Somerset Artists' Co-op

Nonprofit profile at a glance

EIN
464259263
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Somerset, OH, USA
Phone
4196805477
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$74,051
Expenses
$73,655
Assets
$22,627

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DALE HAGUE (PRESIDENT)

People named in this filing

  • DALE HAGUE (PRESIDENT)
  • CHRIS SHIRER (VICE-PRESIDE)
  • CINDY COOPERIDER (SECRETARY)

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

Public charitable purpose community arts organization

What it reported doing in 2025

Support expenses for the operation of the community arts organization. In addition, the somerset artists co-op served as a fiscal agent for the dolly parton imagination library of perry county from april 1, 2025 through september 30, 2025. The library was functioning under the auspices of the ludowici foundation but the foundation did not want the proceeds under their nonprofit status. So the co-op agreed to serve as their fiscal agent so youth would continue to receive free books, until they formed their own nonprofit. Note all funds were deposited in a separate checking account per the rules of the dolly parton foundation and the co-op received no compensation for serving as the fiscal agent, i.e. The imagination library of perry county used our EIN number (bank required) until september 30, 2025. The co-op reported the income (35,828.), under part i, line 1 and reported the transfer (35,828.) to their EIN number, under other expenses.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.2%; rating input score 99
  • Program expense ratio: 99.7%; 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: 0.5%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 99.2% of revenue deployed · 99.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $73K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.