Eau Claire Regional Arts Council Inc

Nonprofit profile at a glance

EIN
930830193
IRS 990 coverage
2009–2017
Forms available
Form 990 2017
Location
Eau Claire, WI, USA
Phone
7158322787
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Council/Agency

Official website

Reported finances

Revenue
$1,023,818
Expenses
$1,088,507
Assets
$770,777
Liabilities
$174,671

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • SALLY SUNDBY (PAST PRESIDENT)
  • PAM RASMUSSEN (PRESIDENT)
  • WILLIAM WALLO (VICE PRESIDENT)
  • BEN RICHGRUBER (FORMER EXECUTIVE DIRECTOR)

Highest reported compensation

  • BEN RICHGRUBER (FORMER EXECUTIVE DIRECTOR): $66,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The eau claire regional arts council promotes the appreciation, expression, and growth of the arts in the chippewa valley and strives to transform lives through performing and visual arts.

What it reported doing in 2017

The eau claire regional arts council provided a home base for local arts organizations, gallery space for area professional artists, a 1,100-seat theater for local and national touring shows, and countless opportunities for everyone in the chippewa valley to enrich their lives through the arts. During the past year, over 100,000 people of all ages and backgrounds participated in arts programs at the state theater - as performers, artists, audience members, students, visitors, and volunteers.

Operating model

Revenue model
Earned-program. 77% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 30
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 6.1%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 10% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: -4.1% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 84.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $922K in reported program spending
  • Leadership: top reported pay $66K · 11 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 9 filing years from 2009 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.