Talbot Street Art Fair Inc
Nonprofit profile at a glance
- EIN
- 351362946
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Fishers, IN, USA
- Phone
- 3173743629
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $111,006
- Expenses
- $121,740
- Assets
- $56,788
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- GAYLE HERRLI (PRESIDENT)
People named in this filing
- GAYLE HERRLI (PRESIDENT)
- TAYLOR WALKER (VICE PRESIDE)
- CHRISTINE DAVIS (TREASURER)
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
Talbot street art fair, inc. Is a statewide non-profit educational and professional organization dedicated to encouraging the highest creative expression of the artist-craftsman, with the intention of fostering a greater production of works of excellence and originality; to stimulate public appreciation and awareness of the art of the artist-craftsman by promoting individual and group exhibitions; and to effect an interchange of ideas and marketing information between the members within the organization, and between talbot street art fair inc. And similar organizations
What it reported doing in 2024
Funds raised by the talbot street art fair, inc. Are used to sponsor scholarships, programs, exhibitions, lectures and demonstrations at the university of indianapolis and heron i u school of art, which are free and open to the public. Talbot street art fair inc. Encourages public appreciation and awareness of art through such program grants. In tax year 2024, 2,500 was granted to each educational institution.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.9%; rating input score 10
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9.7%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 13.6%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 73% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -6.3% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 9.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Sustainability: Operating margin scored 16/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 19/100.