ST JOSEPH, MI
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)KRASL ART CENTER INC, founded in 1967, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Net assets of $10.7M represent 81 months of operating reserves.
INSPIRE MEANINGFUL CHANGE AND STRENGTHEN COMMUNITY THROUGH THE VISUAL ARTS.
SUPPORTING ARTISTS: KRASL ART CENTER PROVIDES OPPORTUNITIES FOR VISUAL ARTISTS TO SELL THEIR ONE-OF-A-KIND ARTWORKS THROUGH SUMMER ART MARKETS, ITS NATIONALLY RANKED ANNUAL ART FAIR, AND ITS GIFT...
SUPPORTING ARTISTS: KRASL ART CENTER PROVIDES OPPORTUNITIES FOR VISUAL ARTISTS TO SELL THEIR ONE-OF-A-KIND ARTWORKS THROUGH SUMMER ART MARKETS, ITS NATIONALLY RANKED ANNUAL ART FAIR, AND ITS GIFT SHOP WHICH FOCUSES ON ARTIST MADE GOODS, AS WELL AS OTHER SPECIAL EVENTS THROUGHOUT THE YEAR. KRASL ALSO EMPLOYS ARTISTS AS FACULTY FOR ITS ROBUST OFFERING OF STUDIO CLASSES YEAR ROUND.
CURATORIAL - THE ORGANIZATION FEATURES EXCEPTIONAL FINE ART EXHIBITIONS THROUGHOUT THE YEAR INCLUDING HISTORICAL AND CONTEMPORARY ART IN ITS MAIN GALLERIES, AND INSTALLATION-BASED IMMERSIVE...
CURATORIAL - THE ORGANIZATION FEATURES EXCEPTIONAL FINE ART EXHIBITIONS THROUGHOUT THE YEAR INCLUDING HISTORICAL AND CONTEMPORARY ART IN ITS MAIN GALLERIES, AND INSTALLATION-BASED IMMERSIVE EXPERIENCES IN THE LAB. ADDITIONALLY, CONTEMPORARY SCULPTURE FROM THE ORGANIZATION'S PERMANENT COLLECTION IS SHOWCASED 24 HOURS A DAY, 365 DAYS OF THE YEAR IN OUTDOOR LOCATIONS ON THE CENTER'S GROUNDS, AT LOCAL COLLEGE CAMPUSES AS WELL AS CITY AND COUNTY PARKS THROUGHOUT ST. JOSEPH AND BENTON HARBOR, MICHIGAN.
ART EDUCATION - THE ORGANIZATION PROVIDES STUDIO ART CLASSES IN A VARIETY OF MEDIA TO INDIVIDUALS OF ALL AGES AND SKILL SETS. HOMESCHOOLERS, PUBLIC SCHOOL STUDENTS, ADULTS AND SENIORS REGISTER AND...
ART EDUCATION - THE ORGANIZATION PROVIDES STUDIO ART CLASSES IN A VARIETY OF MEDIA TO INDIVIDUALS OF ALL AGES AND SKILL SETS. HOMESCHOOLERS, PUBLIC SCHOOL STUDENTS, ADULTS AND SENIORS REGISTER AND ARE ELIGIBLE FOR SCHOLARSHIP FUNDS TO ATTEND. THE KAC OFFERS WEEKLY GALLERY TOURS, FREE MONTHLY FAMILY DAYS AND BIANNUAL STUDIO OPEN HOUSES. IT PARTNERS WITH LOCAL SCHOOLS, YOUTH PROGRAMS, PROFESSIONAL GROUPS AND ARTS AND CULTURE ORGANIZATIONS TO PROVIDE PROGRAMS SUCH AS THE COASTLINE CHILDERN'S FILM FESTIVAL, COMMUNITY STUDENT ART EXHIBITIONS, ANNUAL JUNETEENTH FESTIVITIES, AND PECHAS KUCHA. THE KAC ALSO PROVIDES INTEGRAL ART OUTREACH THROUGH PROGRAMS LIKE ART ANGELS, SERVING MEDICAL PATIENTS. PROGRAMS ARE OFFERED ON SITE AND THROUGHOUT THE COMMUNITIES OF ST. JOSEPH AND BENTON HARBOR, MICHIGAN.
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 | $1,584,698 | $1,284,760 | +0.2% |
| Expenses | $1,552,653 | $1,541,667 | +0.0% |
| Net Income | $32,045 | $-256,907 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| ZACHARY VAUGHN | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| GRACE KELMER | VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAULETTE JOHNSON | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL FLETCHER | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BUDD HAEMER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN CORKHILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT KAISER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA BROOKS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PRINCELLA TOBIAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISON BULLOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JUAN GANUM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMI FAUVER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$105,732 | $0 | $105,732 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,584,698 | $1,552,653 | $10,721,811 | $32,045 |
| 2024 | $1,284,760 | $1,541,667 | $10,858,812 | $-256,907 |
| 2023 | $1,297,716 | $1,497,720 | $10,181,417 | $-200,004 |
| 2022 | $964,721 | $1,226,966 | $9,652,045 | $-262,245 |
| 2021 | $1,452,128 | $991,687 | $11,694,289 | $460,441 |
| 2020 | $866,895 | $966,832 | $10,782,493 | $-99,937 |
| 2019 | $1,729,195 | $1,308,553 | $10,630,157 | $420,642 |
| 2018 | $1,908,239 | $1,759,259 | $11,218,116 | $148,980 |
Compare KRASL ART CENTER INC with other nonprofits in Michigan and across the country.