ST CLAIR ART ASSOCIATION INC

EIN: 237165977 501(c)(3) Arts, Culture & Humanities

ST CLAIR, MI

Total Revenue
$271,294
Total Expenses
$112,380
Total Assets
$325,332
Net Assets
$311,170
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MI
Principal Officer
LORI HANNON
Phone
8103299576
Tax Period
2023-10-01 to 2024-09-30

ST CLAIR ART ASSOCIATION INC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $271K in total revenue in fiscal year 2023. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $159K, a strong 59% operating margin.

Mission

PROMOTE ART AND ARTS EDUCATION IN COMMUNITY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,095
Program Service Revenue $51,460
Investment Income $88,076
Other Revenue $6,663
TOTAL REVENUE $271,294

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,783
Fundraising Expenses $0
Program Expenses $72,156
Other Expenses $99,597
TOTAL EXPENSES $112,380

Year-over-Year Comparison

2023 2022 Change
Revenue $271,294 $85,600 +2.2%
Expenses $112,380 $109,765 +0.0%
Net Income $158,914 $-24,165 -7.6%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
N/A

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY ATTEBURY DIRECTOR N/A
Director
$0 $0 $0
LORI BARNEY SECRETARY N/A
Officer Director
$0 $0 $0
PATRICIA BOBER DIRECTOR N/A
Director
$0 $0 $0
GWENDOLYN BRESINSKI TREASURER N/A
Officer Director
$0 $0 $0
MICHELE FAGAN DIRECTOR N/A
Director
$0 $0 $0
LORI HANNON PRESIDENT N/A
Officer Director
$0 $0 $0
LISA HERMESMEYER DIRECTOR N/A
Director
$0 $0 $0
HEATHER HYSLOP DIRECTOR N/A
Director
$0 $0 $0
VICKY PATH DIRECTOR N/A
Director
$0 $0 $0
PENNELOPE PECK DIRECTOR N/A
Director
$0 $0 $0
JOHN STEFFY DIRECTOR N/A
Director
$0 $0 $0
JASON STIER VP N/A
Officer Director
$0 $0 $0
JESSE WHITE DIRECTOR N/A
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
2024 $271,294 $112,380 $325,332 $158,914
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ST CLAIR ART ASSOCIATION INC with other nonprofits in Michigan and across the country.