Mayfair Inc

Nonprofit profile at a glance

EIN
232410531
IRS 990 coverage
2012–2015
Forms available
Form 990 2015
Location
Allentown, PA, USA
Phone
6104376900
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Celebrations

Reported finances

Revenue
$313,699
Expenses
$320,361
Assets
$8,225
Liabilities
$24,233

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

Leadership & pay

5 people listed

Executive titles in this filing

  • MICHAEL HILL (PRESIDENT)

Highest reported compensation

  • ARLENE DAILY - TERMINATED 9916 (EXECUTIVE DI): $62,300 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of mayfair is to showcase visual and performing artisits; increase audiences for the arts; build a sense of community; and develop future artists and audiences through educational programming.

What it reported doing in 2015

Mayfair, inc. Produces mayfair festival of the arts, a multi-day outdoor/indoor arts festival serving tens of thousands of people, which features a nationally juried artist market that offers 100+ fine art/fine craft booths, 2 stages offering a wide variety of live music and other performances, kidspace children's arts center offering a number of hands- on, interactive visual and performing arts activities for families; a nationally-juried fine art gallery; a free, full day arts field trip for area schools and homeschoolers; and we showcase local arts organizations for free to help promote growth in local arts audiences.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.6%; rating input score 86
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: $11.9 raised per $1 spent on fundraising; rating input score 46; 46th 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: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.1%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 2.95; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 19.4%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: -10.2% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -11.8% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 85.6% of revenue deployed · 83.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $268K in reported program spending
  • Leadership: top reported pay $62K · 5 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2012 to 2015
  • 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 — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.