Moca Ct Inc

Nonprofit profile at a glance

EIN
060890501
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Westport, CT, USA
Phone
2032227070
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$1,212,833
Expenses
$1,548,615
Assets
$5,426,001
Liabilities
$2,291,182

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

Leadership & pay

20 people listed

Executive titles in this filing

  • DEREK GOODMAN (EC/PRESIDENT)
  • JODI FELTON (CO-PRESIDENT)
  • ERIKA MILLER (CO-PRESIDENT)

People named in this filing

  • GARY COSGRAVE (DIRECTOR)
  • DEREK GOODMAN (EC/PRESIDENT)
  • BILL FELTON (CHAIRMAN OF THE BOARD)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Moca ct is a destination for contemporary visual arts exhibitions, music performances, and comprehensive arts education. Our mission is to build a deeper understanding of, and passion for, the arts by presenting thought provoking and relevant arts experiences. By sharing a diversity of genres and perspectives, moca westport strives to positively impact the community, and to connect and captivate the local, national, and international audiences that we serve.

What it reported doing in 2024

Visual arts: moca ct presents the art of today to build a dialogue, to affect our perceptions and beliefs, and to create transformative experiences. From local to national to international artists, our exhibitions and supporting programming both reflect and critically examine our society (our world).moca ct serves the region with special exhibitions of exceptional art from artists around the world, in addition to providing regional artists an important opportunity to be reviewed and juried into an annual summer exhibition highlighting the exceptional talent of the area. The center's exhibitions are designed to inspire passion and discovery and to build appreciation for the arts. Visual arts programs are created to offer a platform for dialogue, create conversation and to have a positive impact on the community. Entrance to the center is free and open to the public. Membership to the center is offered to individuals, families, partner organizations and sponsors. Through our guest curator program, the center works to bring the vision of the notable curators, art historian, gallerists, and critics to create original exhibitions on contemporary themes and subject matter that engages a broader community. Coordinated programming across the organization, with youth education, adult workshops, partner programs, and special events fosters an open exchange of ideas, with the exhibitions serving as a platform for discussion.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.9%; rating input score 92
  • Program expense ratio: 66%; rating input score 66
  • Fundraising efficiency: $2.25 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -27.7%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 3.5; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 91.9% of revenue deployed · 66% of spending went to programs
  • Governance: 20 of 20 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1M in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • High — Sustainability: Operating margin scored 6/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.