TRANSFORMATIVE ARTS

EIN: 161779783 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$193,200
Total Expenses
$194,545
Total Assets
$47,640
Net Assets
$47,640
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
SUZANNE ISKEN
Tax Period
2023-01-01 to 2023-12-31

TRANSFORMATIVE ARTS, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $193K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

COMMUNITY BUILDING THROUGH ART

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $134,800
Program Service Revenue $58,400
Investment Income $0
Other Revenue $0
TOTAL REVENUE $193,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $159,055
Other Expenses $194,545
TOTAL EXPENSES $194,545

Year-over-Year Comparison

2023 2022 Change
Revenue $193,200 $435,382 -0.6%
Expenses $194,545 $447,940 -0.6%
Net Income $-1,345 $-12,558 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE ISKEN BOARD PRESID N/A
Officer
$0 $0 $0
JILL MONIZ ART DIRECTOR N/A
Officer
$0 $0 $0
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
2023 $193,200 $194,545 $47,640 $-1,345
2022 $435,382 $447,940 $48,985 $-12,558
2021 $290,016 $228,473 $61,543 $61,543
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