ANCHOR ARTS MANAGEMENT INC

EIN: 200116582 501(c)(3) Arts, Culture & Humanities

MIAMI, FL

Total Revenue
$52,390
Total Expenses
$46,352
Total Assets
$35,703
Net Assets
$35,703
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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
2002
Legal Domicile
FL
Principal Officer
GARY LUND
Phone
3058036375
Tax Period
2023-09-01 to 2024-08-31

ANCHOR ARTS MANAGEMENT INC, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $52K in total revenue in fiscal year 2023. Revenue surged 147% from the prior year, signaling strong growth momentum. Expenses of $46K left a modest 12% surplus.

Mission

ARTS EDUCATION FOR THE COMMUNITY

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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 $0
Program Service Revenue $51,500
Investment Income $890
Other Revenue $0
TOTAL REVENUE $52,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,965
Fundraising Expenses $0
Program Expenses $46,352
Other Expenses $6,387
TOTAL EXPENSES $46,352

Year-over-Year Comparison

2023 2022 Change
Revenue $52,390 $21,181 +1.5%
Expenses $46,352 $31,493 +0.5%
Net Income $6,038 $-10,312 -1.6%
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
1
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY LUND PRESIDENT N/A
Officer Director
$0 $0 $0
LINDA M SMITH SECRETARY N/A
Director
$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
2024 $52,390 $46,352 $35,703 $6,038
2023 $21,181 $31,493 $29,665 $-10,312
2022 $27,521 $40,765 $39,977 $-13,244
2021 $12,493 $13,078 $53,221 $-585
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