Maker Institute
Nonprofit profile at a glance
- EIN
- 921125009
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Richmond, VA, USA
- Phone
- 8043634326
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
- Affiliation
- Christianity
Reported finances
- Revenue
- $164,557
- Expenses
- $108,430
- Assets
- $136,409
- Liabilities
- $269
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Ryan Lauterio (Executive Director and CEO)
People named in this filing
- Ryan Lauterio (Executive Director and CEO)
- Cory Simpson (Chief Financial Officer)
- Garreth Blackwell (Director and Chief Operating Officer)
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
To educate artists on the intersection of theology and the arts and to be creators of Christ centered culture. We provide mentored teaching to help artists increase in their skills as an artist and teach them about the Bible to help them grow closer to God and to inspire their future works.
What it reported doing in 2024
The first year of classes began August 2024. We were able to serve 16 students in our hybrid program. Our faculty offered online lectures and discussions in art and theology as well as one on one art critiques and development. Students were able to meet for an in person intensive week two times during the fiscal year for class, field trips, and group discussions. Expenses went towards Salary for our director who lead in teaching our classes ($63,000) and the remainder went towards art supplies, chairs, desks, software, hardware, etc all directed to teaching our students.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.4%; rating input score 47
- Program expense ratio: 72%; rating input score 72
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: 34.1%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 58.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 184.3% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 76.6% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 53.7% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 47.4% of revenue deployed · 72% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 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.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.