MEDIA ARTS COUNCIL (EIN 203254963) - 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

Legal Domicile

Principal Officer

BRIAN KORS

Phone

4844454161

Tax Period

2024-01-01 to 2024-12-31

MEDIA ARTS COUNCIL is a small nonprofit in the Arts, Culture & Humanities sector that reported $299K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

ACTIVELY SUPPORTS LOCAL ARTISTS & INTERGRATE ARTS INTO THE LIFE OF OUR ENTIRE COMMUNITY. WE AIM TO INSPIRE AND CULTIVATE THE ARTS.

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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 $188,168

Program Service Revenue $109,523

Investment Income $270

Other Revenue $558

TOTAL REVENUE $298,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,458

Fundraising Expenses $34,769

Program Expenses $231,320

Other Expenses $218,793

TOTAL EXPENSES $312,251

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,519	$323,756	-0.1%
Expenses	$312,251	$366,550	-0.1%
Net Income	$-13,732	$-42,794	-0.7%

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
NANCY HESFORD	DIRECTOR	4.00	Officer	$0	$0	$0
BRIAN KORS	CO-PRESIDENT	4.00	Officer	$0	$0	$0
CHRIS O'NEILL	DIRECTOR	4.00	Officer	$0	$0	$0
STACY OLKOWSKI	CO-PRESIDENT	4.00	Officer	$0	$0	$0
CHRIS PEIFER	DIRECTOR	4.00	Officer	$0	$0	$0
TRACEY PRICE	DIRECTOR	4.00	Officer	$0	$0	$0
BRAD SUKALA	SECRETARY	4.00	Officer	$0	$0	$0
ADAM THURSTLIC	TREASURER	4.00	Officer	$0	$0	$0
SCOT WEIRICH	DIRECTOR	4.00	Officer	$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	$298,519	$312,251	$37,347	$-13,732
2023	$323,756	$366,550	$95,429	$-42,794
2022	$321,152	$311,062	$135,575	$10,090

MEDIA ARTS COUNCIL