Culver City Arts Foundation
Nonprofit profile at a glance
- EIN
- 841697150
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Culver City, CA, USA
- Phone
- 3107751664
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $110,410
- Expenses
- $130,196
- Assets
- $53,323
- Liabilities
- $45,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- A ALICIA B IDE (CHAIR)
- SEHNITA JOSHUA MATTISON (SECRETARY)
- TONY SPANO JR (TREASURER)
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 art and culture in the community
What it reported doing in 2024
Culver city council authorized that $35,000 city initial culver arts funding (2018) be made permanent nonprofit funding capital (2022) in recognition of culver arts success
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Sustainability: 22
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62%; rating input score 62
- Program expense ratio: 52.6%; rating input score 53
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: -17.9%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.84; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 62% of revenue deployed · 52.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $68K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 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.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.