South Fulton Institute Inc

What it reported doing in 2024

The South Fulton Institute mission is to be a regional catalyst for the advancement of Art, Education, and the Environment enriching lives and communities. We envision a world where the Arts intersect with the education and the environment reaching from South Fulton to Atlanta and beyond. We seek to create an artistic environment that models humanity, is socially just, is reflective of, and celebrates the regional diversity of the Southeastern United States and our increasingly global community. By actively refuting any notions of inequity and inequality, we seek to decenter whiteness, patriarchy, ableism, binary gender constructs, and other tools of systemic oppression. We acknowledge and honor the identities and lived experiences of our community. Therefore, we invest the appropriate time, money, care, and respect necessary to reflect and respect the value of the stories we choose to tell, as well as the people involved in telling them. We commit to remaining mindful about how our art fits in the current and ever-changing socio-political landscape and we will reevaluate our work at the end of every season to ensure that our art is authentically serving our community.As such, we commit to programming that ignites courageous conversations and transcends barriers to human connection.We have two signature programs: Create and Courageous Conversations. Create is a partner program where we collaborate with local artists, arts nonprofits, and schools to produce free accessible arts programming. Through an open application process, we select new partners on an annual basis. Courageous Conversations was developed to build audiences in South Fulton county, provide artistic opportunities for local artists, and to use art as the catalyst for vital community conversations. We achieve this by producing 6-8 portrait documentary style short films about local artists, producing a 4 play reading series with facilitated community conversations, and producing a bi-weekly Podcast featuring local artists.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 83.6%; rating input score 84
• Fundraising efficiency: $3.24 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

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: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -201.9%; rating input score 1; 1st percentile among comparable filings
• Total-asset coverage ratio: 1.47; rating input score 51; 51st percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 18.2%; rating input score 21; 21st percentile among comparable filings

Growth

• Program expense growth: -3% per year; rating input score 0; 21st percentile among comparable filings
• Revenue growth: 2% per year; rating input score 100; 35th percentile among comparable filings
• Asset growth: 9.7% per year; rating input score 100; 65th percentile among comparable filings