Tucson Culinary Festival Inc
Nonprofit profile at a glance
- EIN
- 900074112
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Tucson, AZ, USA
- Phone
- 5203439985
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $100,377
- Expenses
- $90,404
- Assets
- $16,299
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
12 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the culinary talents of tucson's independently owned and operated restaurants.
What it reported doing in 2010
The annual tucson culinary festival is a 4-day event featuring culinary talents from tucson's independently owned and operated restaurants. Festival events include:* the world margarita championship - fabulous food and traditional margaritas;* the reserve tasting - an opportunity to taste small production, boutique wines and specialty dishes;* the grand tasting - a selection of over 100 wines and spirits from around the world, and signature dishes from over 40 tucson original chefs; * the copper chef challenge - dueling chefs, brunch, barbeque, and cocktails.proceeds from the festival are used to make contributions to local 501(c)(3) charities. In the fiscal year ended april 30, 2011, grants were made to new beginnings for women and children, and diamond children's at university medical center. A grant was also made to tucson originals, an organization of local, independently operated restaurants who are working to preserve the culinary spirit of the tucson community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 93.7%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9.9%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 84.4% of revenue deployed · 93.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $85K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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: Total-asset coverage ratio scored 19/100.