Lighthouse Artcenter Inc

Nonprofit profile at a glance

EIN
591118672
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Tequesta, FL, USA
Phone
5617463101
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Official website

Reported finances

Revenue
$2,169,874
Expenses
$1,998,294
Assets
$5,789,802
Liabilities
$2,086,241

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

Leadership & pay

19 people listed

Executive titles in this filing

  • JANE O'NEILL (VICE PRESIDENT)
  • JENI LICATA (EXECUTIVE DIRECTOR)
  • JENNIFER SCHORR (PRESIDENT)

Highest reported compensation

  • JENI LICATA (EXECUTIVE DIRECTOR): $83,391 total reported compensation

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

Overview

Mission

Lighthouse artcenter gallery and school of art (lac) is a for impact art center focused on community. Our vision is to inspire, engage, and connect all walks of life through the universal language of art. To achieve our mission, we offer art classes in media that vary from traditional to niche, display unique and captivating exhibitions, host social and educational events, and provide community-based art outreach programs to those in need.

What it reported doing in 2024

Lighthouse artcenter offers outreach and community art programs that increase access to the arts for individuals of all ages and backgrounds. These inclusive, hands-on experiences promote self-expression, connection, and well-being. Studies have shown that creative engagement can reduce stress, support mental health, and build resilience.to ensure accessibility and promote equity in the arts, lighthouse artcenter provides need-based scholarships and partners with local schools and organizations to deliver programs both onsite and in the community. Several offerings are tailored to meet the unique needs of specific populations, including individuals with special needs and veterans. Each week, more than 400 children receive free art education through these partnerships. Many of these students would not otherwise have access to arts programming.year-round fundraising supports these outreach initiatives and scholarships, helping remove barriers to participation and expand access to meaningful creative experiences.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.7%; rating input score 71
  • Program expense ratio: 74.5%; rating input score 74
  • Fundraising efficiency: $12.28 raised per $1 spent on fundraising; rating input score 44; 44th 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: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.9%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 2.9; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 11.5% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 11.1% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 70.7% of revenue deployed · 74.5% of spending went to programs
  • Governance: 19 of 19 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.5M in reported program spending
  • Leadership: top reported pay $83K · 19 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 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 — Accountability: Governance controls: 5 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.