Laguna Beach Cultural Arts Center
Nonprofit profile at a glance
- EIN
- 842736774
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022
- Location
- Laguna Beach, CA, USA
- Phone
- 9496522787
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $356,313
- Expenses
- $334,414
- Assets
- $3,476
- Liabilities
- $2,962
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Rick Conkey (Executive Director)
- Austin Barrow (BoD President)
People named in this filing
- Rick Conkey (Executive Director)
- Austin Barrow (BoD President)
- Jeff Yoder (BoD 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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
LB Cultural Arts Center provides a creative epicenter through exhibition space events and promotion to support artists in the following mediums: visual arts music video and still photography film dance prose and poetry and arts education.
What it reported doing in 2025
Concerts and performances by various artists
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 27
- Transparency & Controls: 83
- Accountability: 70
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.3%; rating input score 30
- Program expense ratio: 32.1%; rating input score 32
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 6.1%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0.85; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 18.8% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 27.7% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 30.3% of revenue deployed · 32.1% of spending went to programs
- Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $107K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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 30/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 5/100.