NATIONAL ARTS STRATEGIES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

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 $1.3M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $2.7M exceeded revenue, resulting in a 102% operating deficit.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $1,840,966 Revenue: $255,588

ARTS AND CULTURE STRATEGIES: A MULTI-YEAR PROCESS THAT STRENGTHENS ORGANIZATIONS AND INDIVIDUALS BY HELPING AND COACHING THEM TO DEVELOP STRONGER MANAGEMENT, ORGANIZATIONAL, AND FINANCIAL PRACTICES TO THE ULTIMATE BENEFIT OF THEIR CREATIVE MISSIONS. THE PROCESS AIMS TO CREATE LOCAL COMMUNITY BUILDING ENGAGEMENT ACTIVITIES AND THE ONGOING CAPACITY TO RESPOND TO CHANGES IN THE EXTERNAL ENVIRONMENT.

Program 2

Expenses: $253,404

EDUCATION PROGRAM: FOR ARTS MANAGERS AND BOARD MEMBERS IN THEIR COMMUNITIES AND NATIONWIDE. NAS DELIVERS THIS PROGRAM WITH THE ASSISTANCE OF MULTI-YEAR GRANTS FROM NATIONAL AND REGIONAL FOUNDATIONS AND HAS DEVELOPED ONLINE COMMUNITY AND LEADERSHIP EDUCATION PROGRAMS IN CORE BUSINESS AREAS SUCH AS, STRATEGY, FINANCE, COMMUNITY & CULTURE, LEADING INNOVATION, EVALUATION, DIVERSITY AND SOCIAL CHANGE. THE PROGRAMS COMBINE THEORETICAL FRAMEWORKS WITH PRACTICAL APPLICATION, AND DRAW FACULTY FROM THE LEADING GRADUATE SCHOOLS OF BUSINESS. NAS PARTNERED WITH UNIVERSITIES FOR RESIDENTIAL EDUCATION PROGRAM IN ARTS AND CULTURE STRATEGY, CREATIVE COMMUNITY FELLOWS AND ALUMNI PROGRAM AND CREATIVE COMMUNITY HOUSE NE PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$223,813

Total Directors

Key Employees

Highest Compensated

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