Virgin Valley Artists Association
Nonprofit profile at a glance
- EIN
- 030501461
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024
- Location
- Mesquite, NV, USA
- Phone
- 8312460226
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $182,760
- Expenses
- $212,263
- Assets
- $296,148
- Liabilities
- $7,951
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHRISTINE PICIOR (PRESIDENT)
- MARY MATHIS (PRESIDENT ELECT)
People named in this filing
- DOROTHY GOLDEN (TREASURER)
- CHRISTINE PICIOR (PRESIDENT)
- SHARON CAPIZZI (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The vvaa provides spaces for seasonal classes and ongoing classes that are enjoyed by the community and rising artists. Successfully promoting our programs and art displays is the foundational views by our governing body and membership. The art gallery is staffed by volunteers and operate daily for six hours and some holidays. We provide social networking with artists through our website and general meetings. Programs are free or at a minimum fee to promote artistic abilities for all age groups. The facility is owned by the city and through our partnership the vvaa is allowed to expose our community to traveling art displays, specialized recognition artists, emerging artists and encourage all ages to create art work.
What it reported doing in 2024
The vvaa and its facilities host community events, drop in classes, youth and adult classes free to the students, membership and board meetings.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.8%; rating input score 89
- Program expense ratio: 83.9%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -16.1%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: -3.5% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 88.8% of revenue deployed · 83.9% of spending went to programs
- Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $178K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.