ARTSBRIDGE FOUNDATION INC (EIN 201638556) - Form 990 Financial Analysis & Trantor Score

🔒

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

JOANNE TRUFFELMAN

Phone

7709162803

Tax Period

2023-10-01 to 2024-09-30

ARTSBRIDGE FOUNDATION INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $697K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $887K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO ENRICH THE LIVES OF GEORGIA PRE-K TO 12TH GRADE STUDENTS THROUGH TRANSFORMATIVE ARTS EDUCATION EXPERIENCES.ARTSBRIDGE FOUNDATION PROVIDES EXCEPTIONAL ARTS EDUCATION PROGRAMS AND EXPERIENCES, WHICH ARE TIED TO CLASSROOM CURRICULUM AND THE GEORGIA STANDARDS OF EXCELLENCE, TO ENGAGE, MOTIVATE AND ELEVATE GEORGIA'S PRE-K-12 PUBLIC, PRIVATE, CHARTER, MAGNET, CYBER, AND HOMESCHOOL STUDENTS.SINCE 2007, ARTSBRIDGE HAS ENGAGED NEARLY 425,000 PRE-K-12 STUDENTS AND EDUCATORS FROM 70 GEORGIA COUNTIES (AND EVEN FIVE SURROUNDING STATES!). WE OFFER HIGH-QUALITY, CURATED PROGRAMS AT THE COBB ENERGY CENTRE IN THE FORM OF FIELD TRIPS, PROFESSIONAL DEVELOPMENT TECH THEATRE WORKSHOPS AND THE ANNUAL GEORGIA HIGH SCHOOL MUSICAL THEATRE AWARDS - SHULER HENSLEY AWARDS (NOMINATED FOR 12 SOUTHEAST EMMY AWARDS WITH SIX WINS!).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $561,836

Program Service Revenue $101,602

Investment Income $503

Other Revenue $33,507

TOTAL REVENUE $697,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $139,008

Program Expenses $650,374

Other Expenses $886,637

TOTAL EXPENSES $886,637

Year-over-Year Comparison

	2023	2022	Change
Revenue	$697,448	$632,738	+0.1%
Expenses	$886,637	$800,403	+0.1%
Net Income	$-189,189	$-167,665	+0.1%

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

N/A

Volunteers

240

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMIT ROY	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE TRUFFELMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARELLA DIAZ	DIRECTOR	1.00	Director	$0	$0	$0
JERRY NIX	DIRECTOR	1.00	Director	$0	$0	$0
MARANIE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
FRAN FRIEDRICH	TREASURER	1.00	Officer Director	$0	$0	$0
SAM OLENS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
IMARA CANADY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES CHESNUTT	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA JACKSON HARRIS	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
2024	$697,448	$886,637	$188,107	$-189,189
2023	$632,738	$800,403	$217,703	$-167,665
2022	$675,636	$686,371	$329,069	$-10,735
2021	$1,604,781	$343,694	$366,524	$1,261,087
2020	$431,431	$483,739	$249,880	$-52,308
2019	$786,632	$706,061	$349,327	$80,571
2018	$738,797	$6,061,752	$369,072	$-5,322,955

ARTSBRIDGE FOUNDATION INC