Greater Alton Concert Association Foundation
Nonprofit profile at a glance
- EIN
- 237275501
- IRS 990-EZ coverage
- 2011–2018
- Forms available
- Form 990-EZ 2018
- Location
- Alton, IL, USA
- Phone
- 6185316820
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $68,354
- Expenses
- $54,496
- Assets
- $35,715
- Liabilities
- $2,492
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Susan Parton-Stanard (President)
- Jeanne Truckey (Immediate Past President)
- Timothy Reif (Vice President)
- Barbara McHugh (Vice President - Promotion & Advertising)
People named in this filing
- Susan Parton-Stanard (President)
- Jeanne Truckey (Immediate Past President)
- Timothy Reif (Vice President)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In September 1941, some interested Altonians set forth a plan to bring professional musicians, dancers, and theater to Alton and the surrounding communities. Through a long association with The Monticello College campus and then when it became the Lewis & Clark Community College with GACAF performances continuing to be in Hatheway Hall. In 1999 we became a foundation, making it easier to accept larger donations from individuals and corporations. GACAF, a not-for-profit organization, continues to operate with a no-hired personnel policy. Our Board of Directors volunteer their time and services in carrying on the business of the organization. GACAF has provided everyone in the area the opportunity to embrace and embellish their cultural life, in the realm of music, dance and theater. The purposes for which the Foundation is organized are exclusively charitable, artistic, and educational.
What it reported doing in 2018
The Greater Alton Concert Association, Inc. Foundation, GACA, since 1941, provides the Greater Alton Illinois, Riverbend community and surrounding counties the opportunity to embrace and embellish their cultural life, in the realm of music, and theater performing arts. -- Using a non-profit approach, we strive to cultivate in the citizens, of our area, an interest in fine arts productions of music, art, dance and theater to build and maintain an audience, for educational and cultural purposes through presenting artistic events to our community.-- Funding for these fine performances of music, art, dance, and theatrical productions is provided by annual subscriptions, patrons, corporate donations and advertising sponsors.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- 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. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -9.4% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 20 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2011 to 2018
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.