Vance County Arts Council
Nonprofit profile at a glance
- EIN
- 581413008
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Henderson, NC, USA
- Phone
- 2527674579
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $75,508
- Expenses
- $74,693
- Assets
- $4,948
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Alice C Sallins (Executive Director)
- Pam Hester (President)
- Johnny Watkins (Vice-President)
People named in this filing
- Alice C Sallins (Executive Director)
- Pam Hester (President)
- Johnny Watkins (Vice-President)
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
Providing arts
What it reported doing in 2024
Henderson Vance Downtown Development Commission
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12.6%; rating input score 13
- Program expense ratio: Limited
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: 1.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25.4%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -7.4% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 12.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Officer compensation ratio scored 7/100.