La Napoule Art Foundation
Nonprofit profile at a glance
- EIN
- 135638284
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 7206478529
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Promotion of International Understanding
Reported finances
- Revenue
- $1,793,327
- Expenses
- $1,733,896
- Assets
- $2,785,243
- Liabilities
- $696,302
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- NATASHA C GALLAWAY (PRESIDENT)
- HENRIETTA T CLEWS (VICE PRESIDENT)
Highest reported compensation
- NATASHA C GALLAWAY (PRESIDENT): $55,150 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
La napoule art foundation nurtures artistic talent through residencies and community outreach, fostering the creative process as a catalyst to advance intercultural understanding.
What it reported doing in 2024
The henry clews museum is dedicated to preserving the legacy of henry and marie clews, and promoting art that serves the greater good. The museum sponsors exhibits at the chateau de la napoule that celebrate the work of henry clews and a wide range of accomplished and emerging contemporary artists. To help foster future generations of art lovers and artists, the museum hosts hundreds of school children, ages 5-13, annually for 2-hour arts workshops at the chateau. Additionally, children visiting the chateau are offered a free treasure hunt that leads them on an adventure through the chateau's gardens and provides an exciting and educational way to visit the museum. Certain interior and exterior locations of the chateau are offered as a venue providing unique historical and aesthetic value to various third parties.
Operating model
- Revenue model
- Earned-program. 74% 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 - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 55
- Accountability: 68
- Sustainability: 49
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 84
- Program expense ratio: 86.8%; rating input score 87
- Fundraising efficiency: $16.54 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.61; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 84.5% of revenue deployed · 86.8% of spending went to programs
- Governance: 9 of 10 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $55K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.