The Amistad Center for Art & Culture Inc
Nonprofit profile at a glance
- EIN
- 222849122
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hartford, CT, USA
- Phone
- 8602782670
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $679,636
- Expenses
- $856,009
- Assets
- $580,440
- Liabilities
- $67,358
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- Diane Cloud (Vice President)
- EMILIE DEBRIGARD (Vice President)
- Jeffrey Moyer (President)
Highest reported compensation
- Sarah Clunis PhD (Executive Dir.): $134,024 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Amistad Center for Art & Culture, Inc. is a dynamic cultural institution that cares for and provides public access to its collection of more than 7,000 works of art and artifacts that document the African American experience and can be considered a national treasure. Through high caliber exhibitions and culture-based education programs and events inspired by this collection, The Amistad Center engages, enlightens, and entertains art enthusiasts, scholars, students, individuals and families throughout the Greater Hartford region and, through traveling exhibitions, the nation. The Amistad Center is housed in the Wadsworth Atheneum Museum of Art, the country's oldest public art museum, which uniquely enables our institution to serve and satisfy a variety of audiences and interests.
What it reported doing in 2024
CURATORIAL ACTIVITIES INCLUDE EXHIBITION PLANNING, DEVELOPMENT AND IMPLEMENTATION; PARTICIPATING IN WADSWORTH COMMITTEES AND PROJECTS RELATING TO MUSEUM-WIDE EXHIBITION PROGRAMMING, MUSEUM-WIDE COLLECTION INSTALLATION AND INTERPRETATION; STAFFING THE CURATORIAL COMMITTEE OF THE BOARD OF TRUSTEES. COLLECTION ACTIVITIES INCLUDE CARE (CONSERVATION, FRAMING), MANAGEMENT (LOANS, INVENTORY, RECORD KEEPING), DEVELOPMENT (PURCHASES, GIFTS) AND SCHOLARLY RESEARCH OF THE AMISTAD CENTER'S COLLECTION OF MORE THAN 7,000 WORKS OF ART, ARTIFACTS AND DOCUMENTS.Exhibition related activities include the development of the exhibition concept, creation of the checklist of works to be included in the exhibition, coordination of loans and conservation of artwork with museum personnel, writing explanatory labels and wall text, writing and coordinating the design of catalogues or other publications and information to be present on the website, coordinating image use permissions, working with artists to create or install work, opening receptions and events, docent training.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 20
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 53.7%; rating input score 54
- Fundraising efficiency: $6.52 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -26%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 15.7%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 53.7% of spending went to programs
- Governance: 24 of 24 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $460K in reported program spending
- Leadership: top reported pay $134K · 25 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- 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.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- High — Sustainability: Operating margin scored 7/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.