Summer Festival of the Arts
Nonprofit profile at a glance
- EIN
- 010541280
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2013, Form 990-EZ 2024
- Location
- Southwest Harbor, ME, USA
- Phone
- 2072443855
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $130,441
- Expenses
- $127,133
- Assets
- $4,778
- Liabilities
- $19,200
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TENNILLE CLEMENS MOORE (PRESIDENT)
People named in this filing
- TENNILLE CLEMENS MOORE (PRESIDENT)
- MATTHEW HOCHMAN (TREASURER)
- CARESSE HANSON (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage a community of artists of all ages where children can express themselves creatively through a wide range of artistic endeavors, gain a lifelong appreciation for the diversity of the creative spirit, and celebrate that creativity through the performing and non-performing arts.
What it reported doing in 2024
Three week arts camp for young people entering grades 1-11 offering classes in the visual arts, crafts, music, dance, creative writing, theater, filmmaking and more taught by working artists whose common goal is to inspire the imagination and have fun.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.6%; rating input score 68
- Program expense ratio: 69.3%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 4.02; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 67.6% of revenue deployed · 69.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.