Houma Regional Arts Council
Nonprofit profile at a glance
- EIN
- 721031389
- IRS 990-EZ coverage
- 2011–2011
- Forms available
- Form 990-EZ 2011
- Location
- Houma, LA, USA
- Phone
- 9858736367
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
- Affiliation
- Christianity
Reported finances
- Revenue
- $187,606
- Expenses
- $165,582
- Assets
- $19,814
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
11 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This organization's primary exempt purpose is to promote and provide arts and cultural events through a partnership of public and private funding based on the needs of individual communities. The organization serves assumption, lafourche, st. Charles, st. James, st. John the baptist, and terrebonne, Louisiana parishes and provides financial and resource support annually to nonprofit organizations in the region to support arts and cultural endeavors for public benefit.
What it reported doing in 2011
The Louisiana decentralized arts funding program (daf), initiated in 1995, makes the arts available in all areas of the state by giving artists, nonprofit organizations, community groups, and local government agencies in each parish the opportunity to develop arts programs that meet their local needs. The houma regional arts council administers daf in assumption, lafource, st. Charles, st. James, st. John the baptist, and terrebonne parishes. The program is designed to:-expand efforts to make the arts accessible to all parishes in Louisiana.-award grants to organizations located within the parish for which funds are designated.the goals of the decentralized art funding program are to:-strengthen arts organizations-encourage professional artists to undertake projects that have meaningful community involvement and build audiences for the arts.-encourage a variety of nonprofit organizations to sponsor arts and cultural activities including classical, contemporary and traditional arts in eight artistic disciplines within the parish funded.-leverage additional local support for the arts.-provide arts activities to groups which have had limited arts experiences.-provide funding for arts and cultural activities that are open to the public.-introduce the grants process and develop grant-writing skills.2011grants awarded: 34funds awarded: $133,638.00number of sessions/activities: 1,130people served: 135,239publications distributed: 2,500
Operating model
- Revenue model
- Earned-program. 68% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 100
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.7%; rating input score 63
- Program expense ratio: 71.1%; rating input score 71
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: 11.7%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 62.7% of revenue deployed · 71.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 10 filed program accomplishments · $118K in reported program spending
- Leadership: top reported pay $35K · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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.
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 — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.