Tibetan Gallery & Studio Inc

Nonprofit profile at a glance

EIN
474603558
IRS 990-EZ coverage
2017–2017
Forms available
Form 990 2016, Form 990-EZ 2017
Location
Sebastopol, CA, USA
Phone
7075093777
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Official website

Reported finances

Revenue
$118,776
Expenses
$98,197
Assets
$109,068
Liabilities
$2,570

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Robin Reed (CEO)

People named in this filing

  • Robin Reed (CEO)
  • Hilary Flack (Treasurer)
  • Tashi Dhargyal (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Tibetan Gallery & Studio is the working studio of Tibetan master artist, Tashi Dhargyal, which he opens for limited hours to the public weekly.

What it reported doing in 2017

The Tibetan Gallery & Studio is the working studio of Tibetan master artist, Tashi Dhargyal, which he opens for limited hours to the public weekly.Visitors can view Tashi working on thangka (traditional Buddhist scroll paintings). Tashi is one of the few masters in the West working entirely in the traditional Tibetan method, which includes hand-prepared canvas, hand ground mineral pigments, and 24k gold.Tashis studio in the Barlow has become home to a very unique project, the first thanbochi painted by a Tibetan outside of Tibet. This is a most auspicious endeavor for North America. A thanbochi is a very large thangka that is shown at special prayer ceremonies and brings blessings to all who see it. This massive undertaking

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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 68
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71%; rating input score 71
  • Program expense ratio: 85.8%; rating input score 86

Transparency & Controls

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

Sustainability

  • Operating margin: 17.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -48.4% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 71% of revenue deployed · 85.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.