Ofcolor

Nonprofit profile at a glance

EIN
883805744
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Austin, TX, USA
Rating confidence
Limited
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$62,687
Expenses
$25,398
Assets
$44,442

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

Leadership & pay

4 people listed

People named in this filing

  • Nathan Ward (Treasurer)
  • Russell Dizer (Chairman of Board)
  • Steven Hatchett (Secretary)

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

_OFCOLORs mission is to advance racial equity in the arts by supporting artists of color in Central Texas through accessible exhibitions community-centered events and educational programming that increase visibility professional development and economic opportunity. During the reporting period OFCOLOR carried out mission-aligned arts and cultural programs that served artists and the public. These activities included producing curated art exhibitions and cultural events featuring Black and BIPOC artists; hosting film screenings panel discussions and community gatherings that promoted cultural awareness and dialogue; and providing direct artist support through stipends exhibition opportunities and professional exposure. OFCOLOR also engaged community members through accessible public programming designed to expand participation in the arts and strengthen connections between artists and audiences across Central Texas.

What it reported doing in 2024

_OFCOLOR hosted Barbara Jordan Foundation Art Exhibition Latino Art Month and Rituals programming which included film screenings post-screening panel discussions intentional community gatherings and culturally grounded experiences designed to center storytelling reflection and connection. These programs highlighted Black Latino and Asian artists filmmakers and cultural practitioners while fostering dialogue cultural awareness and community wellness. During the tax year these programs benefited approximately 2025 artists and panelists and served 500-650 community participants.

Operating model

Revenue model
Donor-supported. 86% 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 63
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 59.5%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 10.5%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • 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: Officer compensation ratio scored 9/100.