Northwest Michigan Arts & Culture Network
Nonprofit profile at a glance
- EIN
- 831282144
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Traverse City, MI, USA
- Phone
- 2317140944
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $92,915
- Expenses
- $138,923
- Assets
- $37,530
- Liabilities
- $543
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- AMY GILLARD (PRESIDENT)
- CINDY MCSURELY (VICE PRESIDENT)
- TROY DESHANO (EXECUTIVE DIRECTOR)
Highest reported compensation
- TROY DESHANO (EXECUTIVE DIRECTOR): $44,583 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the northwest Michigan arts & culture network ("the network") is to harness the collective power of the creative sector to cultivate vibrant communities by strengthening the regional ecosystem that supports arts and culture. We do our work through networking, education, promotion, grant opportunities, and backbone services to serve and strengthen northwest Michigan's arts, culture and creative sector.
What it reported doing in 2024
Redesigned the annual art & culture summit in response to collected feedback from constituents and past attendees. The updated gathering shifted from an informational approach to a more inspirational gathering designed to meet the primary need for greater connection in the arts and culture sector. The event was expanded to two days, moved to downtown traverse city, and included keynote speakers and regional performers, visual arts, and experiences along with the educational workshops and breakout sessions that have been an important part of this longstanding event. The new summit convened 150 individuals from the arts community from 15 counties, and over 40 presenters and performers.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 78
- Accountability: 90
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.1%; rating input score 90
- Program expense ratio: 60.3%; rating input score 60
- Fundraising efficiency: $15.44 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 3rd 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; 64th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -49.5%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 32.1%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 90.1% of revenue deployed · 60.3% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $84K in reported program spending
- Leadership: top reported pay $45K · 13 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 3 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.