Solas Nua INC EIN 20-2454448 Form 990 (PDF) Claim this org

Solas Nua INC

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Brings the best of contemporary Irish arts to U.S. audiences. For fiscal year 2024 it reported $500K in revenue, $545K in expenses, and $84K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Washington, DC
Website
www.solasnua.org
Filings
4 on file (2020–2024)
Revenue
$500KFY2024
Expenses
$545K
Net assets
$84K
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-2454448 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF)
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Size
$100K–1M
What they do
Brings the best of contemporary Irish arts to U.S. audiences.
Leadership
Andrew Dolan · President · $75K
Money in and out
$500K revenue, $545K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$545K
Pt IX · Ln 25
Net assets
$84K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$45K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.00 Fundraising $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
1.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-9%
revenue over expenses, this year▼ -109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$500K
FY2024▲ +19%
Expenses
$545K
FY2024
Total assets
$84K
FY2024▼ -48%
Total liabilities
$260
FY2024
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$545K
Pt IX · Ln 25
Net assets
$84K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$84K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSolas Nua INC
EINHdr · item D20-2454448
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.solasnua.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFDec 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$75,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Andrew Dolan’s $75K as President is at the 70th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2020
Andrew Dolan$75,000
Miranda Driscoll$10,424

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $510K of program spending, described in the organization's own filed words · FY2024.
01

As a multidisciplinary arts organization, we present 40 free events across washington DC and these include author readings and presentations, visual art shows, music, and more. This years activities examples include presenting ruth clinton and niamh moriarty, paul murray, kevin barry, as well as book groups and our ongoing book day…

$353Kprogram expense
02

Capital Irish Film Festival Ciff

4 day festival in march, 2024 at afi in silver spring. This years festival featured 37 irish titles, including 20 shorts and 17 feature-length films. This years festival magnified the work of irish women in film by presenting the work of 14 women directors and eighteen women screenwriters.

$86Kprogram expense
03

Theater presentation of distillation. Solas nua commissioned this work through its norman houston prize, and artist luke casserly developed this unique aroma based evocation of the waning boglands in ireland.

$72Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$435K · 87%
Program service revenue$64K · 13%
Contributions & grants87%$435K
Program service revenue13%$64K
Investment income$5
— government grantsLn 1e$295K
Total revenueLn 12$500K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.00 Fundraising $0.02
Program services98%$533K
Management & general$1K
Fundraising2%$11K
Total functional expensesLn 25$545K

Balance Sheet

Part X · end of year
CashLn 1$68K
Total assetsLn 16$84K
Total liabilitiesLn 26$260
Total net assetsLn 32$84K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $68K · Operating expenses/yr $545K
1.5 months
Where the money goes
Program services
Program services $533K · Total expenses $545K
98%
Management & General
Management & general $1K · Total expenses $545K
0.2%
Fundraising
Fundraising $11K · Total expenses $545K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $139K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $435K · Total revenue $500K
87%
Government reliance
Government grants $295K · Total revenue $500K
59%
Earned-income share
Program service revenue $64K · Total revenue $500K
13%
Investment reliance
Investment income $5 · Total revenue $500K
<0.01%
Program self-sufficiency
Program service revenue $64K · Total expenses $545K
12%
Growth & trend
Revenue growth (YoY)
This year $500K · Prior year $421K
+19%
Revenue CAGR
FY2020 $216K · FY2024 $500K
+23%
Net-asset trend (YoY)
End of year $84K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $500K · Expenses $545K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $84K
Net-asset ratio
Net assets $84K · Total assets $84K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $84K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrew Dolan · Reported title PRESIDENT · Highest reported compensation $75K · Total expenses $545K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $153K · Total expenses $545K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 0.2%
Fundraising cost ratio 3%
Revenue growth 19%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$500K revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$421K revenue · ⤓ 990 PDF
FY2021$289K revenue · ⤓ 990 PDF
FY2020$216K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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