Friends of the Chappaqua Performing Arts Center Inc
Nonprofit profile at a glance
- EIN
- 815246038
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Chappaqua, NY, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $60,692
- Expenses
- $56,452
- Assets
- $177,982
- Liabilities
- $122,783
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- Michele Gregson (Board Chair)
- Benna Strober (Secretary)
- Christie Krase (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the Chappaqua Performing Arts Center through programming and capital to create a premier cultural center for the visual and performing arts and serve residents of Westchester County New York of all ages and interests.
What it reported doing in 2024
Delivery a variety of childrens and adult programming at the theatre in a variety of formats including movies live music dance and comedy. For 2024 we brought 7 programs to the ChapPac coordinated with other town organizations
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
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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 3.15; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 55.2% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 62.6% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 52.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.