SOUTH SHORE ARTS INC

🔒

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

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

JONATHAN CANNING

Phone

2198361839

Tax Period

2024-07-01 to 2025-06-30

SOUTH SHORE ARTS INC, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $992K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

PROMOTION OF THE ARTS ACROSS THE REGION TO TRANSOFRM LIVES AND STRENGTHEN COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $297,635 Revenue: $153,639

ARTS EDUCATION, OUTREACH, AND FEE-FOR-SERVICE PROGRAMS LIKE OUR "EVERYKID" OUTREACH (3,000+ ELEMENTARY SCHOOL STUDENTS) AS WELL AS OUR FAMILY ARTS FEST (500+ FAMILY MEMBER ATTENDEES) AND OTHER...

ARTS EDUCATION, OUTREACH, AND FEE-FOR-SERVICE PROGRAMS LIKE OUR "EVERYKID" OUTREACH (3,000+ ELEMENTARY SCHOOL STUDENTS) AS WELL AS OUR FAMILY ARTS FEST (500+ FAMILY MEMBER ATTENDEES) AND OTHER COMMUNITY EVENTS, TEEN ARTS BOARD PROGRAM, PARTNERSHIPS WITH LOCAL NFPS, SEMI-MONTHLY ART IN FOCUS ART APPRECIATION LECTURES (1,600 ATTENDEES ANNUALLY), AND OUR REGULAR STUDIO CLASSES (1,000+ ENROLLED ART STUDENTS EACH YEAR).

Program 2

Expenses: $130,576 Revenue: $84,619

EXHIBITIONS OF ART, ARTISTS, AND CULTURES IN AS MANY AS 5 DIFFERENT GALLERY SPACES HOUSING OVER 20 DIFFERENT EXHIBITIONS LAST YEAR.

Program 3

Expenses: $200,477 Revenue: $209,261

SINCE 1997, THE ORGANIZATION HAS SERVED AS A REGIONAL ARTS PARTNER OF THE INDIANA ARTS COMMISSION, PROVIDING TECHNICAL ASSISTANCE, INFORMATION, AND REFERRAL SERVICES AND GRANT-MAKING IN LAKE, PORTER, AND LAPORTE COUNTIES. THE ORGANIZATION ALSO PROVIDES TECHNICAL ASSISTANCE, INFORMATION, AND REFERRAL SERVICES TO OTHER ARTS ORGANIZATIONS INDEPENDENT OF THE INDIANA ARTS COMMISSION PARTNERSHIP.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $483,968

Program Service Revenue $397,064

Investment Income $65,235

Other Revenue $45,273

TOTAL REVENUE $991,540

Expense Breakdown

Grants Paid $26,049

Salaries & Benefits $574,538

Fundraising Expenses $40,830

Program Expenses $628,688

Other Expenses $400,702

TOTAL EXPENSES $1,001,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$991,540	$903,577	+0.1%
Expenses	$1,001,289	$1,026,733	0.0%
Net Income	$-9,749	$-123,156	-0.9%

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

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

$135,397

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEANE CERVEN	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
WILLIAM NEFF	PRESIDENT	2.00	Officer Director	$0	$0	$0
KAREN RAAB	DIRECTOR	2.00	Director	$0	$0	$0
AMY KOUFOS	DIRECTOR	2.00	Director	$0	$0	$0
DENISE DILLARD	DIRECTOR	2.00	Director	$0	$0	$0
JENNY YALOWITZ	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY WILLETT	DIRECTOR	2.00	Director	$0	$0	$0
JUDITH MAYER	DIRECTOR	2.00	Director	$0	$0	$0
KAREN MARAVILLA	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL KOLAR	DIRECTOR	2.00	Officer Director	$0	$0	$0
MONICA JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
CARLY BRANDENBURG	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTIAN BARTHOLOMEW	DIRECTOR	2.00	Director	$0	$0	$0
BRUCE CEGUR	DIRECTOR	2.00	Director	$0	$0	$0
ARUNA CHAUBAL	DIRECTOR	2.00	Director	$0	$0	$0
GUSTAVO GALANTE	DIRECTOR	2.00	Director	$0	$0	$0
DANETTE GARZA	DIRECTOR	2.00	Director	$0	$0	$0
KRISTIN NGCHEE	DIRECTOR	2.00	Director	$0	$0	$0
ANNE GREGORY	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY HALPERN	DIRECTOR	2.00	Director	$0	$0	$0
JULIE MINTZ	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY MODIGELL	DIRECTOR	2.00	Director	$0	$0	$0
AMANDA PANAGGIO	DIRECTOR	2.00	Director	$0	$0	$0
ADAM ROBERTSON	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH SKIBBIE	DIRECTOR	2.00	Director	$0	$0	$0
LISA TYREE	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MIKA	EXECUTIVE DIRECTOR - THROUGH 6.1.25	20.00	Officer	$118,137	$17,260	$135,397
JONATHAN CANNING	EXECUTIVE DIRECTOR - AS OF 6.1.25	20.00	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
2025	$991,540	$1,001,289	$1,274,333	$-9,749
2024	No data	No data	No data	No data
2023	$617,894	$793,098	$2,400,434	$-175,204
2022	$1,276,696	$726,484	$2,356,106	$550,212
2021	$657,189	$588,753	$2,698,401	$68,436
2020	$1,054,118	$1,075,213	$2,300,294	$-21,095
2019	$1,275,652	$1,387,252	$2,320,133	$-111,600