CARMEL, IN
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)THE CENTER FOR THE PERFORMING ARTS INC, founded in 2006, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.4M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.9M, a strong 27% operating margin.
THE MISSION OF THE CENTER FOR THE PERFORMING ARTS IS TO ENGAGE AND INSPIRE THE CENTRAL INDIANA COMMUNITY THROUGH ENRICHING ARTS EXPERIENCES.
ARTISTIC PERFORMANCE:THE MISSION OF THE NONPROFIT ALLIED SOLUTIONS CENTER FOR THE PERFORMING ARTS IS TO ENGAGE AND INSPIRE THE INDIANA COMMUNITY THROUGH ENRICHING ARTS EXPERIENCES. ITS CAMPUS...
ARTISTIC PERFORMANCE:THE MISSION OF THE NONPROFIT ALLIED SOLUTIONS CENTER FOR THE PERFORMING ARTS IS TO ENGAGE AND INSPIRE THE INDIANA COMMUNITY THROUGH ENRICHING ARTS EXPERIENCES. ITS CAMPUS INCLUDES A 1,500-SEAT CONCERT HALL, THE PAYNE & MENCIAS PALLADIUM; A 500-SEAT PROSCENIUM THEATER, THE TARKINGTON; AND THE BLACK-BOX STUDIO THEATER. ALLIED SOLUTIONS CENTER PRESENTS AND HOSTS HUNDREDS OF EVENTS EACH YEAR, INCLUDING THE CENTER PRESENTS PERFORMANCE SEASON, FEATURING THE BEST IN CLASSICAL, JAZZ, POP, ROCK, AMERICAN SONGBOOK, COMEDY AND OTHER GENRES. ALLIED SOLUTIONS CENTER IS HOME TO THE AFFILIATED GREAT AMERICAN SONGBOOK FOUNDATION AND PROVIDES SPACE AND SUPPORT SERVICES FOR SIX RESIDENT ARTS COMPANIES. SINCE OPENING IN 2011, THE CAMPUS HAS HOSTED NEARLY 4,000 PERFORMANCES FOR 1.6 MILLION TICKETED PATRONS HAILING FROM ALL 92 INDIANA COUNTIES, ALL 50 STATES AND 30-PLUS NATIONS.
EDUCATION AND OUTREACH:ALLIED SOLUTIONS CENTER SERVES THE COMMUNITY THROUGH A RANGE OF EDUCATIONAL EXPERIENCES AND OUTREACH EVENTS FOR ALL AGES, INCLUDING CLASSES IN MUSIC AND STAND-UP COMEDY, CAMPUS...
EDUCATION AND OUTREACH:ALLIED SOLUTIONS CENTER SERVES THE COMMUNITY THROUGH A RANGE OF EDUCATIONAL EXPERIENCES AND OUTREACH EVENTS FOR ALL AGES, INCLUDING CLASSES IN MUSIC AND STAND-UP COMEDY, CAMPUS TOURS, MASTERCLASSES, CLINICS, EXCLUSIVE ARTIST Q&A SESSIONS FOR STUDENTS, THE PEANUT BUTTER & JAM PRESCHOOL PERFORMANCE SERIES, THE PALLADIUM BOOKIES READING CLUB, THE LUMINARIES WEEKDAY SPEAKER SERIES, THE PRISM PROJECT PERFORMING ARTS CAMP FOR YOUTH WITH DISABILITIES, AND THE NEW WORKS ARTIST COMMISSION PROGRAM. DURING FISCAL YEAR 2025, ATTENDANCE AT THESE PROGRAMS TOTALED MORE THAN 11,500.THE PERMANENTLY AFFILIATED GREAT AMERICAN SONGBOOK FOUNDATION WAS FOUNDED IN 2007 BY PERFORMER AND PRESERVATIONIST MICHAEL FEINSTEIN WITH A MISSION TO INSPIRE AND EDUCATE BY CELEBRATING THE GREAT AMERICAN SONGBOOK. THE FOUNDATION IS HOME TO A PUBLIC EXHIBIT GALLERY AND THE VAST SONGBOOK LIBRARY & ARCHIVES, WHICH PRESERVES ARTIFACTS, ARRANGEMENTS, CORRESPONDENCE AND OTHER MATERIALS FROM THE PERSONAL COLLECTIONS OF COMPOSERS, PERFORMERS AND OTHER FIGURES FROM THE 20TH CENTURY FOUNDATIONAL ERA OF AMERICAN POPULAR MUSIC. EACH YEAR THE FOUNDATION CONDUCTS THE SONGBOOK ACADEMY SUMMER INTENSIVE, A LEADING NATIONAL PROGRAM FOR HIGH SCHOOL SINGERS THAT IS DEDICATED TO THE MUSIC OF THE SONGBOOK. THE FOUNDATION ALSO RECOGNIZES LIFETIME ACHIEVEMENT IN SUPPORT OF THE SONGBOOK BY INDUCTING SONGWRITERS, SINGERS AND OTHER ARTISTS INTO THE GREAT AMERICAN SONGBOOK HALL OF FAME.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $14,400,710 | $9,482,568 | +0.5% |
