Americans for the Arts Action Fund

EIN: 201427963 Arts, Culture & Humanities

Washington, DC

Total Revenue
$412,729
Total Expenses
$343,358
Total Assets
$542,460
Net Assets
$531,858
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DC
Principal Officer
Erin Harkey
Phone
2023712830
Tax Period
2024-01-01 to 2024-12-31

Americans for the Arts Action Fund, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $413K in total revenue in fiscal year 2024. The organization ran a surplus of $69K, a strong 17% operating margin.

Mission

American for the Arts Action Fund was formed to engage citizens in education and advocacy in support of the arts and arts education. Its activities are designed to educate members and the general public on the arts and arts education generally, and the impact of governmental policies and actions on the arts. The Action Fund also works to mobilize members and the general public to become more active in helping influence those governmental policies and actions.

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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 (2024)

Revenue Breakdown

Contributions & Grants $377,767
Program Service Revenue $34,232
Investment Income $0
Other Revenue $730
TOTAL REVENUE $412,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $117,398
Program Expenses $200,332
Other Expenses $343,358
TOTAL EXPENSES $343,358

Year-over-Year Comparison

2024 2023 Change
Revenue $412,729 $432,907 0.0%
Expenses $343,358 $358,155 0.0%
Net Income $69,371 $74,752 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
15

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
3
$544,649
Total Directors
14
$224,704
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nolen Bivens President & CEO - until 05/24 3.00
Officer Director
$0 $8,508 $224,704
Nancy Stephens Chair 1.00
Officer Director
$0 $0 $0
Lyndon Boozer Director 1.00
Director
$0 $0 $0
Patrick Brien Director 1.00
Director
$0 $0 $0
Ken Ferguson Director 1.00
Director
$0 $0 $0
Ben Folds Director 1.00
Director
$0 $0 $0
Colleen Jennings-Roggensack Director 1.00
Director
$0 $0 $0
Mike Kopp Director 1.00
Director
$0 $0 $0
Dorothy P McSweeny Director - until 01/24 1.00
Director
$0 $0 $0
Julie Muraco Director - as of 7/24 1.00
Director
$0 $0 $0
Felix Sanchez Director 1.00
Director
$0 $0 $0
Ann Sheffer Director 1.00
Director
$0 $0 $0
Ann S Stock Director 1.00
Director
$0 $0 $0
Colleen Jennings-Roggensack Director 1.00
Director
$0 $0 $0
Nina Ozlu Tunceli Chief Counsel and Exec. Director 10.00
Officer
$0 $48,593 $319,945
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 $412,729 $343,358 $542,460 $69,371
2023 $432,907 $358,155 $491,015 $74,752
2022 $65,746 $111,380 $320,753 $-45,634
2021 $87,047 $105,599 $318,018 $-18,552
2020 $453,139 $352,203 $322,744 $100,936
2019 $448,407 $376,331 $216,063 $72,076
2018 $432,096 $446,334 $151,972 $-14,238
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