Winterset Art Center Inc
Nonprofit profile at a glance
- EIN
- 237428982
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2023
- Location
- Winterset, IA, USA
- Phone
- 5154624553
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $123,840
- Expenses
- $20,974
- Assets
- $388,191
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- DAVID NEGLEY (Chairman)
- VICKI JACKSON (Director)
- ETHEL LEE OSBORN-TUCKER (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The winterset art center is dedicated to art education, to the history and preservation of local art and artists, and to the promotion of artistic endeavor in winterset, madison county, and the state of Iowa.
What it reported doing in 2025
Gallery space for local artist and permanent collection art exhibits and community space
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 23
- Transparency & Controls: 100
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.2%; rating input score 8
- Program expense ratio: 48.4%; rating input score 48
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: 83.1%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 18.51; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 8.6%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 20% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 27% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 8.2% of revenue deployed · 48.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2012 to 2025
- 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 8/100.
- Moderate — Financial Efficiency: Program expense ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 22/100.