Social Art and Culture

Nonprofit profile at a glance

EIN
271071883
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2023
Location
Washington, DC, USA
Phone
8887727448
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$164,259
Expenses
$155,660
Assets
$27,502
Liabilities
$9,261

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KAREN BAKER (CO-FOUNDER/PRESIDENT)
  • NICOLE LEWIS (VICE PRESIDENT)

People named in this filing

  • KAREN BAKER (CO-FOUNDER/PRESIDENT)
  • NICOLE LEWIS (VICE PRESIDENT)
  • BRENT JOSEPH (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Social nbsp; art nbsp; and nbsp; culture nbsp; mission nbsp; centers nbsp; on nbsp; the nbsp; arts nbsp; as nbsp; a nbsp; sustainable nbsp; viable nbsp; and nbsp; vital nbsp; component nbsp; of nbsp; the nbsp; creative nbsp; and nbsp; general nbsp; economies nbsp; we nbsp; believe nbsp; in nbsp; using nbsp; the nbsp; power nbsp; of nbsp; the nbsp; arts nbsp; to nbsp; educate nbsp; and nbsp; advance nbsp; communities nbsp; on nbsp; the nbsp; margina nbsp; new nbsp; economically nbsp; sustainable nbsp; framework nbsp; that nbsp; invests nbsp; in nbsp; artisans nbsp; and nbsp; its nbsp; culture nbsp; social nbsp; art nbsp; and nbsp; culture nbsp; was nbsp; founded nbsp; in nbsp;2009 nbsp; as nbsp; a nbsp; collective nbsp; impact nbsp; organization

What it reported doing in 2024

Facilities and building repair for the opening of the artivism library collection. The private library is a free interactive literary spatial experience of a curated collection of books. The library is slated to open in fall 2026 in the historic anacostia arts and culture district in Washington d.c.

Operating model

Revenue model
Grant-funded. 70% of the money available for current operations came from government grants.
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 and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 88
  • Accountability: 82
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.3%; rating input score 68
  • Program expense ratio: 72.1%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 4th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 5.2%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 41.6% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 35.6% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 68.3% of revenue deployed · 72.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $128K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 18 of 20 current checks pass · 2 findings to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.