NATIONAL ARTS STRATEGIES INC

EIN: 133170827 501(c)(3) Arts, Culture & Humanities

ALEXANDRIA, VA

Total Revenue
$1,313,986
Total Expenses
$2,651,696
Total Assets
$8,211,592
Net Assets
$7,963,050
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
GAIL CRIDER
Phone
5714825789
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ARTS STRATEGIES INC, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year. Net assets of $6.7M represent 34 months of operating reserves.

Mission

TO EDUCATE, STRENGTHEN AND STABILIZE THE MANAGEMENT AND LEADERSHIP OF NONPROFIT ARTS ORGANIZATIONS BY OFFERING A COMBINATION OF TECHNICAL ASSISTANCE AND EXECUTIVE EDUCATION.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $754,418
Program Service Revenue $255,588
Investment Income $303,980
Other Revenue $0
TOTAL REVENUE $1,313,986

Expense Breakdown

Grants Paid $320,000
Salaries & Benefits $1,015,489
Fundraising Expenses $78,925
Program Expenses $2,094,370
Other Expenses $1,316,207
TOTAL EXPENSES $2,651,696

Year-over-Year Comparison

2023 2022 Change
Revenue $1,313,986 $3,238,192 -0.6%
Expenses $2,651,696 $2,571,610 +0.0%
Net Income $-1,337,710 $666,582 -3.0%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
11
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$223,813
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER GIBSON DIRECTOR 1.50
Director
$0 $0 $0
KENDRA WHITLOCK INGRAM TREASURER 1.50
Officer Director
$0 $0 $0
TORRIE ALLEN VICE CHAIRMAN 1.50
Officer Director
$0 $0 $0
JEFF MALLOY DIRECTOR 1.50
Director
$0 $0 $0
KRISTINA NEWMAN-SCOTT CHAIRMAN 1.50
Officer Director
$0 $0 $0
JOSEPHINE RAMIREZ SECRETARY 1.50
Officer Director
$0 $0 $0
SIDNEY HARGRO DIRECTOR 1.50
Director
$0 $0 $0
JUNG-SUK RYU DIRECTOR 1.50
Director
$0 $0 $0
GAIL CRIDER PRESIDENT & CEO 55.00
Officer
$194,508 $29,305 $223,813
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,313,986 $2,651,696 $8,211,592 $-1,337,710
2023 $1,313,986 $2,651,696 $8,211,592 $-1,337,710
2022 $3,238,192 $2,571,610 $9,417,662 $666,582
2021 $2,044,750 $2,154,000 $10,002,250 $-109,250
2020 $3,909,885 $2,152,343 $9,927,435 $1,757,542
2019 $3,279,061 $3,043,943 $8,214,803 $235,118
2018 $2,400,681 $2,344,428 $7,310,904 $56,253
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