The Libbey Bowl Foundation

Nonprofit profile at a glance

EIN
452874153
IRS 990-EZ coverage
2012–2015
Forms available
Form 990 2014, Form 990-EZ 2015, Form 990-N 2011
Location
Ojai, CA, USA
Phone
8056463117
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue
$33,450
Expenses
$64,880
Assets
$62,731

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • GARY BARNHART (President)

People named in this filing

  • GARY BARNHART (President)
  • JIM MALONE (Treasurer)
  • TOM KRAUSE (Secretary)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The libbey bowl foundation is committed to make libbey bowl a leading outdoor venue consistent with ojai's diverse interests in the performing arts while making a significant contribution to the economic and artistic vitality of ojai.

What it reported doing in 2015

The primary purpose of this corporation shall be to manage and operate libbey bowl for the benefit of the ojai valley, economiclly, culturally and educationally. - bylaws of the libbey bowl foundation.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 75
  • Sustainability: 24
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.8%; rating input score 66
  • Program expense ratio: 33.9%; rating input score 34

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -94%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -38.5% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -20.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 65.8% of revenue deployed · 33.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2015
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.