Coutts Memorial Museum of Art Inc

Nonprofit profile at a glance

EIN
237160423
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-PF 2017
Location
El Dorado, KS, USA
Phone
3163211212
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$263,982
Expenses
$397,802
Assets
$7,613,008
Liabilities
$26,521

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

Leadership & pay

5 people listed

Executive titles in this filing

  • ROBIN GONZALEZ (PRESIDENT)
  • LORI GIOSO (VICE PRESIDENT)
  • THEA HOWARD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • THEA HOWARD (EXECUTIVE DIRECTOR): $66,250 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 support, encourage, and promote art, artists, and art education in the el dorado community, throughout the region, and among its visitors (continued on sch. O).the museum aspires to provide a stimulating and inspiring cultural and educational environment. It is dedicated to affording a unique visitor experience and is committed to continuous improvement in every aspect of its collections, programs, interpretation, and presentation. The museum aims to serve its diverse public as a dynamic, innovative, and welcoming cultural arts center of learning for all ages, heightening public discovery, understanding, and appreciation of the arts world. It is organized for the promotion of a greater understanding, education, and appreciation of all forms of art, and in particular paintings and sculptures.

What it reported doing in 2024

The organization engages with the community with the purpose of preserving, displaying, and teaching art. The museum's 2,000+ pieces of art from around the world are displayed for public consumption to fulfill the mission of supporting art and art education. On top of rotating out parts of the collections to put on display, the museum actively receives temporary exhibits in order to widen the diversity of art displayed, as well as to give new and wider audiences to the artists. Art pieces are also loaned out to other institutions and museums. Free and paid art classes are offered to adults, youths, and families.

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. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 39
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 50.6%; rating input score 51
  • Fundraising efficiency: $0.58 raised per $1 spent on fundraising; rating input score 4; 4th 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: Limited
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -50.7%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 19.14; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 16.7%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -152.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 50.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $201K in reported program spending
  • Leadership: top reported pay $66K · 5 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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: Program expense ratio scored 51/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.