Arts, Culture & Humanities
(A26Z)
IRS Verified
DX Registered
990 on File
PRESCOTT FINE ARTS ASSOCIATION
Financial strength (30%)
47/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
It is the mission of the Prescott Center of the Arts to create opportunities for the greater community to engage in and experience all facets of the arts.
Financial Overview — FY 2023
$-2,221,836
Total Revenue
$797K
Total Expenses
$-110,266
Net Assets
18
Employees
Expense Breakdown
Program Expense Ratio
79.1%
Fundraising Efficiency
3930.0%
Operating Reserve
-1.66x
Liability-to-Asset
170.6%
Revenue Diversification
N/A
Executive Compensation
$71K
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
|
79.1% | 81.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.3% | 14.0% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3930.0% | 28.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-1.7 mo | 10.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
170.6% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-548.1% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
26.9% | 13.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
135.9% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $-2,221,836 | $797K | $-110,266 | 79.1% | 18 |
| 2022 | $496K | $628K | $2.9M | 76.0% | 30 |
| 2021 | $6.6M | $577K | N/A | — | 20 |
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