Harrison County Arts Inc

Nonprofit profile at a glance

EIN
203220145
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Corydon, IN, USA
Phone
8127382123
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$83,139
Expenses
$86,411
Assets
$118,053
Liabilities
$97

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

Leadership & pay

12 people listed

Executive titles in this filing

  • AMANDA RAMOS (PRESIDENT)
  • LUKE RENN (VICE PRESIDENT)

People named in this filing

  • JUDY CATO (SECRETARY)
  • THOM CRIMANS (TREASURER)
  • LORRAINE HUGHES (BOARD MEMBER)

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

Connecting creativity and community through the power of art. Harrison county arts was formed to explore and display harrison county artisan works and history by developing a cultural forum that will provide venues for all artistic endeavors.

What it reported doing in 2024

Art gallery and promotion of arts in harrison county, Indiana

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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.5%; rating input score 98
  • Program expense ratio: 94.7%; rating input score 95

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: -3.9%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 16.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: -18.6% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 98.5% of revenue deployed · 94.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $82K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.