Arts, Culture & Humanities
(A50)
IRS Verified
DX Registered
990 on File
MENTONE ARTS AND CULTURE CENTER INC
Financial strength (30%)
91/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To preserve and promote the very rich culture of music and art in the Appalachia region. MAC sponsors classes, workshops, lectures and special events, and supports local and regional artists, which enriches the lives of local citizens and visitors alike.
Financial Overview — FY 2023
$175K
Total Revenue
$182K
Total Expenses
$294K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.5%
Fundraising Efficiency
N/A
Operating Reserve
19.34x
Liability-to-Asset
14.6%
Revenue Diversification
88.0%
Compared with Peers
FY 2023
Compared with 16,962 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
|
88.5% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.1% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.4% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.3 mo | 10.4 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
14.6% | 1.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.0% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
20.9% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.0% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.2% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $175K | $182K | $294K | 88.5% | 1 |
| 2022 | $145K | $173K | $301K | 87.4% | 1 |
| 2021 | $175K | $181K | N/A | — | 1 |
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