Three Rivers Center for the Arts Inc Dba 3Rivers Arts
Nonprofit profile at a glance
- EIN
- 237346419
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990 2012, Form 990-EZ 2013
- Location
- Framingham, MA, USA
- Phone
- 5087883473
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $185,118
- Expenses
- $201,095
- Assets
- $6,848
- Liabilities
- $14,887
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MONICA HINOJOS (PRESIDENT/CLERK)
People named in this filing
- JOHN AMARAL (FORMER TREASURER)
- MONICA HINOJOS (PRESIDENT/CLERK)
- DANIEL BALTER (TREASURER/DIRECTOR)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide quality arts education and events, support local artists, and spur the creative economy to enrich community life.
What it reported doing in 2013
Artworks summer camp; activities promoting physical & intellectual improvement for families. Theatre programs; productions of narnia and pied piper, promoting participant teamwork, self esteem and self expression. Masquerade ball building awareness and providing community support for local arts.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- 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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 12
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8.6%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 2.17; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 12.7% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: -34% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $200K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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.
- High — Sustainability: Operating margin scored 16/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 29/100.