Florence Regional Arts Alliance Inc
Nonprofit profile at a glance
- EIN
- 570807517
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025, Form 990-EZ 2011
- Location
- Florence, SC, USA
- Phone
- 8434073092
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $29,008
- Expenses
- $30,997
- Assets
- $31,417
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- TONITA PERRY (PRESIDENT)
People named in this filing
- TONITA PERRY (PRESIDENT)
- LAUREN PINER (SECRETARY)
- RON JAGGERS (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The florence regional arts alliance is a community-based local arts agency that serves the citizens of florence county and the pee dee. Fraa is committed to preserving, supporting, and promoting a vibrant arts community for florence county and the surrounding region. Fraa's mission is to promote the arts as a catalyst for community cohesiveness, educational advancement, and economic growth.fraa is committed to achieving its mission by providing grants to artists, organizations, teachers and schools; recognizing students, individuals, and businesses through awards and scholarships; offering community programming that showcases the performing, visual, and literary; serving as a advocate for the arts to business, civic, and government leaders. All initiatives of the arts alliance are based on an organizational core value that recognizes the arts as fundemental to quality of life, education, and economic development in today's knowledge based economy.
What it reported doing in 2025
Financial support of established performing arts groups organized and performing in the florence area (arts alive, masterworks choir, florence symphony orchestra, florence little theatre, etc.)
Operating model
- Revenue model
- Donor-supported. 87% 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
SUPPORTED - 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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 43
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 59%; rating input score 59
- Fundraising efficiency: $7,905.33 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: -6.9%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 36th percentile among comparable filings
- Revenue growth: -1.8% per year; rating input score 0; 50th percentile among comparable filings
- Asset growth: -7.4% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 59% of spending went to programs
- Governance: 11 of 11 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.