Living Arts Collaborative Inc
Nonprofit profile at a glance
- EIN
- 872065261
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- New York, NY, USA
- Phone
- 3014377869
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $138,152
- Expenses
- $109,266
- Assets
- $51,665
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- STEVEN HERRING (Executive Dir.)
- H BENJAMIN STEINER (Dir Operations)
- BEATA MOON (Chairman)
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
Living Arts Collaborative, Inc. (LAC) aims to make the musical arts accessible and relevant to kindergarten through high school-age students, fosteringin them the appreciation of the musical arts and unleashing creativity, imagination, and innovation in all areas of their lives. Through interactiveworkshops and concerts, LAC uses music as a basis for social and emotional learning, understanding and integrating empathy, and cultivating toleranceand openness to new ideas. Using music to engage and entertain, the teaching artists of LAC connect their programs to the school curricula and meetNew York State education standards at all times. The values that LAC imparts to students are intrinsic to the musical arts, but are not always identifiedand consciously fostered in traditional musical arts education programs. With LAC's approach, students will gain technical and practical musicalproficiency, as well as a better sense of who they are as individuals in an ever-changing world.
What it reported doing in 2024
Central valley central school district111 frederick street, ilion, ny 13357herkimer county, new yorkamount spent: $25,969.88number of students: 2184grades: 5-12lac artists: briana sheriff, voice; steven herring, voice; luc cheng, piano; justin hines, percussion; zeynep alpan, violin; zachary hann, saxophonedescription: lac artists conducted 47 intensive workshops over a five day residency, for students in band, choir, orchestra, and music theory. There was also an evening concert which included student and school music teacher performances, accompanied by the lac artists. Additionally, lac presented seven full student body assembly performances.curriculum focus by grade: (5) managing emotions, developing empathy, the power of positive movement, bravery and strength; (6-12) recognition of female composers, contributions of women, how women are actively changing the future of music, music and activism.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.7%; rating input score 53
- Program expense ratio: 66.6%; rating input score 67
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: 20.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 11.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 15.9% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 52.7% of revenue deployed · 66.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $73K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 20/100.