| Expenses | $10,537,504 | $8,884,489 | +0.2% |
| Net Income | $3,863,206 | $598,079 | +5.5% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KATHLEEN KRUSIE | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIMMY RAYFORD | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN URBANSKI | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANE HAGEMAN | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA BRANIC | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN PHILPOTT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| YUAN XIAO OU | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ADAM ARCENEAUX | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANN DEE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN GALLINA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| NICK HRISOMALOS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JAYNE DURING | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE KUBACKI | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SOOMIN PARK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RON MENCIAS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TOM URICK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MINTI RAY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ELAINE BEDLE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BURDICK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| NATALIE ENGLEDOW | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BAIN FARRIS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| IRA MAHER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDRE PORTER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CARL BUTLER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RYAN DAVIS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE HEATON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HEATHER HALLIBURTON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SHELLY SCHWARZ | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BOBBY STEVENS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JEFF MCDERMOTT | CEO | 30.00 |
Officer
|
$273,190 | $41,472 | $314,662 |
| JEFF STEEG | COO | 36.00 |
Officer
|
$153,901 | $37,907 | $191,808 |
| MARK TRUETT | VP MARKETING | 39.00 |
Highest
|
$151,967 | $18,723 | $170,690 |
| DAN KEMER | VP PRODUCTION | 40.00 |
Highest
|
$154,285 | $41,496 | $195,781 |
| RAMONA ADAMS | VP EVENTS | 40.00 |
Highest
|
$122,831 | $21,293 | $144,124 |
| STEPHANIE CARTER | VP PEOPLE & CULTURE | 38.00 |
Highest
|
$113,073 | $16,948 | $130,021 |
| KENDRA LATTA | VP DEVELOPMENT | 28.00 |
Highest
|
$107,987 | $14,731 | $122,718 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $14,400,710 | $10,537,504 | $19,160,652 | $3,863,206 |
| 2024 | $9,482,568 | $8,884,489 | $15,221,449 | $598,079 |
| 2023 | $9,163,052 | $8,667,851 | $14,265,955 | $495,201 |
| 2022 | $11,638,935 | $7,908,971 | $14,208,110 | $3,729,964 |
| 2021 | $4,631,898 | $4,403,353 | $11,269,434 | $228,545 |
| 2020 | $8,123,796 | $6,974,577 | $10,128,533 | $1,149,219 |
| 2019 | $7,746,266 | $7,217,221 | $9,032,049 | $529,045 |
| 2018 | $8,641,179 | $7,967,667 | $6,954,431 | $673,512 |
Compare THE CENTER FOR THE PERFORMING ARTS INC with other nonprofits in Indiana and across the country.