New Hampshire Art Association Inc

What it reported doing in 2024

Program service accomplishmentsexhibitions & public programsin its 85th anniversary year, the New Hampshire art association (nhaa) presented a full calendar of exhibitions showcasing the work of members and regional artists. Nhaa mounted more than 50 exhibitions across its network of galleries in portsmouth and beyond, featuring painting, photography, sculpture, ceramics, installation, and interdisciplinary work. These shows attracted an estimated 12,000 visitors throughout the year, supporting both emerging and established artists and strengthening public access to the visual arts.artist support & professional developmentnhaa provided a range of artist development opportunities designed to help creators advance their careers. This included monthly critique groups, workshops, and professional artist talks. More than 200 artists participated in these programs. Nhaa also continued to offer juried exhibitionssuch as fledgling: artists under 30 and member-wide themed showsthat provide tangible benchmarks and visibility for artists at all stages of their careers.biennial exhibition initiativenhaa continued planning efforts for biennial two, an expanded regional exhibition developed in partnership with the gallery at jimmy's. This initiative aims to double the number of artists exhibited compared to the previous biennial and to accommodate larger-scale and installation works. This year's progress included curatorial planning, community partnerships, and outreach to new england artists, strengthening nhaa's regional impact and elevating opportunities for contemporary art engagement.community engagement & public accessnhaa remained committed to making the arts accessible to the public. All gallery exhibitions were free and open to visitors throughout the year. The organization also participated in community events, including art 'round town, monthly public receptions, and collaborations with local partners. Nhaa served community members through in-person visits, events, classes, and outreach initiatives.youth & emerging artist programsnhaa continued building pathways for young artists through the artists under 30 program and its annual fledgling exhibition. These programs support early-career creatives with exhibition experience, networking, mentorship, and professional resources. In its latest cycle, the program supported over 80 young artists and welcomed hundreds of attendees to public programming.membership serviceswith a membership of more than 400 artists, nhaa provided year-round opportunities for exhibition, education, visibility, and community connection. Member artists collectively exhibited hundreds of artworks across nhaa venues, and many expanded their careers through sales, commissions, and recognition facilitated by nhaa's platforms.

Financial Efficiency

• Mission deployment rate: 67.4%; rating input score 67
• Program expense ratio: 65.6%; rating input score 66
• Fundraising efficiency: $3.05 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th 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: 4 of 7 controls in place; rating input score 57
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -2.2%; rating input score 34; 34th percentile among comparable filings
• Total-asset coverage ratio: 1.2; rating input score 45; 45th percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 6.2% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings