SoLA Contemporary
Nonprofit profile at a glance
- EIN
- 611720055
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2017
- Location
- Los Angeles, CA, USA
- Phone
- 3129618480
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Service Organizations and Activities
Reported finances
- Revenue
- $94,366
- Expenses
- $81,435
- Assets
- $14,859
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Anefertiti Bowman (Chief Executive Officer)
People named in this filing
- Anefertiti Bowman (Chief Executive Officer)
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
We provide artwork to the community
What it reported doing in 2024
The organization provides art and cultural artistic expression to the community. Grantors - Lava/Mello
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- 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
STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 93
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.7%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 38.4%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 18.8% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 13.8% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: -9.2% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 92.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2018 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.