Daniel Island Performing Arts Ctr

Nonprofit profile at a glance

EIN: 812408301
IRS 990-EZ coverage: 2016–2018
Forms available: Form 990-EZ 2018
Location: Mt Pleasant, SC, USA
Phone: 8437660400
Rating: 84
Verdict: STRONG
Rating confidence: Moderate
Sector: Performing Arts Centers

Reported finances

Revenue: $122,085
Expenses: $109,595
Assets: $104,586
Liabilities: $26,962

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

STEPHEN RUSSELL (CHAIRMAN)
JOSEPH HINSKE (TREASURER)
NELLA GRAY BARKLEY (BOARD MEMBER)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The daniel island performing arts center will provide authentic creative experiences that educate, inspire, and entertain through the various media of the performing arts.

What it reported doing in 2018

Orgainize performance of tosca opera for the benefit of the local arts community to build support for the needed performing arts center.

Operating model

Revenue model: Earned-program. 93% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

Financial Efficiency: 93
Transparency & Controls: 82
Sustainability: 57
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 88.7%; rating input score 89
Program expense ratio: 98.8%; rating input score 99

Transparency & Controls

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

Sustainability

Operating margin: 10.2%; rating input score 62; 62nd percentile among comparable filings
Total-asset coverage ratio: 0.95; rating input score 60; 60th percentile among comparable filings
Liabilities to assets ratio: 0.26; rating input score 20; 20th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

Program expense growth: 58.8% per year; rating input score 100; 95th percentile among comparable filings
Revenue growth: -25% per year; rating input score 0; 2nd percentile among comparable filings
Asset growth: -2.1% per year; rating input score 0; 25th percentile among comparable filings

Details

Where the money goes: 88.7% of revenue deployed · 98.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $108K in reported program spending
Leadership: top reported pay $0 · 9 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2016 to 2018
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 20/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.