Tampa Arts Alliance Inc

Nonprofit profile at a glance

EIN
824533259
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Tampa, FL, USA
Phone
8132205800
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$106,985
Expenses
$98,335
Assets
$43,757

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Andy George (President)
  • Jennifer Malin (Vice President)

People named in this filing

  • Gifted Productions (Executive Dir.)
  • Andy George (President)
  • Jennifer Malin (Vice President)

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

Tampa Arts Alliance Inc. will provide leadership to the arts and cultural community of City of Tampa and Hillsborough County, Florida by promoting the following: Growing the arts industry as an economic engine for the City of Tampa/ HIllsborough County: Supporting the creation of gallery, housing, venue, performance and related spaces for artists, theaters and related cultural organizations; Promoting Tampa/Hillsborough County as a tourism, convention, festival, and event destinations for arts and cultural activities in all forms; Assisting individual artists and arts/cultural institutions in establishing locations in Tampa/ Hillsborough County; The establishment of endowments and program funds for all arts and cultural organizations and projects.

What it reported doing in 2024

Artist Salon Series - The program produced pertinent programming for artists to learn, network and collaborate. Events registered over 160 individuals and spurred a number of collaborations and reached over 20,000 individuals across social media platforms.Artspace Tampa - The project is in process to build over 60 affordable live/work spaces for artists and attached gallery space. The project will not only have significant impact to the diverse population it houses. The expenditures this year produced architectural plans and due diligence critical to furthering the development. Outreach efforts promoted artists and informed the public on keys aspects of the arts and served as advocacy for the arts in Hillsborough County. The entire population was served.Vibrant Walls - This free online resource promotes the work of 95 artists who produced 150 plus murals in Tampa. The project team is comprised of a diverse group of leaders who represent different viewpoints and perspectives which amplify the communitys diversity. The searchable online map is promoted to and accessible by the general public, serving the entire region. The easy to quantify visuals of artwork demonstrate the creative culture of Tampa, which also supports it as being a travel destination.Tampa Arts Directory -- There are nearly 200 arts and cultural spaces to visit in Tampa and the listings are growing. The purpose of this directory is to 1) provide a snapshot of the density of arts activity in Tampa 2) inform the public of where to visit and why 3) drive traffic to arts organizations and artists paying rent.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.5%; rating input score 16
  • Program expense ratio: 16.9%; rating input score 17

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: 8.1%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 68.7%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 17.3% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 11.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 15.5% of revenue deployed · 16.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $17K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 16/100.
  • High — Financial Efficiency: Program expense ratio scored 17/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.