The Art House Inc

Nonprofit profile at a glance

EIN
800463068
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016
Location
Greensboro, VT, USA
Phone
8025339370
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$66,254
Expenses
$72,769
Assets
$28,040
Liabilities
$5,360

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • PEGGY SAPPHIRE (PRESIDENT)

People named in this filing

  • LAURA BRITTON (TREASURER)
  • RIVA REYNOLDS (SECRETARY)
  • PEGGY SAPPHIRE (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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our primary purpose is to cultivate artistic and literary creative interests in the northeast kingdom and surrounding communities, and support the local economy, through a broad range of community events and educational initiatives for youth and adults.

What it reported doing in 2016

Our primary purpose is to cultivate artistic and literary creative interest in the northeast kingdom and surrounding communities. This is achieved by the following programs: studio night out-a year long guided studio program for middle and high school students. Classes are founded in a wide range of visual art practices and held 12 times over the year. Students are also introduced to community mentors and local artist. In 2016, this program served 22 students. Caution wet paint-an after school enrichment program for students k-8th grade. Caution wet paint is brought to 6 local schools and teaches visual art, design, engineering, perfromance arts and more. In 2016, this program served 108 students. Get up & move-a preschool enrichment program for early childhood students, in 3 different schools. Teaching artists teach music and movement to ages 1-6. In 2016, this program served 47 students.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.8%; rating input score 97
  • Program expense ratio: 99.5%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -9.8%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 35.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 26.6% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 16.2% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -11.5% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 96.8% of revenue deployed · 99.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $72K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.