Ormond Beach Arts District Inc

Nonprofit profile at a glance

EIN
811241988
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Ormond Beach, FL, USA
Phone
3864922938
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$40,390
Expenses
$6,609
Assets
$48,223
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Julia Truilo (President, Board of Directors)
  • Judith Stein (Vice President, Board of Directors)

People named in this filing

  • Julia Truilo (President, Board of Directors)
  • Judith Stein (Vice President, Board of Directors)
  • Libby Vescovi (Treasurer, Board of Directors)

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

To further the arts and arts education in ormond beach and to promote awareness of downtown ormond beach as a unique area for arts, culture, and history.

What it reported doing in 2024

The Ormond Beach Arts District leased a second set of 12 sculptures from the Seward Johnson Foundation to create a temporary sculpture exhibit in the central downtown district. The sculptures are all at publicly available sites, including public parks and shopping areas. Thousands of locals and visitors saw the original set of sculptures (11/24 through 4/25). More than 5000 printed maps of the exhibit were distributed, and over 9000 used the online version of the map. Similar foot traffic and engagement is expected during the 2026 exhibition, which runs from January 15, 2026, through June 15, 2026. Most expenses for this exhibit will fall in FY 25-26

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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.

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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 100
  • Sustainability: 87
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 9%; rating input score 9
  • Program expense ratio: 55.1%; rating input score 55

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: 83.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 7.3; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -163.2% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -26.5% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 107.8% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 9% of revenue deployed · 55.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 9/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.