The Mystic Arts Association

Nonprofit profile at a glance

EIN
922380220
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023
Location
Bowling Green, KY, USA
Rating confidence
Limited

Reported finances

Revenue
$2,798
Expenses
$1,781
Assets
$1,017

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Ashley Swindle (President)
  • Mary Gibbs (Vice President)

People named in this filing

  • Ashley Swindle (President)
  • James Swindle (Treasurer)
  • Mary Gibbs (Vice 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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

TMAA operates for the purpose of providing events education workshops and resources to local small businesses or individuals that focus on various art mediums.

What it reported doing in 2023

The Mystic Arts Faire Soft opening hosted event partnered with KY Museum to launch the nonprofit and host an art exhibition with awards for voted contestants. Event included local artists an opportunity to display sell network and learn from others as well as free entertainment.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 36.3%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.