Racine Arts Council Inc

Nonprofit profile at a glance

EIN
396102948
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Racine, WI, USA
Phone
2626350261
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$54,807
Expenses
$52,648
Assets
$39,530
Liabilities
$794

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Marie Martin (Vice President)
  • NATHAN STAMPER (President)
  • Lesley Heines Walker (President)

People named in this filing

  • Diane Carlson (Executive Dir.)
  • Vicki Schmitz (Secretary)
  • Marie Martin (Vice President)

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

Founded in 1967, the racine ars council encourages, supports and advocates on behalf of emerging and established artists, artistic groups in our community and young people interested in the arts.

What it reported doing in 2024

Artroot wall poems project. The racine arts council is the fiscal receiver for the artroot wall poems project. The wall poems of racine is an artroot project in collaboration with university of Wisconsin-parkside and other community partners, the project celebrates local literary talent by pairing an excerpt from a poem written by a racine poet with a design created by a student from carey watters advanced graphic design class at uw-parkside. Each year, a poetry selection committee of local writers selects several poetry excerpts from racine poets and provides them to the uw-parkside graphic design students. Each student chooses an excerpt to incorporate into a design. Students visit the potential wall poem sites to meet the business owners, interview them about their business and ask how the design can help support their community. Students present their initial designs to a design review committee that includes the building owners and community representatives, and the committee provides feedback to the students. Students modify their designs based on the feedback and present them a second time to the committee. The committee chooses one or two final designs based on the number of walls available that year. The project is inspired by the wall poems of charlotte in North Carolina. Unlike the charlotte version, racine's project focuses exclusively on our rich and diverse local community of poets. The murals combine both visual and literary art, much like a poetry broadside, in autumn 2021, art root collaborated with the racine public library to produce the first indoor wall poem walt poem 3. This pilot project followed a somewhat different process, with a local artist selected to design and paint the wall poem.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up. 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: 49
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.1%; rating input score 48
  • Program expense ratio: 50%; rating input score 50

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: 3.9%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 33.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -5.8% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -3.4% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 48.1% of revenue deployed · 50% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2014 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.