Keeping the Arts
Nonprofit profile at a glance
- EIN
- 208248790
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2012
- Location
- Sherwood, OR, USA
- Phone
- 5038196219
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $196
- Expenses
- $14,359
- Assets
- $23,099
- Liabilities
- $245
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DAVID MCGINNIS (PRESIDENT)
People named in this filing
- KARLY SCHINDLER (BOARD MEMBER)
- LAURA WEBER WHITE (BOARD MEMBER)
- DAVID MCGINNIS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To help ensure that the arts remain an integral part of education for children in k-12 schools throughout the state of Oregon, and especially in underserved rural communities.
What it reported doing in 2024
The kta grant program makes funds available to educators throughout Oregon to help them turn their vision for specific arts projects into a reality. Kta awards range from $500-$2500 per project benefiting hundreds of kids - especially in underserved communities where a bit of help can make all the difference. In 2024, the organization distributed a total of $10,390 in grants to k-12 arts education programs in Oregon.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
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: 100
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7,226%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.61; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- 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 1/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.