Lee County Arts Council Inc

Nonprofit profile at a glance

EIN
570879685
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Bishopville, SC, USA
Phone
8034845090
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$165,646
Expenses
$79,919
Assets
$1,477,376
Liabilities
$0

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

Leadership & pay

17 people listed

Highest reported compensation

  • Eva Bramlett (receptionist/secretary): $9,537 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the arts council is to sponsor, facilitate, and encourage artistic, educational and cultural activities in lee county.

What it reported doing in 2024

1. Art exhibition and programs. The arts council/bishopville operahouse hosts a permanent exhibit of regional artists. Also host "artist of the month" exhibits in the main downstairs galleries with emphasis on new artists who have not been previously on display at the operahouse. These paintings as well as our "wall of fame" which recognizes local artists/musicians are on continuous display to be viewed by all visitors. The building itself is an historic building. The walls on the upstairs ballroom are decorated with restored posters which advertised acts appearing here in the 1890s. Downstairs is a workroom for instruction in painting and other media. Exhibits are viewed by approximately 4000+ guests annually.

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

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 82
  • Accountability: 63
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.6%; rating input score 46
  • Program expense ratio: 55.3%; rating input score 55
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th 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; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 51.8%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 18.49; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 11.9%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: -73.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 46.6% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 45.6% of revenue deployed · 55.3% of spending went to programs
  • Governance: 17 of 17 board members independent · 1 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $10K · 17 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 27/100.