Delaware Arts Festival Association Inc

Nonprofit profile at a glance

EIN
311053811
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Delaware, OH, USA
Phone
6142962277
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$92,560
Expenses
$67,076
Assets
$181,505
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • MARK HARDYMON (PRESIDENT)
  • SHERRY RIVIERA (VICE PRESIDENT)

People named in this filing

  • MARK HARDYMON (PRESIDENT)
  • SHERRY RIVIERA (VICE PRESIDENT)
  • LISA MURPHY (SECRETARY)

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

In order to promote artistic endeavors in Delaware county, scholarships are awarded to students of the visual arts, grants are awarded to organizations to allow them to offer art activities to their members, and an annual arts festival is conducted to allow the display of visual arts by various vendors and artists.

What it reported doing in 2024

Organize an annual arts festival to allow the display of visual arts by various vendors and artists.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.3%; rating input score 70
  • Program expense ratio: 97.1%; rating input score 97

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: 27.5%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 2.71; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 9.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 70.3% of revenue deployed · 97.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $65K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 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 — Sustainability: Officer compensation ratio scored 56/100.