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)

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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

INVITE ARTISTS IN RESIDENCE TO BUILD VISUAL LITERACY THORUGH COMMUNITY ENGAGEMENT AND ART MAKING.

Program Service Accomplishments

Program 1
Expenses: $159,055

CATLETT AND THE COMMITMENT EXHIBITION WE RECEIVED A 25,000 DONATION FROM THE RAUSCHENBERG FOUNDATION THAT FOCUSED ON BUILDING OUR RELATIONSHIP WITH THE CATLETT ESTATE, TRAVELING BACK AND FORTH TO...

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CATLETT AND THE COMMITMENT EXHIBITION WE RECEIVED A 25,000 DONATION FROM THE RAUSCHENBERG FOUNDATION THAT FOCUSED ON BUILDING OUR RELATIONSHIP WITH THE CATLETT ESTATE, TRAVELING BACK AND FORTH TO MEXICO CITY TO MEET THE EXECUTORS, CATLETTS STUDENTS, COLLABORATORS AND HER COMMUNITY. WE MOUNTED THE I HAVE PAID A PRICE FOR MY COMMITMENT EXHIBITION FEATURING HER I AM A NEGRO WOMAN PRINTS, ART FROM HER MEXICO CITY STUDENTS AS WELL AS SAMELLA LEWISS WORK AND OTHERS INSPIRED BY BOTH CATLETT AND LEWIS. WESTING BOOK ENDED THAT EXHIBITION WITH TWO ARTIST RESIDENCIES WITH WOMEN ARTISTS WHOSE COMMITMENT TO REVOLUTIONARY VISUAL LANGUAGE IS BORN FROM CATLETTS LEGACY ON BOTH SIDES OF THE BORDER. AND BEGAN THE ARDUOUS TASK OF CLOSING THE 410 S SPRING STREET SPACE TO EXECUTE OUR COMMITMENT PROJECT WITH THE CATLETT ESTATE IN MEXICO CITY.

Program 2

ADORNMENT I ARTIFACT CONTINUED FROM 2022 UNTIL APRIL 2023. WE PRODUCED A VIDEO, HELD ARTIST TALKS AND MAKING OPPORTUNITIES FOR COMMUNITIES. A SIGNIFICANT AMOUNT OF MONEY WAS SPENT DEINSTALLING THE 3...

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ADORNMENT I ARTIFACT CONTINUED FROM 2022 UNTIL APRIL 2023. WE PRODUCED A VIDEO, HELD ARTIST TALKS AND MAKING OPPORTUNITIES FOR COMMUNITIES. A SIGNIFICANT AMOUNT OF MONEY WAS SPENT DEINSTALLING THE 3 MAIN SITES OF THE EXHIBITION AND PRODUCING FINAL REPORTS FOR FUNDERS AND DONORS.

Program 3

VORA NAU OUR ONGOING SATELLITE SITE IN VORA, PORTUGAL CONTINUED EXPANDING ITS OPERATION AND PARTNERSHIPS IN PORTUGAL. WE MOUNTED AN IMPORTANT MURAL PROJECT IN COLLABORATION WITH ARTERIA LAB AND THE...

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VORA NAU OUR ONGOING SATELLITE SITE IN VORA, PORTUGAL CONTINUED EXPANDING ITS OPERATION AND PARTNERSHIPS IN PORTUGAL. WE MOUNTED AN IMPORTANT MURAL PROJECT IN COLLABORATION WITH ARTERIA LAB AND THE EUROPEAN UNION IN ADDITION TO OUR ARTIST IN RESIDENCY PROGRAM AND COMMUNITY-BASED ENGAGEMENT PRACTICE.

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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 $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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Liquidity & Cash Position

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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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