Kramlich Art Foundation

Nonprofit profile at a glance

EIN
852856219
IRS 990-PF coverage
2020–2024
Forms available
Form 990-PF 2024
Location
Oakville, CA, USA
Phone
4155190519
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Arts Education

Reported finances

Revenue
$206,493
Expenses
$230,693

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

Overview

Mission

Arts Education

What it reported funding in 2024

The foundation reported 1 grant totaling $13,657. The stated grant purpose was video documentation of the 2022 exhibition, double act. as the second in a series of three anniversary exhibitions celebrating the centraal museum's 100th year on agnietenstraat in utrecht, double acts brings together seminal works of time-based media art with masterpieces from the museum's permanent collection of seventeenth century dutch paintings. brilliantly conceived by artistic director, bart rutten, double acts, enjoyed unprecedented visitorship during its exhibition from october 8, 2022 january 15, 2023. the video documentation captured by the centraal museum provided essential historical, scholarly and curatorial content for the continued development of the kramlich art foundation's digital platform, plato..

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Direct operator. The foundation carried out 92% of its reported charitable disbursements directly.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 6
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 99

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 100th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 5.9%; rating input score 6; 7th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 1,647.39; rating input score 99; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 99th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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 — Cost Efficiency: Grant expense ratio scored 6/100.
  • Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.