World Arts Access

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

5 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

To provide access to the arts for youth through training, performance and management.

Provide access to the arts for youth through training, performance and management.

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 87.5%; rating input score 88; 4th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Scored; rating input score 0
Grant itemization coverage: Scored; rating input score 0
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: -29.6%; rating input score 9; 9th percentile among comparable filings
Total-asset coverage ratio: 0.16; rating input score 10; 10th percentile among comparable filings
Liabilities to assets ratio: 0.57; rating input score 15; 15th percentile among comparable filings
Officer compensation ratio: 9.6%; rating input score 37; 37th percentile among comparable filings

Program expense growth: Limited
Revenue growth: -79% per year; rating input score 0; 1st percentile among comparable filings
Asset growth: -65.5% per year; rating input score 0; 2nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 5 board members independent · 1 of 8 filing controls reported
Programs: 1 filed program accomplishment · $534K in reported program spending
Leadership: top reported pay $58K · 5 people listed
Consistency: 20 of 21 current checks pass · 1 finding to review
Schedules: 3 filed schedules · includes foreign activity
Filing history: 2 filing years from 2011 to 2012
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Signals prioritize questions for review. They are not findings of misconduct.

High — Accountability: Independent voting board scored 0/100.
High — Accountability: Governance controls: 6 of 7 not reported.
High — Transparency & Controls: Foreign activity oversight scored 0/100.
High — Transparency & Controls: Grant itemization coverage scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 9/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 10/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
High — Sustainability: Liabilities to assets ratio scored 15/100.
Moderate — Sustainability: Officer compensation ratio scored 37/100.