Fort Lauderdale Performing Artsinc

Nonprofit profile at a glance

EIN
592651755
IRS 990-EZ coverage
2021–2021
Forms available
Form 990 2020, Form 990-EZ 2021
Location
Oakland Park, FL, USA
Phone
9546916778
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$64,611
Expenses
$72,074
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JUSTIN KNIGHT (PRESIDENT)

People named in this filing

  • JUSTIN KNIGHT (PRESIDENT)
  • FELIX FIDELIBUS (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ft lauderdale performing arts, inc is comprised of the original ft lauderdale gay men's chorus and the ft lauderdale women's chorus. The men's chorus was founded april 1, 1986 and was the first gay performing arts organization in the state of Florida. Formed under the name the gay men's chorus of south Florida, the name was changed to south Florida choral arts and later to fort lauderdale performing arts in january of 2012, when a split in the organization occurred in 2010, the other group took our original name. The women's chorus was formed in december 2008 and is comprised of lesbians and straight women. Our mission is "to build community through quality musical performances and civic engagement that promote a world that values and accepts diversity."

What it reported doing in 2021

All through the year the chorus strives to give back to the community through outreach events referred to as civic engagements. These include singing at a world AIDS day candlelight vigil, christmas on las olas, community tree lighting ceremony, performing at retirement centers, holiday parties and celebrations for lgbt organizations. The organization ceased operating in early 2022. The treasurer for many yars passed away.

Operating model

Revenue model
Earned-program. 71% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.5%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.6%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
  • Revenue growth: -111.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.