Arts for LA (EIN 202797313) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

Gustavo Herrera

Phone

2132257580

Tax Period

2024-07-01 to 2025-06-30

Arts for LA, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

ARTS FOR LA LEADS COMMUNITIES, ARTISTS AND ORGANIZATIONS TO ADVOCATE FOR AN EQUITABLE, HEALTHY, AND CREATIVE LOS ANGELES REGION THROUGH THE ARTS. WE SERVE AS THE ONLY CROSS-DISCIPLINE, CROSS-SECTOR CONVENOR FOR THE ARTS AND CULTURE INDUSTRY IN LOS ANGELES COUNTY; AN INDUSTRY THAT YIELDS 2.3 BILLION DOLLARS IN REVENUE FOR THE REGION. SIGNIFICANT ACTIVITIES INCLUDE LEADING REGION WIDE PUBLIC EDUCATION CAMPAIGNS, CONDUCTING AND COMMISSIONING RESEARCH THAT DEEPEN ARTS FOR LA'S UNDERSTANDING OF THE VARIOUS FACTORS THAT MOST IMPACT THE SECTOR, AND TRAINING, MENTORING AND CONVENING THE ARTS WORKERS OF LOS ANGELES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,262,185

Program Service Revenue $213,014

Investment Income $114

Other Revenue $0

TOTAL REVENUE $1,475,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $990,198

Fundraising Expenses $128,456

Program Expenses $1,143,087

Other Expenses $483,892

TOTAL EXPENSES $1,474,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,475,313	$1,113,107	+0.3%
Expenses	$1,474,090	$1,454,193	+0.0%
Net Income	$1,223	$-341,086	-1.0%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gustavo Herrera	CEO	40.00		$186,291	$8,517	$194,808
nadia savira chrisanto	Secretary	1.00	Officer Director	$0	$0	$0
mark edwards	Director	0.50	Director	$0	$0	$0
Malindi Davies	Director	0.50	Director	$0	$0	$0
linda grimes	Director	0.50	Director	$0	$0	$0
Jennifer Cuevas	vice chair	0.50	Director	$0	$0	$0
Fabian Fuertes	Director	0.50	Director	$0	$0	$0
Fred Goldstein	Director	0.50	Director	$0	$0	$0
karen hill	Director	0.50	Director	$0	$0	$0
Annette Johnson	chair	1.00	Officer Director	$0	$0	$0
Gail Lopes	vice chair	1.00	Officer Director	$0	$0	$0
Cliff Warner	Treasurer	1.00	Officer Director	$0	$0	$0
Morenike Dosu	Director	0.50	Director	$0	$0	$0
Cary Lefton	Director	0.50	Director	$0	$0	$0
nahal jalali	Director	0.50	Director	$0	$0	$0
pamela kohanchi	Director	0.50	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	$1,475,313	$1,474,090	$644,380	$1,223
2024	No data	No data	No data	No data
2023	$1,338,288	$1,005,917	$910,444	$332,371
2022	$973,764	$719,005	$591,900	$254,759
2021	$595,796	$439,256	$328,926	$156,540
2020	$399,112	$367,538	$211,615	$31,574
2019	$315,943	$455,190	$125,004	$-139,247
2018	$477,409	$607,344	$276,669	$-129,935

Arts for LA