H Carter (VOTING MEMBER)
  • Richard H Fearon (VOTING MEMBER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Grants are made according to the trust agreement dated october 10, 1935. The trustees are appointed under the provision of item v of last will and testament of hinman b. Hurlbut. Grants are made to the cleveland museum of art for maintenance of the gallery and for the promotion and cultivation of art.

What it reported doing in 2024

Charitable donations are made to the cleveland museum of art to be used for maintenance of the gallery and for the promotion and cultivation of art.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 86
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 74.5%; rating input score 75

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 57.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 12.92; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.7% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: 55.5% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 36th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 74.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.