The Wyoming Fine Arts Center
Nonprofit profile at a glance
- EIN
- 311454096
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5139481900
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $476,699
- Expenses
- $365,393
- Assets
- $793,999
- Liabilities
- $33,780
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Lydia Collins (Past Executive Director)
- Brad King (President)
- Brianna Matzke (Executive Director)
Highest reported compensation
- Lydia Collins (Past Executive Director): $52,693 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to educate, create experiences, and nurture appreciation in music and other creative and performing arts across all ages, races, abilities and backgrounds. We do this through excellence in teaching, creative programming, interdisciplinary experiences, community partnerships and engagement.
What it reported doing in 2024
Music programs; year-long instruction was offered in harp, piano, saxophone, trombone, trumpet, ukulele, viola, violin, voice, recorder, bass, cello, clarinet, drums, electric guitar, flute, French horn, gamba, and guitar. Weekly lessons take place at the Wyoming Fine Arts Center and are offered in 30, 45, or 60 minute sessions depending on the student's skill level and goals. There were 2,634 total individual music lessons for Fall 2024, Spring 2025, and Summer 2025, across 18 instructors. Another music program is Family Music, offered twice weekly for ages 0-5 with grownup participation to explore the joy of music together through a fun-filled adventure of bouncing, jumping, marching, singing, dancing, rocking, and wiggling. 43 children were registered.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 61
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.4%; rating input score 38
- Program expense ratio: 50%; rating input score 50
- Fundraising efficiency: $12.89 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- 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: 23.3%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 2.17; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 14.4%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: -5.3% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -1.3% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 38.4% of revenue deployed · 50% of spending went to programs
- Governance: 11 of 11 board members independent · 4 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $183K in reported program spending
- Leadership: top reported pay $53K · 13 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.