The John G Shedd Institute for the Arts

Nonprofit profile at a glance

EIN
931045304
IRS 990 coverage
2020–2021
Forms available
Form 990 2021
Location
Eugene, OR, USA
Phone
5416876526
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Centers

Official website

Reported finances

Revenue
$3,811,686
Expenses
$3,087,139
Assets
$19,305,970
Liabilities
$1,723,361

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • Jonathan Brandt (Board President)
  • Christine Hogan (Board Vice President)
  • James Ralph (Executive Director)

People named in this filing

  • Randall Collis (Chair)
  • Ginevra Ralph (Vice-Chair; Director of Cultural & Community Services)
  • Greg Lyons (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. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The John G. Shedd Institute for the Arts is an education and performance center where people find and nurture community through discovery, creation and celebration.

What it reported doing in 2021

The Shedd Institute operates 2 cultural presenting series, a summer music festival, several self-produced concert series and regular musical theatre productions. Total served annually: ~60,000. [COVID-19 shutdown April-June 2020 resulted in truncation] - NOW HEAR THIS 2021-22: cultural presenting series: 31 concerts of all types: jazz, bluegrass, world music, folk, etc. - MR. TOM'S MAGICAL MOOMBAH 2021-22: 0 performances of 0 productions of a musical vaudeville for children. - SHEDD THEATRICALS 2021: 8 performances of 1 production of classic musical theatre/musical comedy. - SHEDD PRESENTS 2021-22: local artists presenting series: 17 performances of 8 productions- jazz, folk, & classical concerts. - SHEDD CLASSICAL 2021-22: The Shedd's art music series: 7 performances of 6 different concerts. - OREGON FESTIVAL OF AMERICAN MUSIC 2021: 14 historic jazz and popular music concerts, 5 lectures, 7 films, 1 community sing-alongs, etc. - OREGON FESTIVAL OF AMERICAN MUSIC 2022 Winter: 7 historic jazz and popular music concerts, 3 lectures, 4 films, 1 community sing-alongs, etc.

Operating model

Revenue model
Donor-supported. 75% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 86
  • Accountability: 74
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.1%; rating input score 54
  • Program expense ratio: 66.6%; rating input score 67
  • Fundraising efficiency: $11 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 6th 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: 96.6%; rating input score 97; 25th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 6.25; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings

Growth

  • Program expense growth: 111.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 44.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 54.1% of revenue deployed · 66.6% of spending went to programs
  • Governance: 28 of 29 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $0 · 30 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: Mission deployment rate scored 54/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.