The Santo Foundation
Nonprofit profile at a glance
- EIN
- 264193555
- IRS 990-EZ coverage
- 2013–2014
- Forms available
- Form 990-EZ 2014
- Location
- Saint Louis, MO, USA
- Phone
- 9402061043
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $33,130
- Expenses
- $33,362
- Assets
- $20,954
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LAURA BEARD (PRESIDENT, TREASURER & DIRECTOR)
- FIRMIN PURCELLI (VICE PRESIDENT)
- GARY PASSANISE (EXECUTIVE DIRECTOR, DIRECTOR)
People named in this filing
- LAURA BEARD (PRESIDENT, TREASURER & DIRECTOR)
- FIRMIN PURCELLI (VICE PRESIDENT)
- NATALIE ZURFLUH (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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the careers of visual artists with cash grants, travel stipends, speaker honoraria, exhibition opportunities, materials, shipping and workplace assistance.
What it reported doing in 2014
To assist & support visual artists via cash grants.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
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: 100
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.7%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 36; 36th 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: Limited
- Revenue growth: 0.8% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 31.9% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2013 to 2014
- 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 — Sustainability: Operating margin scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.