National Performing Arts Funding Exchange

Nonprofit profile at a glance

EIN
811149904
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Washington, DC, USA
Rating
92
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$198,791
Expenses
$228,764
Assets
$148,042
Liabilities
$27,298

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

Leadership & pay

3 people listed

People named in this filing

  • Clifford Brody (Executive Drector)
  • William Brody (Director)
  • Isabelle Nelson (Director)

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

The National Performing Arts Funding Exchange - NPAFE - is the countrys only nonprofit providing complete pro bono marketing services to performing artists. NPAFEs companion focuses are arranging corporate sponsorships that materially expand the funding available to the nations exceptional community of acclaimed entrepreneur-performing artists financially supporting emerging artists programming and offering low- and no-cost support services for non US citizen resident performing artists to obtain performing artist O1-B US visas.

What it reported doing in 2024

During 2024 the National Performing Arts Funding Exchange - NPAFE awarded 64 performing artists and performing arts groups financial support ranging from $ 100 to many thousands of dollars together with over $100,000 in direct pro bono marketing plus direct support to a Ukrainian refugee student of ballet. NPAFE continued organizational and promotional support to open AAlchemy to introduce US audiences to creative works from outside the United States64

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 93
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -15.1%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 64% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -12.5% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $242K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.