Arrowhead Arts Association EIN 33-0122187

Arrowhead Arts Association

EIN  33-0122187 Public charity (501(c)(3)) Lk Arrowhead, CA
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Size
$100K–1M
What they do
Presents live music and art, and funds arts education and scholarships for local youth.
Leadership
Sharon McCormick · President
Money in and out
$153K revenue, $142K expenses
Bottom line
85% program efficiency

Presents live music and art, and funds arts education and scholarships for local youth. For fiscal year 2025 it reported $153K in revenue, $142K in expenses, and $577K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$153K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $11K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program efficiency
85%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
48.8mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +253% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$153K
FY2025▲ +13%
Expenses
$142K
FY2025▲ +1%
Total assets
$577K
FY2025▲ +7%
Total liabilities
$0
FY2025
Total revenue
$153K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$11K
Total assetsPt X · Ln 16$577K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $105K of program spending, described in the organization's own filed words · FY2025.
01

The organization provides a youth string program to the community's public schools. Professional musicians instruct local students from grades k through 12. All programs are free (nominal material fees may apply) and are fully sponsored by community donations.

$49Kprogram expense
02

The organization enriches the community through an ongoing series of professional music and art performances. Several concerts were presented throughout the year representing a wide variety of music styles. Assemblies were brought to the community elementary schools to expose students to diverse cultural music & dance.

$49Kprogram expense
03

The organization provided cash grants for private music lessons for fourteen students.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArrowhead Arts Association
EINHdr · item D33-0122187
Principal addressHdr · item CLk Arrowhead, CA
WebsiteHdr · item Jarrowheadarts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A200)
Ruling yearIRS BMFNov 1985

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 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary & Auxiliary Liaison
$0Pt VII · Sec A
Thrift Shoppe Liaison
$0Pt VII · Sec A
Music Programs Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$95K · 62%
Investment income$45K · 30%
Program service revenue$13K · 8%
Contributions & grants62%$95K
Investment income30%$45K
Program service revenue8%$13K
Total revenueLn 12$153K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program services85%$121K
Management & general13%$18K
Fundraising2%$2K
Total functional expensesLn 25$142K

Balance Sheet

Part X · end of year
CashLn 1$59K
Total assetsLn 16$577K
Total liabilitiesLn 26$0
Total net assetsLn 32$577K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $577K · Operating expenses/yr $142K
48.8 months
Where the money goes
Program services
Program services $121K · Total expenses $142K
85%
Management & General
Management & general $18K · Total expenses $142K
13%
Fundraising
Fundraising $2K · Total expenses $142K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $95K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $95K · Total revenue $153K
62%
Government reliance
Government grants — · Total revenue $153K
Earned-income share
Program service revenue $13K · Total revenue $153K
8%
Investment reliance
Investment income $45K · Total revenue $153K
+30%
Program self-sufficiency
Program service revenue $13K · Total expenses $142K
9%
Growth & trend
Revenue growth (YoY)
This year $153K · Prior year $135K
+13%
Revenue CAGR
FY2020 $72K · FY2025 $153K
+16%
Net-asset trend (YoY)
End of year $577K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $153K · Expenses $142K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $577K
Net-asset ratio
Net assets $577K · Total assets $577K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $518K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $577K
90%
People & payroll
Highest Reported Total Compensation
Individual Sharon McCormick · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $142K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $64K · Total expenses $142K
45%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 13%
Fundraising cost ratio 3%
Revenue growth 13%
Investment management fee ratio 1%
Accounting fee ratio 6%
Fundraising fee ratio 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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$33K
Grants paid · 4 grants · $23K · 2024–2025
Unitemized GrantFY2025$7,766
Blue Jay Jazz FoundationCA · FY2025$5,000
Unitemized GrantFY2024$5,343

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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
FY2025 (Latest)$153K revenue · viewing · ⤓ 990 PDF
FY2024$135K revenue · ⤓ 990 PDF
FY2023$116K revenue · ⤓ 990 PDF
FY2022$172K revenue · ⤓ 990 PDF
FY2021$132K revenue · ⤓ 990 PDF
FY2020$72K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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