United Arts of Central Florida Inc

What it reported doing in 2024

Investing in the community: united arts invests in the regional arts, science, and history sector through grantmaking, collaborative fundraising, united arts advances its vision that all people in central Florida have access to arts, science, and history by investing directly in the region through grantmaking, collaborative fundraising, marketing support, audience development, and contract service opportunities. In fy25, united arts invested nearly $5 million into the arts and cultural community, including almost $3 million awarded through multiple grant programs. Operating support grants provided $2,350,000 to 50 organizations offering full seasons of programming. Project grants, awarding up to $5,000 each, supported exhibitions, fairs, festivals, performances, and other arts, science, or history activities that enhance cultural participation and public engagement; in fy25, $100,000 was awarded to 21 nonprofit organizations. Venue subsidy grants, funded by orange county, supported more than $500,000 in performance venue rental assistance for 19 organizations. Emerging organizations grants provided $100,000 to 12 developing arts organizations to strengthen their operational capacity. Additional initiatives, including creative placemaking projects delivered in partnership with the city of orlando and the downtown development board, and cultural tourism efforts supported by visit orlando, expanded public access to cultural experiences and promoted the region's arts offerings to both residents and visitors. These programs collectively strengthen organizational stability, support artistic programming, and contribute to the cultural vitality of central Florida.

Financial Efficiency

• Mission deployment rate: 91.3%; rating input score 91
• Program expense ratio: 95%; rating input score 95
• Fundraising efficiency: $24.65 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 95.7%; rating input score 96; 25th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 1.1; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 0.83; rating input score 13; 13th percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 11.5% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 9.4% per year; rating input score 100; 72nd percentile among comparable filings
• Asset growth: 8.9% per year; rating input score 100; 60th percentile among comparable filings