The Kristin Chenoweth Arts and Education Fund

Nonprofit profile at a glance

EIN
842172074
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Nashville, TN, USA
Phone
8189717300
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$341,710
Expenses
$197,710
Assets
$364,123
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • JERRY M CHENOWETH (PRESIDENT / DIRECTOR)
  • JUNIE S CHENOWETH (VICE PRESIDENT / DIRECTOR)

People named in this filing

  • KRISTIN CHENOWETH (CHAIRMAN OF THE BOARD)
  • MELODY YOUNG (TREASURER/ CFO / DIRECTOR)
  • JERRY M CHENOWETH (PRESIDENT / DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kristin chenoweth arts & education fund is a 501(c)3 charity committed to cultivating and celebrating young artistic expression by enriching children's lives through the power of education, entertainment and experience. We are able to create this kind of programming and provide tuition assistance for families in need through generous donations large and small.the effort will be focused on providing professional education and experience in areas that are not provided in schools or that the student might not otherwise have available. Current focus areas are:1. The kristin chenoweth broadway boot camp 2. The broken arrow arts center of creativity3. The Oklahoma city university performing arts center4. "places" - a pre-concert training for college students5. Master classes6. Ocu artist in residence7. Okc allied arts and other worthy arts, education projects8. Charity concerts & outside donors

What it reported doing in 2024

The kristin chenoweth broadway boot camp is held every summer at kristin's name sake theater at the broken arrow performing arts center. The objective of the camp is to facilitate a dream, develop creativity, instill confidence, provide experiences, hone talents, teach the value of hard work/grow ambition, lift others up and deal with negatives and failure. The staff for the camp are working broadway directors, actors, singers, musicians, dancers, backstage technical professionals and coaches providing the students with training and experience similar to the actual broadway profession all financed via small affordable fees, scholarships, donations and the kristin chenoweth arts and education fund.

Operating model

Revenue model
Donor-supported. 70% 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

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. 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: 66
  • Transparency & Controls: 83
  • Accountability: 54
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.9%; rating input score 59
  • Program expense ratio: 99.5%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 5th 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: 62.5%; rating input score 62; 17th 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: 42.1%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 34.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 15.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 18.4% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 58.9% of revenue deployed · 99.5% of spending went to programs
  • Governance: 5 of 8 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $197K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: Mission deployment rate scored 59/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.