Fotoweek Dc

Nonprofit profile at a glance

EIN
262411136
IRS 990-EZ coverage
2016–2017
Forms available
Form 990 2015, Form 990-EZ 2017
Location
Washington, DC, USA
Phone
2023373686
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Visual Arts Organizations

Official website

Reported finances

Revenue
$74,710
Expenses
$106,232
Assets
$40,602
Liabilities
$59,963

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

Leadership & pay

4 people listed

Executive titles in this filing

  • THEODORE ADAMSTEIN (PRESIDENT/EX)

People named in this filing

  • THEODORE ADAMSTEIN (PRESIDENT/EX)
  • CAROLYN RUSSO (DIRECTOR)
  • EBRADY ROBINSON (CHAIR)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fotoweek dc celebrates the transformative power of photography through the presentation of inspiring and provocative image, diverse programming, and collaboration with the local and international community.

What it reported doing in 2017

The organization raised awareness of the profession, art, and influence of photography throgh various events and recognition programs, including the week-long fotoweek festival in Washington, dc serving thousands of participants.

Operating model

Revenue model
Donor-supported. 99% 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 75
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.2%; rating input score 85

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -42.2%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 1.48; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 27.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 38.9% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -32.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -18% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2016 to 2017
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.