Urban Community Arts Network Ltd

Nonprofit profile at a glance

EIN
452154232
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Madison, WI, USA
Phone
6085618226
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$122,822
Expenses
$126,709
Assets
$19,178
Liabilities
$517

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • KAREN REECE (PRESIDENT)
  • MARK EVANS (VICE PRESIDENT)

People named in this filing

  • KAREN REECE (PRESIDENT)
  • MARK EVANS (VICE PRESIDENT)
  • MAH KINA PACAL ALEJANDRO BAYLEY (TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Urban community arts network (ucan) fosters madison's cultural ecosystem through mentorship, education, advocacy, and creating equitable and inclusive spaces where creativity thrives.we aim to empower artists of color by:- fostering creativity and collaboration in the local hip-hop scene by creating live music events in the community.- promoting professional growth through free or low-cost workshops and panel discussions featuring music industry professions.- creating artist residencies in schools/community centers to incorporate hip-hop in education.- building sustainable and safe performance opportunities for all local hip-hop artists, regardless of lyrical content, by continuing discussions with city officials, madison police department, and venue owners.

What it reported doing in 2024

- successfully provided performance and/or vending opportunities for over 60 madison-based artists and compensated all artists at a competitive rate.- facilitated and lead a greater madison music city (gmmc), a local music and creative collective impact initiative to implement the recommendations of the 2019 city of madison task force on equity in music and entertainment and music recovery framework to strengthen greater madison's music ecosystem. - researched best practices and designed strategies to promote madison as a music destination.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.8%; rating input score 76
  • Program expense ratio: 73.5%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.2%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: -11% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: -48.8% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 75.8% of revenue deployed · 73.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.