South Side Community Art Center

EIN: 237359897 501(c)(3)

Chicago, IL

Total Revenue
$2,225,416
Total Expenses
$1,015,608
Total Assets
$9,376,750
Net Assets
$7,086,636
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
IL
Phone
7733731026
Tax Period
2023-01-01 to 2023-12-31

South Side Community Art Center, founded in 1940, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 54% operating margin.

Mission

The Southside Community Art Centers Mission is to Preserve, Conserve, and Promote the Legacy and Future of African American Art and Artists while Educating the Community on the Value of Art and Culture.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,220,404
Program Service Revenue $0
Investment Income $2,556
Other Revenue $2,456
TOTAL REVENUE $2,225,416

Expense Breakdown

Grants Paid $0
Salaries & Benefits $480,123
Fundraising Expenses $0
Program Expenses $826,351
Other Expenses $535,485
TOTAL EXPENSES $1,015,608

Year-over-Year Comparison

2023 2022 Change
Revenue $2,225,416 $1,508,477 +0.5%
Expenses $1,015,608 $714,801 +0.4%
Net Income $1,209,808 $793,676 +0.5%
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

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Governance

Voting Members
12
Independent Members
12
Employees
8
Volunteers
5

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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lance Gough Board Member 1.00
Director
$0 $0 $0
Susan Smith Board Member 1.00
Director
$0 $0 $0
Twyler L Jenkins Board Member 1.00
Director
$0 $0 $0
Robert Guttman Emeritus Board Member 1.00
Director
$0 $0 $0
Bianca Yarborough Board Member 1.00
Director
$0 $0 $0
Philip Gant Board Member 1.00
Director
$0 $0 $0
Judy Matthews Treasurer 1.00
Officer
$0 $0 $0
Bill Michel Assistant Treasurer 1.00
Officer
$0 $0 $0
Jennifer Hale Vice President 1.00
Officer
$0 $0 $0
Rebecca Zorach Secretary 1.00
Officer
$0 $0 $0
Bryan M Perry III President 1.00
Officer
$0 $0 $0
Monique Brinkman-Hill Executive Director 40.00
Highest
$103,587 $0 $103,587
Alicia Bunton Board Member 1.00
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 No data No data No data No data
2023 $2,225,416 $1,015,608 $9,376,750 $1,209,808
2023 $1,386,915 $949,160 $3,838,035 $437,755
2022 $1,508,477 $714,801 $2,172,014 $793,676
2021 $1,103,265 $666,094 $1,362,585 $437,171
2020 $540,901 $327,510 $1,138,405 $213,391
2019 $858,346 $364,202 $1,107,387 $494,144
2018 $402,654 $274,024 $839,393 $128,630
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