The Flagler Auditorium Governing Board Inc
Nonprofit profile at a glance
- EIN
- 593079371
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Palm Coast, FL, USA
- Phone
- 3864377547
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $699,839
- Expenses
- $615,458
- Assets
- $1,137,097
- Liabilities
- $111,750
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- PRISCILLA NETTS (VICE PRESIDENT)
- SANDRA SIEPIETOSKI (PRESIDENT)
- AMELIA FULMER (EXECUTIVE DIRECTOR)
Highest reported compensation
- JAY SCHERR (DIRECTOR): $5,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create a favorable climate for the arts in the community; to expand the reach of arts activity into the total community and encourage greater community awareness of arts activity; to provide a source for services and technical assistance to arts institutions; to establish lines of communication between arts institutions and public and private agencies; to raise the level of priority for arts education; to promote and encourage cultural and artistic activities in flagler county, Florida; to develop the artistic and cultural resources within such area; to encourage, sustain and support existing and future artistic and cultural institutions; and to encourage the public to give support, financial and otherwise, to all of such activities; to promote leadership and direction in planning, scheduling and promoting the performing arts and community use of the flagler auditorium.
What it reported doing in 2024
Providing flagler county with professional entertainment at affordable prices through the community use of the flagler auditorium in flagler county, Florida, through performance ticket sales, corporate sponsorships, showbill, direct grants for performances, and local operating grants.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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. Program spending has declined or grown slowly and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 94
- Accountability: 94
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82%; rating input score 82
- Program expense ratio: 96.8%; rating input score 97
- Fundraising efficiency: Limited
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: 100%; rating input score 100; 76th percentile among comparable filings
- 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 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.1%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0.9%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -1.8% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 82% of revenue deployed · 96.8% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $596K in reported program spending
- Leadership: top reported pay $6K · 15 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 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 — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.