Superior Arts Institute
Nonprofit profile at a glance
- EIN
- 464054499
- IRS 990 coverage
- 2021–2022
- Forms available
- Form 990 2022, Form 990-N 2020
- Location
- Camden, NJ, USA
- Phone
- 8569161728
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $278,443
- Expenses
- $224,771
- Assets
- $59,086
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Samir Nichols (Executive Director)
- Sheilah Greene (Board President)
- Sally Jackson-Macklin (Board Vice President)
Highest reported compensation
- Samir Nichols (Executive Director): $45,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide community outreach and development through the arts for educational and charitable purposes.
What it reported doing in 2022
SAI has written and performed an original playwright titled Town Hall Resolution 50, which focused on environmental racism and landed our cast and crew on Good Morning America. We launched a youth-based Camden Society of Filmmakers club to engage young artists in creative storytelling through film, with the youth first assignment being a three-part episode docu-drama called Town Hall Resolution 50, The Series continues the dialogue around environmental racism and its impacts on communities of color. Additionally, we debuted the Greater Camden Area Artist Fund to provide direct assistance mini-grants to BIPOC artists who are making meaningful contributions to the arts and culture community of Camden and who were impacted by a loss of revenue due to COVID-19. We provided grants with awards to artists.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 60
- Accountability: 69
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.1%; rating input score 75
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 0th 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.3%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 20%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 67.3% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 84.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 166.4% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 75.1% of revenue deployed · 93% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $209K in reported program spending
- Leadership: top reported pay $45K · 8 people listed
- Consistency: 12 of 20 current checks pass · 8 findings to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 6 of 8 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX AllOtherExpenses column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX CompCurrentOfficersDirectors column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Insurance column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OtherSalariesAndWages column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column 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 13/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.