Arts, Culture & Humanities
(A20)
IRS Verified
DX Registered
990 on File
EDISON ARTS FOUNDATION INC
Financial strength (30%)
53/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Edison Arts Foundation is a 501(c)(3) non-profit fine arts organization, established for the educational and charitable purpose of producing and developing cultural and performing arts programs for children, adults, and families throughout the community.
Financial Overview — FY 2023
$961K
Total Revenue
$634K
Total Expenses
$4.7M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
97.4%
Fundraising Efficiency
N/A
Operating Reserve
89.67x
Liability-to-Asset
54.8%
Revenue Diversification
91.6%
Compared with Peers
FY 2023
Compared with 16,965 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.4% | 81.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.6% | 14.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
89.7 mo | 10.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
54.8% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.6% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-74.5% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.0% | 13.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.0% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $961K | $634K | $4.7M | 97.4% | 0 |
| 2022 | $3.8M | $667K | $4.4M | 96.2% | 0 |
| 2021 | $1.3M | $443K | N/A | — | 0 |
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