Rx Art Inc
Nonprofit profile at a glance
- EIN
- 364375632
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2122608797
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $1,802,836
- Expenses
- $1,481,140
- Assets
- $5,135,135
- Liabilities
- $262,164
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- DIANE BROWN (PRESIDENT)
Highest reported compensation
- DIANE BROWN (PRESIDENT): $220,699 total reported compensation
- LINDSEY CASH (DEPUTY DIRECTOR): $170,864 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the aesthetic environment in pediatric hospital rooms by commissioning exhibition-quality works of art for display in patient rooms and areas of stress within pediatric hospitals.
What it reported doing in 2024
In fy2025, we completed a major installation of mickalene thomas artwork in the mezzanine of the ruth bader ginsburg hospital at nyc health + hospitals/south brooklyn health. The installation is a large-scale mosaic visible to all patients, visitors and staff members entering the hospital's lobby. The state of the art campus offers emergency care, updated labor & delivery suites and cutting edge surgical services.in honor of rxart's 25th anniversary, we produced "rxart: the artists and projects transforming health care spaces" a comprehensive publication of the organization's history and dedication to making hospitals a place of healing, creativity and hope. Additionally several new projects were underway and expected to be completed in fy26 and fy27.
Operating model
- Revenue model
- Donor-supported. 87% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 79
- Accountability: 91
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 62.8%; rating input score 63
- Fundraising efficiency: $3.33 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.9%; rating input score 93; 24th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.8%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 3.47; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 26.4%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 9.8% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 62.8% of spending went to programs
- Governance: 13 of 14 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $931K in reported program spending
- Leadership: top reported pay $221K · 16 people listed · 3 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.