Zephyrus Arts Institute

Nonprofit profile at a glance

EIN
822902239
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Tulsa, OK, USA
Phone
9184914036
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$363,091
Expenses
$295,759
Assets
$139,370
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MATTHEW SUMNER (PRESIDENT)

Highest reported compensation

  • MATTHEW SUMNER (PRESIDENT): $21,812 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster opportunities that are life-changing and drive each member to discover their highest potential as artists, performers and individuals in an environment of respect and self-discipline.

What it reported doing in 2024

Zephyrus independent winter guard hold significant importance as it provides participants with a creative outlet to express themselves through choreographed performances involving dance, flags, rifles, and sabers. This program instills discipline, teamwork, and self-confidence in participants, nurturing life skills. Competitions and performances showcase the talents of performers and entertains and inspires audiences, enriching the cultural fabric of the community. Ziwg offers a supportive environment for personal growth, diversity, and inclusion. Ziwg promotes artistic development and teamwork while playing a vital role in individual lives and community spirit.

Operating model

Revenue model
Earned-program. 85% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 84
  • Accountability: 60
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.7%; rating input score 82
  • Program expense ratio: 99.6%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 9th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 18.5%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 42.7% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 45.6% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 50.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 81.7% of revenue deployed · 99.6% of spending went to programs
  • Governance: 6 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $295K in reported program spending
  • Leadership: top reported pay $22K · 9 people listed
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.