Kindred Arts Inc

Nonprofit profile at a glance

EIN
473374361
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2017
Location
New York, NY, USA
Phone
9176856855
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$56,368
Expenses
$34,938
Assets
$7,837
Liabilities
$145,814

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MARSHA REID (EXECUTIVE DIRECTOR)

People named in this filing

  • MARSHA REID (EXECUTIVE DIRECTOR)
  • BETSY EATON (TREASURER)
  • KHARY LAZARRE WHITE (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

Kindred arts is a cultural equity initiative conceiving of and executing community arts programming in public spaces.

What it reported doing in 2024

Advancing & developing seasonal programs - kindred arts is a cultural equity initiative that conceives of and produces public art interventions and community programs in public spaces. Programs that celebrate multicultural traditions and histories, commemorate the diverse heritage of public spaces and contribute objects to the public realm that tell a more honest and representative story of our shared history.

Operating model

Revenue model
Donor-supported. 73% 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

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.4%; rating input score 29
  • Program expense ratio: 47.4%; rating input score 47

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: 38%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 18.61; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -157.2% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -6.6% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 16.8% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 29.4% of revenue deployed · 47.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $17K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 29/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.