Carrollwood Cultural Center
Legal name: Friends of Carrollwood Cultural Center Inc
Nonprofit profile at a glance
- EIN
- 300224777
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Tampa, FL, United States
- Phone
- (813) 922-8167
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $954,870
- Expenses
- $992,046
- Assets
- $41,346
- Liabilities
- $58,841
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- SUSAN BAXTER-GIBSON (PRESIDENT)
People named in this filing
- SUSAN BAXTER-GIBSON (PRESIDENT)
- EVELYN BLESS (DIRECTOR)
- WILLIAM DEMARE (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Create culture through community and create community through culture. The magic of the Carrollwood Cultural Center began several years ago with a special partnership between Hillsborough County and the Friends of Carrollwood Cultural Center (FCCC), a non-profit 501(c)3 organization dedicated to enhancing the quality of life for residents through arts and culture. Together, the county and the FCCC worked to renovate St. Mark’s Episcopal Church into the creative center it is today. Located in the heart of Carrollwood Village, the campus includes a 26,000 sq. ft. main building complete with a stage, dance floor, art studios, computer lab and conference rooms as well as a sister building, The Studio, which provides additional space for classes, performances, room.
What it reported doing in 2024
The carrollwood cultural centers offers and promotes several classes including art, ceramics, language, music, theatre and woodcarving.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 23
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 71.8%; rating input score 72
- Fundraising efficiency: $8.42 raised per $1 spent on fundraising; rating input score 32; 32nd 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.9%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 1.42; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: -8.1% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 74.6% of revenue deployed · 71.8% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $712K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.