East House Art Gallery Inc
Nonprofit profile at a glance
- EIN
- 830933846
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Red Oak, IA, USA
- Phone
- 7123294180
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $78,517
- Expenses
- $78,513
- Assets
- $90,366
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SCOTT ROLENC (PRESIDENT)
People named in this filing
- SCOTT ROLENC (PRESIDENT)
- CINDY ROLENC (TREASURER)
- JENNIFER ROBERTS (DIRECTOR)
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
East house art gallary was founded with the community and art lovers in mind, offering a wide selection of art, the likes of which are normally seen only in large city galleries. East house provides a place where art lovers and the curious immerse into a world of original art works from great known artists of the past and present striving to inspire future artists while providing education to all ages of the community as to art and it's creator.
What it reported doing in 2024
East house art gallery provides a place where art lovers and the curious immerse into a world of original art works from great known artists of the past and present, while striving to inspire future artists by providing education to all ages of the community as to art and artists.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.2%; rating input score 92
- Program expense ratio: 92.2%; rating input score 92
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: 0%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 0% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 92.2% of revenue deployed · 92.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $72K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.