Lamplight Avl

Nonprofit profile at a glance

EIN
992470188
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Asheville, NC, USA
Phone
3392989629
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$158,041
Expenses
$46,040
Assets
$112,001

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

Leadership & pay

4 people listed

Executive titles in this filing

  • ADAM MCDANIEL (PRESIDENT)

People named in this filing

  • ADAM MCDANIEL (PRESIDENT)
  • EMILY MCDANIEL (EXECUTIVE DI)
  • J SEGER (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

We support artists by providing space, time, and resources for the creation of innovative art that they share with our community.

What it reported doing in 2024

In response to hurricane helene's devastating impact on the asheville area arts community, lamplight avl launched the recover, remain, and thrive program to help artists to recover from the storm, remain in the area, and continue to create the work that inspires our community. Funds in the first two phases (recover and remain) were distributed directly to artists, ensuring that recovery was both immediate and foundational, and maintaining the asheville area's identity as an arts haven for residents and visitors alike. In november of 2024, lamplight avl released the "recover" grants: 1500 to each of 20 artists (chosen from applications) who had been severely impacted by the storm. In the end of 2024 and the beginning of 2025, lamplight avl raised over 115,000, which was distributed in large grants to 9 regional community arts hubs (also chosen from applications) in february 2025. Lamplight avl is now working on the "thrive" phase of this program, which focuses on long-term, affordable studio and community arts spaces for artists.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.

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.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.1%; rating input score 29
  • Program expense ratio: 100%; rating input score 100

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: 70.9%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 85; 85th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 29.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $46K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 1 filing year from 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.