Pro-am Performing Arts Corp

Nonprofit profile at a glance

EIN
474774182
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
The Villages, FL, USA
Phone
3524256430
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$64,918
Expenses
$29,483
Assets
$66,798
Liabilities
$0

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

Leadership & pay

3 people listed

People named in this filing

  • alex santoriello (director)
  • karen Santoriello (director)
  • Andy Couckuyt (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

Pro-Am produces high quality shows utilizing both professional and amateur performers. The process includes the education of senior citizens and amateur actors and singers. Additionally Pro-Am does whatever it can to assist young people in getting a firm footing in life. Pro-Am produces Carols by CandleLight, an annual holiday concert, employing professional artists and contributing profits from the show to various service organizations including Rotary and Shriners. Pro-Am is currently in the process of creating a performing arts scholarship for students interested in persuing a professional career in Musical Theatre.

What it reported doing in 2024

Thousands of senior citizens attended and participated in Carols by CandleLight, an annual charitable event. This will be the 9th year for Carols, which has helped to raise more than 200,000 for The Noon Villages' Rotary Club. Pro-Am is in the process of creating a Musical Theatre Scholarship for students determined to persue a career in the performing arts.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

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: 0
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 54.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.27; rating input score 68; 68th 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: -28.9% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 29.7% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2015 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.