Lafontaine Arts Council Inc
Nonprofit profile at a glance
- EIN
- 310962054
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Huntington, IN, USA
- Phone
- 2603560640
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $102,252
- Expenses
- $76,092
- Assets
- $78,530
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ANN RICHARD (PRESIDENT)
People named in this filing
- ANN RICHARD (PRESIDENT)
- KAYLYNN MACKLIN (TREASURER)
- JESSIE BROWN (VICE PRESIDE)
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
Our mission is to present and promote the arts through vibrant programs and events, with a special focus on bringing arts education into huntington county schools each year. We're proud to support culturally rich experiences that enhance the quality of life across our county.
What it reported doing in 2024
Our mission is to present and promote the arts through vibrant programs and events, with a special focus on bringing arts education into huntington county schools each year.
Operating model
- Revenue model
- Donor-supported. 64% 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 and revenue comfortably covers expenses. 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: 46
- Transparency & Controls: 100
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.1%; rating input score 41
- Program expense ratio: 55.2%; rating input score 55
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: 25.6%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.03; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 41.1% of revenue deployed · 55.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $42K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Growth: Program expense growth scored 0/100.