David J Drakulich Art Foundation

Nonprofit profile at a glance

EIN
261893051
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Reno, NV, USA
Phone
7753132607
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Reported finances

Revenue
$73,816
Expenses
$105,172
Assets
$52,246
Liabilities
$50,400

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • GENE HUGHES (PRESIDENT OF BOARD OF DIRECTORS)
  • CHRIS GARDELLA (VICE PRESIDENT)

People named in this filing

  • GENE HUGHES (PRESIDENT OF BOARD OF DIRECTORS)
  • CHRIS GARDELLA (VICE PRESIDENT)
  • BARBARA WELSH (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Art foundation for armed forces

What it reported doing in 2025

Veterans art project at v.a. Sierra Nevada health care systems and northern Nevada state veterans home offers two hours of instruction per week to inhabitants and enrollees.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 82% 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 has grown recently. 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: 19
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.9%; rating input score 21
  • Program expense ratio: 14.7%; rating input score 15

Transparency & Controls

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

Sustainability

  • Operating margin: -42.5%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.96; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -34.8% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 31.7% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 20.9% of revenue deployed · 14.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 21/100.
  • High — Financial Efficiency: Program expense ratio scored 15/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.