Lux Nova Inc

Nonprofit profile at a glance

EIN
832515317
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
New Rochelle, NY, USA
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$162,300
Expenses
$140,250
Assets
$60,565
Liabilities
$2,240

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

Leadership & pay

11 people listed

People named in this filing

  • Reinaldo de Messier (Co-Chair)
  • Lynn Rochlis (Programs Director)
  • Gabrielle Pries (Secretary)

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

What is the organization's primary exempt purpose? Lux Nova, Inc. maintains program divisions in Human Services, Education, Youth Development, and Fine & Performing Arts

What it reported doing in 2024

ArtSpire provided 36 cultural field trips serving 440 students attending events at 16 arts partners to include Lincoln Center, Carnegie Hall, Broadway, and the Metropolitan Museum of Art. 18 need-based scholarships were awarded for pre-colleges arts study at 8 NYC arts schools.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.2%; rating input score 47
  • Program expense ratio: 54.6%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.6%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 31% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 37.4% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 46.4% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 47.2% of revenue deployed · 54.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $77K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.