Hot Springs Area Cultural Alliance
Nonprofit profile at a glance
- EIN
- 710748026
- IRS 990-EZ coverage
- 2010–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2020
- Location
- Hot Springs National P, AR, USA
- Phone
- 5015470029
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $66,000
- Expenses
- $83,430
- Assets
- $122,481
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Elizabeth Colgrove (Executive Director)
- Ashley Campbell (President)
People named in this filing
- Elizabeth Colgrove (Executive Director)
- Ashley Campbell (President)
- Tiffany Rogers (Secretary)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Hot Springs Area Cultural Alliance is a nonprofit organization whose mission is to celebrate, advocate, and promote the Arts in Hot Springs, Arkansas.
What it reported doing in 2023
Arts in the Park 2023
Operating model
- Revenue model
- Donor-supported. 80% 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
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 75.4%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -26.4%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 95.4% of revenue deployed · 75.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $63K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2010 to 2023
- 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.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.