CLEVELAND FESTIVAL OF ART AND TECHNOLOGY INC

EIN: 202031718 501(c)(3) Arts, Culture & Humanities

CLEVELAND, OH

Total Revenue
$641,387
Total Expenses
$701,506
Total Assets
$1,109,103
Net Assets
$279,554
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Principal Officer
EMILY APPELBAUM
Phone
2165899444
Tax Period
2023-01-01 to 2023-12-31

CLEVELAND FESTIVAL OF ART AND TECHNOLOGY INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $641K in total revenue in fiscal year 2023.

Mission

INGENUITY CLEVELAND IGNITES THE SPARK OF CREATIVITY AMONG ARTISTS, ENTREPRENEURS AND INNOVATORS OF ALL TYPES, THROUGH JOY AND COLLABORATION, IN SERVICE TO CIVIC PROGRESS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $324,568
Program Service Revenue $316,819
Investment Income $0
Other Revenue $0
TOTAL REVENUE $641,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,542
Fundraising Expenses $46,914
Program Expenses $585,441
Other Expenses $497,964
TOTAL EXPENSES $701,506

Year-over-Year Comparison

2023 2022 Change
Revenue $641,387 $632,546 +0.0%
Expenses $701,506 $695,806 +0.0%
Net Income $-60,119 $-63,260 0.0%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
300

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
$60,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY APPELBAUM EXECUTIVE DI 40.00
Officer
$60,000 $0 $60,000
BRETT ALTIER SECRETARY 6.00
Officer Director
$0 $0 $0
RADHIKA BALASUBRAMANIAM SECRETARY 6.00
Director
$0 $0 $0
KRISTEN HOOVER BOUTTON BOARD PRESID 6.00
Officer Director
$0 $0 $0
MICHAEL BRUDER BOARD MEMBER 1.00
Director
$0 $0 $0
CENA HILLIARD TREASURER 6.00
Director
$0 $0 $0
JENNIFER JONES BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MCGOVERN BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA DEMARCO PETKOVIC BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID THOMAS TREASURER 6.00
Director
$0 $0 $0
BRIAN WHEATALL BOARD MEMBER 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 No data No data No data No data
2023 $641,387 $701,506 $1,109,103 $-60,119
2022 $632,546 $695,806 $397,360 $-63,260
2021 $510,398 $357,848 $450,133 $152,550
2020 $407,617 $276,461 $328,850 $131,156
2019 $493,842 $575,849 $236,030 $-82,007
2018 $436,378 $503,228 $249,166 $-66,850
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CLEVELAND FESTIVAL OF ART AND TECHNOLOGY INC with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.