Connecticut Association for the Performing Arts

Nonprofit profile at a glance

EIN
061625278
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Columbus, OH, USA
Phone
6144691045
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.*

Official website

Reported finances

Revenue
$10,640,652
Expenses
$7,748,117
Assets
$21,384,651
Liabilities
$1,504,272

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

Leadership & pay

36 people listed

Executive titles in this filing

  • CHAD WHITTINGTON (PRESIDENT & CEO)
  • ANTHONY MCDONALD (VP/EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHAD WHITTINGTON (PRESIDENT & CEO): $430,455 total reported compensation
  • ANTHONY MCDONALD (VP/EXECUTIVE DIRECTOR): $153,377 total reported compensation

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

Overview

Mission

The association brings the world to our legendary stage, enriches lives, and creates community through our mission to: (1) preserve the legacy of the historic shubert theatre in new haven as an icon of the american theatre by operating and evolving our theatre as a world class performing arts center; (2) present international, national and local programming of the highest quality, featuring renowned artists from all cultures and embracing all genres of the performing arts and the diversity of our local culture and community; (3) educate, inspire, and build new and diverse audiences by offering education and outreach programs which integrate the arts into our community and by providing affordable access to live performances at our theatre; (4) strengthen our arts communities through advocacy, partnership, collaboration, and mutual support; (5) invigorate the local economy through the programming we present, the audiences we attract, and our support of the businesses in our community

What it reported doing in 2024

The association provides a variety of educational and arts opportunities to students and their families in the greater new haven community. These programs provide access to the arts to many that would otherwise be unable to do so. These programs are accomplished through workshops, master classes, visiting artist projects, and community ticket distributions. Over the fiscal year, we served over 13,000 students. Additionally, the association is contracted by the new haven board of education to provide management and technical services for cooperative arts and humanities high school's arts programs, related theatres and support spaces, along with internship programs in ushering and technical theatre. See schedule othis partnership also provides almost 100 students with technical theatre training and allows them to become a workforce for the school. The students will be able to take these skills onto higher education programs, apprenticeships and job opportunities.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 74
  • Accountability: 96
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.3%; rating input score 62
  • Program expense ratio: 83.5%; rating input score 83
  • Fundraising efficiency: $16.19 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.9%; rating input score 94; 27th 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: 27.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 2.76; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 14th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 62.3% of revenue deployed · 83.5% of spending went to programs
  • Governance: 31 of 33 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $6.5M in reported program spending
  • Leadership: top reported pay $430K · 36 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.4M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 4 filed related-organization links
  • 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 52/100.
  • High — Growth: Revenue growth scored 0/100.