Culturehum Foundation Mollys Music Foundation

Nonprofit profile at a glance

EIN
465021227
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2020, Form 990-EZ 2023, Form 990-N 2015
Location
Costa Mesa, CA, USA
Phone
8005814609
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$55,102
Expenses
$19,118
Assets
$13,446
Liabilities
$302,576

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • C Travis Webb (Executive Dir.)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

CultureHum Foundation promotes civic engagement, and provides education in the arts, sciences, and humanities. This is done through a variety of educational and cultural initiatives, which include charitable giving and its advocacy, research fellowships and prizes, academic engagement, arts participation, music education, tutoring, and publishing.

What it reported doing in 2023

In 2023 The Foundation continued its webseries on civic culture, to produce its weekly podcast on ways to improve and expand civic culture, plus it coordinated and sponsored research to further this goal with scholars.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 22
  • Transparency & Controls: 100
  • Sustainability: 62
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.7%; rating input score 13
  • Program expense ratio: 36.6%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 65.3%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 22.5; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -22.4% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -12.7% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 12.7% of revenue deployed · 36.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Financial Efficiency: Mission deployment rate scored 13/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.