Loveland Sculpture Invitational Inc

Nonprofit profile at a glance

EIN
841203808
IRS 990-EZ coverage
2013–2015
Forms available
Form 990 2012, Form 990-EZ 2015
Location
Loveland, CO, USA
Phone
9706697176
Rating confidence
Limited
Sector
Visual Arts Organizations

Reported finances

Revenue
$-3,889
Expenses
$11,457
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Victor Issa (Acting Presidnt)
  • Jerry Halsor (Treasurer)
  • Marc Fields (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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Primary Exempt Purpose (Mission Statement)1. Present an annual sculpture show & sale that brings together sculptors from around the country and abroad during a weekend in August to display their work and exchange ideas with other sculptors.2. Conduct a show that creates enough interest so that anyone can come and enjoy the work displayed by the sculptors.3. Use any profits made from the show to fund sculpture projects for the City of Loveland and to establish a fund for the study of visual arts.

What it reported doing in 2015

All Direct Costs of the Annual Sculpture Show allowing local, regional and national sculptors a forum for the show and sale of their artwork with net proceeds benefiting the Loveland community.

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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 12
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 30.5%; rating input score 31

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -394.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -77.1% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -22% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -41% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 30.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • 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: Program expense ratio scored 31/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.