Smith Mountain Arts Council
Nonprofit profile at a glance
- EIN
- 541568181
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Moneta, VA, USA
- Phone
- 9044493392
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $28,064
- Expenses
- $14,453
- Assets
- $31,171
- Liabilities
- $1,256
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Sheridan Brown (President/Director)
People named in this filing
- Sheridan Brown (President/Director)
- John Crawford (Treasurer/Director)
- Diane Ryan (Secretary/Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the Arts in Smith Mountain Lake Area through arts education and sponsorship of cultural events to the community
What it reported doing in 2025
Other Program Services Include sponsorship of small local concerts, co-sponsorship of performances of the Broadway musical Addams Family, and awards of scholarships to deserving students pursuing arts-related degrees. Due to the change in the tax year, all programs are not reflected in this return and, since the annual membership drive occurred during the short year, revenues substantially exceeded expenses, which would not be the case in a normal 12-month period.
Operating model
- Revenue model
- Earned-program. 64% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.6%; rating input score 64
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 48.5%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 2.16; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.5% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -22.6% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 63.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.