Provincetown Public Art Foundation
Nonprofit profile at a glance
- EIN
- 843981267
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Provincetown, MA, USA
- Phone
- 6174473762
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Visual Arts Organizations
Reported finances
- Revenue
- $65,341
- Expenses
- $85,689
- Assets
- $39,103
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- SAMUEL TAGER (EXECUTIVE DIRECTOR)
- ROMOLO DEL DEO (PRESIDENT)
People named in this filing
- SAMUEL TAGER (EXECUTIVE DIRECTOR)
- ROMOLO DEL DEO (PRESIDENT)
- WIEBE TINGA (TREASURER)
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
The provincetown public art foundation is dedicated to telling the story of provincetown's, past, present and future with public art.
What it reported doing in 2024
Bryant saltworks art site project - the bryant saltworks (467 commercial st.) site is a 12' x 12' deck platform that we built to stage sculpture exhibitions. In '23 we purchased materials and constructed the deck with our own volunteer labor. In early summer '23, we installed a sculpture by the artist andrew mowbrey (installed july - september). We catered opening and closing events and held a fundraiser featuring andrew's work at the provincetown art society.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.1%; rating input score 90
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: -31.1%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 11.7%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 50.7% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -13.7% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -40.7% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $77K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.