The Pierians Inc

Nonprofit profile at a glance

EIN
521318611
IRS 990-EZ coverage
2014–2023
Forms available
Form 990-EZ 2023
Location
Richmond, VA, USA
Phone
8045915620
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Camps

Official website

Reported finances

Revenue
$38,972
Expenses
$106,288
Assets
$54,006

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

Leadership & pay

7 people listed

Executive titles in this filing

  • DR SYLVIA HOLLIFIELD (President)
  • ANITA WALKER (Vice President)

People named in this filing

  • DR SYLVIA HOLLIFIELD (President)
  • ANITA WALKER (Vice President)
  • DR TENYO PEARL (Recording Sec)

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

To bring together persons interested in the promotion of the fine arts and other artistic endeavors. To enhance the enjoyment of the arts through the pursuit of study and other activities. To give recognition to individuals in the community for their contributions to the arts. To encourage further study through giving awards and scholarships to students of music, arts, the theatre, the dance and related fields.

What it reported doing in 2023

Held quarterly meetings to highlight the artistic opportunities within specific geographic areas. Held a successful National Assembly in Richmond, VA with over 140 attendees. Increased membership in 10 of our 14 chapters(38 new members) Chartered 2 new chapters in Seattle-Tocoma, Washington (11 members) and Tampa Bay-St. Petersburg, Florida (16 members)to increase our active chapters to 16. Updated our website to increase its use by our members and enhance our digital and online presence. Provided membership training of new practices ane procedures to enhance chapter effectiveness. Restructured our policy and procedures. Attended cultural events within the chapter areas to enjoy and support the community arts.Supported young and emerging artists through attending plays, concerts, museums, and other cultural activities.Appointed a Strategic Planning Committee to create a 5-year plan to enhance our organization and expected growth.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96%; rating input score 96

Transparency & Controls

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

Sustainability

  • Operating margin: -172.7%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 29; 29th 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: 0.4% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $102K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2014 to 2023
  • 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.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.