Galveston Historic Downtown Cultural Arts District

Nonprofit profile at a glance

EIN
813479927
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Galveston, TX, USA
Phone
4094579780
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$88,578
Expenses
$55,926
Assets
$98,055

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

Leadership & pay

12 people listed

Executive titles in this filing

  • SARAH PIEL (President)
  • WILL WRIGHT (Vice President)

People named in this filing

  • SARAH PIEL (President)
  • TREY CLICK (Treasurer)
  • MARIE ELENA CORTES (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 Galveston arts community - performance, visual, culinary, and literary artists - by fostering connections, inspiring collaborations, and equipping creatives with the essential tools and resources to bring their visions to life.

What it reported doing in 2024

This year the organization was in the intial stages of operating and was seeking funding to create the infrastructure to operate.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.9%; rating input score 39
  • Program expense ratio: 61.7%; rating input score 62

Transparency & Controls

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

Sustainability

  • Operating margin: 36.9%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 17.9%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 195.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 40% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 38.9% of revenue deployed · 61.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $34K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.