Grace Institute

🔒

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

2004

Legal Domicile

Principal Officer

ASHLEY KLUMP

Phone

5033318155

Tax Period

2025-01-01 to 2025-12-31

Grace Institute, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $689K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $605K left a modest 12% surplus.

Mission

GRACE INSTITUTE NURTURES THE HUMAN SPIRIT THROUGH THE ARTS, FOSTERING INTERCULTURAL HUMILITY AND LEARNING IN AN OPEN AND INCLUSIVE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $373,342 Revenue: $510,912

SUMMER ART CAMPTHE ORGANIZATION OPERATED NINE 1-WEEK SUMMER ART CAMP SESSIONS SERVING MORE THAN 1,300 CHILDREN AGES 413. CAMPS PROVIDED STRUCTURED VISUAL, CULINARY, AND PERFORMING ARTS INSTRUCTION...

SUMMER ART CAMPTHE ORGANIZATION OPERATED NINE 1-WEEK SUMMER ART CAMP SESSIONS SERVING MORE THAN 1,300 CHILDREN AGES 413. CAMPS PROVIDED STRUCTURED VISUAL, CULINARY, AND PERFORMING ARTS INSTRUCTION AND HANDS-ON CREATIVE EXPERIENCES, THROUGH THE LENS OF LOCAL INDIGINOUS CULTURES, IN A SUPERVISED SETTING TO PROMOTE ARTISTIC SKILL DEVELOPMENT AND SELF-EXPRESSION. APPROXIMATELY 11% OF CAMPERS IN NEED RECEIVED FULL OR PARTIAL SCHOLARSHIPS.

Program 2

Expenses: $38,184 Revenue: $34,560

WINTER PEACE CAMPTHE ORGANIZATION OPERATED TWO 3-DAY ART CAMPS IN NOVEMBER AND DECEMBER SERVING MORE THAN 130 CHILDREN AGES 5-12 PROVIDING VISUAL, CULINARY, AND PERFORMING ARTS INSTRUCTION IN A...

WINTER PEACE CAMPTHE ORGANIZATION OPERATED TWO 3-DAY ART CAMPS IN NOVEMBER AND DECEMBER SERVING MORE THAN 130 CHILDREN AGES 5-12 PROVIDING VISUAL, CULINARY, AND PERFORMING ARTS INSTRUCTION IN A SUPERVISED SETTING TO PROMOTE ARTISTIC SKILL DEVELOPMENT AND SELF-EXPRESSION. CAMPERS CREATED SHAREABLE ARTWORK BASED ON A RUSSIAN FOLKTALE DURING GATHERING & GIVING CAMP, AND PROJECTS AND PERFORMANCES ABOUT STARS AND CONSTELLATIONS DURING WINTER PEACE CAMP. MORE THAN 15% OF CAMPERS IN NEED RECEIVED FULL SCHOLARSHIPS.

Program 3

Expenses: $20,708 Revenue: $27,905

SPRING BREAK CAMPTHE ORGANIZATION OPERATED A 3-DAY SPRING BREAK ART CAMP IN MARCH SERVING MORE THAN 100 CHILDREN AGES 5-13 PROVIDING VISUAL, CULINARY, AND PERFORMING ARTS INSTRUCTION IN A SUPERVISED SETTING TO PROMOTE ARTISTIC SKILL DEVELOPMENT AND SELF-EXPRESSION. CAMPERS CREATED PROJECTS AND PERFORMANCES INFLUENCED BY MAYAN, EUROPEAN, AND NATIVE AMERICAN FOLKTALES ABOUT HEROISM. MORE THAN 15% OF CAMPERS IN NEED RECEIVED FULL SCHOLARSHIPS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $108,261

Program Service Revenue $573,452

Investment Income $2,495

Other Revenue $5,183

TOTAL REVENUE $689,391

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $453,015

Fundraising Expenses $0

Program Expenses $434,234

Other Expenses $150,368

TOTAL EXPENSES $605,383

Year-over-Year Comparison

	2025	2024	Change
Revenue	$689,391	$613,637	+0.1%
Expenses	$605,383	$548,302	+0.1%
Net Income	$84,008	$65,335	+0.3%

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

134

Volunteers

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

$85,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY KLUMP	Executive Dir.	40.00	Officer	$59,903	$0	$59,903
AMY GRAY	PAST EXEC. DIR.	30.00	Officer	$25,547	$0	$25,547
SUSAN GERMUNDSON	President	1.00	Officer Director	$0	$0	$0
KARENA BENNET	Treasurer	1.00	Officer Director	$0	$0	$0
ALYSSON ENRIQUEZ	Secretary	1.00	Director	$0	$0	$0
MARTIN ELFERT	Director	1.00	Director	$0	$0	$0
DULCINEA MYERS-NEWCOMB	Director	1.00	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
2025	$689,391	$605,383	$255,065	$84,008
2024	$613,637	$548,302	$171,057	$65,335
2023	$659,704	$659,695	$116,992	$9
2022	$700,102	$669,287	$152,018	$30,815
2021	$639,704	$608,485	$122,037	$31,219
2020	$77,220	$174,367	$381,486	$-97,147