Gloucester Arts on Main Inc
Nonprofit profile at a glance
- EIN
- 452946669
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-T 2020
- Location
- Gloucester, VA, USA
- Phone
- 8048249464
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $892,935
- Expenses
- $355,353
- Assets
- $1,565,670
- Liabilities
- $333,705
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- Joseph Baragan (Director)
- Rick Griffin (Director)
- Kim Kensley (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
To provide a creative environment for the arts to flourish, enriching the quality of life for people of all ages by offering workshops, classes, exhibits and events in a gallery where artists exhibit work.
What it reported doing in 2024
Arts on Main run a gallery and hosts events where local artists showcase their work and sell on consignment
Operating model
- Revenue model
- Donor-supported. 74% 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 78
- Accountability: 58
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.9%; rating input score 21
- Program expense ratio: 52.4%; rating input score 52
- Fundraising efficiency: $9.41 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 60.2%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 4.41; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 11.4% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 17.4% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 20.9% of revenue deployed · 52.4% of spending went to programs
- Governance: 16 of 16 board members independent · 0 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $186K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 24 of 26 current checks pass · 2 findings to review
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.