Fishers Arts Council Inc
Nonprofit profile at a glance
- EIN
- 841700996
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Fishers, IN, USA
- Phone
- 3175371670
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $82,381
- Expenses
- $70,541
- Assets
- $56,792
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Les Reinhardt (Executive Director)
- Chris Hayes (President)
- Ross Hilleary (Vice President)
People named in this filing
- Les Reinhardt (Executive Director)
- Chris Hayes (President)
- Ross Hilleary (Vice President)
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
Support & Encouragement of the Arts in the Community.
What it reported doing in 2024
Juneteenth Jubilee - In June 2024, students from Fishers High Schools Future Black Leaders Club combine creative forces with Community Members and Fishers Arts Council to organize an inclusive and welcoming event for the entire community. This event is free and features Black-owned businesses and and creative artists, such as live music by local artists, incredible food vendors, and a id Zone with free face painting, bounce houses, playground and more!
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
The verdict
MIXED - The filed numbers largely add up and program spending 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: 22
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.3%; rating input score 20
- Program expense ratio: 23.9%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.4%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 41; 41st 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: 10.1% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 25.2% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 23.3% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 20.3% of revenue deployed · 23.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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 20/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.