Queen Creek Cultural Foundation Inc

Nonprofit profile at a glance

EIN
270224645
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Queen Creek, AZ, USA
Phone
4809877469
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Centers

Official website

Reported finances

Revenue
$842,567
Expenses
$714,982
Assets
$1,587,996
Liabilities
$1

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MOLLY JACOBS (President)

Highest reported compensation

  • MOLLY JACOBS (President): $50,675 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Form 990 - Organization's MissionThe Queen Creek Cultural Foundation's mission is to enrich the quality of life within our community by presenting Professinal Theatre, coupled with an Educational Outreach and Family Theatre Program, while nuturing and developing emerging talent.Form 990, Part I, Line 6Volunteer ushers are utilized during community theatre productions and otner events. Board members volunteer their time in management of the organization as stated on Part VII Section A, Part B - Schedule of average hours per week.Form 990 Part VI, Line 11b - Organization's Process to Review From 990. The Principal Officer reviews the accuracy of the Form 990 before filing with the Internal Revenue Service, annually.

What it reported doing in 2024

The Queen Creek Cultural Foundation's mission is to enrich the quality of life withing our community by presenting Professional Theatre, coupled with an Educational Outreach and Family Theatre Program, while nurturing and developing emerging talent.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 58
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 96.8%; rating input score 97
  • Fundraising efficiency: $453.11 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 15.1%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.22; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 96.8% of spending went to programs
  • Governance: 9 of 10 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $692K in reported program spending
  • Leadership: top reported pay $51K · 10 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 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 — Accountability: Governance controls: 7 of 8 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.