Sammons Center for the Arts
Nonprofit profile at a glance
- EIN
- 751785673
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 2145207789
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $1,513,647
- Expenses
- $1,698,160
- Assets
- $2,168,964
- Liabilities
- $335,381
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MICHAEL RIDDLE (PRESIDENT)
- JOSHUA BLACK (VICE PRESIDENT)
- JOANNA ST ANGELO (EXECUTIVE DIRECTOR)
Highest reported compensation
- JOANNA ST ANGELO (EXECUTIVE DIRECTOR): $127,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The center grows the arts, in and for this community, by providing essential support uniquely focused on the needs of local performing artists, art groups, audiences, and arts education to enrich the lives of people of all ages and backgrounds.
What it reported doing in 2024
The center provides the north Texas community with resources and a facility for performing artists and nonprofit organizations to pursue their craft. Through its cultural community resources program, the sammons center is the sole provider of an affordable facility and administrative, operational and educational resources for small and midsize performing arts groups in north Texas. It is home to 14 performing arts groups representing dance, theater, orchestral music, and choral music. It provides low-cost rehearsal, audition, meeting, workshop and performance space to its resident groups and more than 90 other nonprofit cultural organizations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 95% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 97
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.9%; rating input score 100
- Program expense ratio: 89%; rating input score 89
- Fundraising efficiency: $16.57 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -12.2%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.28; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 7.5%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 99.9% of revenue deployed · 89% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $127K · 11 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.