Friends of the Bowlus Inc

Nonprofit profile at a glance

EIN
481113679
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Iola, KS, USA
Phone
6203654765
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$84,440
Expenses
$38,908
Assets
$216,772

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • JAN KNEWTSON (PRESIDENT)

People named in this filing

  • JAN KNEWTSON (PRESIDENT)
  • STEPHANIE LARSON (VICE PRESIDE)
  • CAROL OLSON (SECRETARY)

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

The friends of the bowlus, inc. Was organized to promote and assist the purpose and activities of the thomas h. Bowlus trust and the thomas h. Bowlus fine arts and cultural center - primarily focused on the mission of supporting the brick and mortar needs.

What it reported doing in 2024

The friends of the bowlus, inc. Was formed to promote and foster the purposes of the thomas h. Bowlus trust and the thomas h. Bowlus fine arts and cultural center, and to create a fund to use for any program, project, or enterprise undertaken in the interest of the thomas h. Bowlus fine arts center.

Operating model

Revenue model
Donor-supported. 96% 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 75
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.2%; rating input score 43
  • Program expense ratio: 84.9%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 53.9%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 5.57; rating input score 85; 85th 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: -49.9% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -17.3% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -21.8% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 43.2% of revenue deployed · 84.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $33K 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: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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: Mission deployment rate scored 43/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.