Coral Springs Festival of the Arts
Nonprofit profile at a glance
- EIN
- 201152326
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Coral Springs, FL, USA
- Phone
- 9543405930
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $175,988
- Expenses
- $138,976
- Assets
- $100,096
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GISELE RAHAEL (PRESIDENT)
People named in this filing
- GISELE RAHAEL (PRESIDENT)
- LOIS MARGOLIN CPA (TREASURER)
- GIL STERNBACH (SPONSORSHIP)
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
Support the arts in coral springs
What it reported doing in 2024
Produced multi-facited art and craft fair. Exposed citizens of coral springs and surrounding areas to various and sundry art forms. Raised funds. Donated funds to organized charities
Operating model
- Revenue model
- Donor-supported. 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.7%; rating input score 73
- Program expense ratio: 92%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 72.7% of revenue deployed · 92% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $128K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.