Lawrence, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Essex Art Center Inc, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $891K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.
Essex Art Center is a community-based creative hub in Lawrence, Massachusetts, using art as a catalyst to bring people together, spark conversations that matter, and build community.
We believe in the power of art to change not just the way we see the world, but the way we live. Essex Art Center sees everyone as an artist, and we help artists and art lovers connect with their...
We believe in the power of art to change not just the way we see the world, but the way we live. Essex Art Center sees everyone as an artist, and we help artists and art lovers connect with their creativity. Each year, the Center reaches 10,000 individuals. Our arts education programs serve artists of all ages. We offer diverse studio courses, including ceramics, drawing, digital art, painting, animation, Risograph printing, and stained glass. We make learning accessible to everyone by providing affordable studio classes and workshops with special financial assistance to Lawrence residents, including 75% off for youth 18 years or younger and 30% off for adults. In addition, we hold public art and design entrepreneurship programs for teens and a work-mentorship program for high school and college students. Participants in our public art and design programs receive stipends for their work, as do students in our work-mentorship program. Essex Art Center's exhibition program sees art as a connector in our community and a platform for communication about issues that matter. Our galleries serve as a source of inspiration for our students and a teaching tool for our teachers. We are strategic in the artists we exhibit, working to amplify underrepresented voices and ensuring that the work is responsive to what's happening in the world and relevant to our community. Our exhibitions and their correlating programming are always free and open to the public.Essex Art Center's community outreach programs bring the creative experience beyond our walls. From off-site offerings in schools and community centers to special events, such as free figure drawing nights and art college admissions fairs, these programs put into practice our belief that art brings us together. Our summer block party, Fiesta en la calle!, brings together people of all ages to enjoy live music, dance performances, food, and artmaking. Throughout the year, our community outreach programs reach 3,000 individuals, with Fiesta en la calle!, connecting us with 2,000 residents from Greater Lawrence in just one day.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $891,190 | $715,289 | +0.2% |
| Expenses | $939,685 | $755,872 | +0.2% |
| Net Income | $-48,495 | $-40,583 | +0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Anne Thiam | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Merylinda Santiago | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Therkelsen | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Allison Rieke | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Caitlyn Aguiar | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Juan Carlos Cedeno | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Milly Joseph | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Maria L Laboy | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jose Rodriguez | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Amy Bloom | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Felipe Collazo | Director | 2.00 |
Director
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$2,750 | $0 | $2,750 |
| Monica Manoski | Executive Director | 40.00 |
Officer
|
$89,366 | $2,762 | $92,128 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $891,190 | $939,685 | $1,176,798 | $-48,495 |
| 2024 | $715,289 | $755,872 | $1,245,501 | $-40,583 |
| 2023 | $563,654 | $615,633 | $1,020,000 | $-51,979 |
| 2022 | $781,644 | $512,499 | $860,046 | $269,145 |
| 2021 | $539,176 | $443,495 | $620,567 | $95,681 |
| 2019 | $442,330 | $501,502 | $422,242 | $-59,172 |
| 2018 | $464,954 | $509,421 | $471,648 | $-44,467 |
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