Monroe Arts Center Foundation Inc

Nonprofit profile at a glance

EIN
391704821
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Monroe, WI, USA
Phone
6083285134
Rating
58
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$31,328
Expenses
$8,230
Assets
$244,752

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Charles R Wellington (President)

People named in this filing

  • Charles R Wellington (President)
  • Patt Carter (Director)
  • Marilyn Pfarr (Treasurer)

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

Endowment for funding MAC, Inc.

What it reported doing in 2024

The Organization was founded to provide a permanent endowment for funding the Monroe Arts Center, Inc.

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
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18.6%; rating input score 19
  • Program expense ratio: 70.8%; rating input score 71

Transparency & Controls

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

Sustainability

  • Operating margin: 73.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 29.74; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: -13.2% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -5.5% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 18.6% of revenue deployed · 70.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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: Mission deployment rate scored 19/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.