The Arts Hub (EIN 260174722) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

Andrew Krimm

Phone

3032291127

Tax Period

2023-01-01 to 2023-12-31

The Arts Hub, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $678K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $750K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ARTS HUB IS COMMITTED TO GROWING A STRONG ARTS COMMUNITY BY CONNECTING AND PROVIDING OPPORTUNITIES FOR DIVERSE POPULATIONS THROUGH A WIDE-RANGE OF ENGAGING ARTS SERVICES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,097

Program Service Revenue $595,676

Investment Income $16

Other Revenue $36,813

TOTAL REVENUE $677,602

Expense Breakdown

Grants Paid $1,300

Salaries & Benefits $240,555

Fundraising Expenses $22,369

Program Expenses $501,622

Other Expenses $508,261

TOTAL EXPENSES $750,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$677,602	$343,260	+1.0%
Expenses	$750,116	$301,399	+1.5%
Net Income	$-72,514	$41,861	-2.7%

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

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

$76,096

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA MCGOWAN	EXECUTIVE DIRECTOR	40.0	Officer	$76,096	$0	$76,096
CHRISTINE BERG	PRESIDENT (AS OF 08/23)	1.0	Officer Director	$0	$0	$0
SARAH COLOMINA	DIRECTOR (AS OF 05/23)	1.0	Director	$0	$0	$0
ANGELA WALDROP	DIRECTOR	1.0	Director	$0	$0	$0
OLIVIA MEIKLE	DIRECTOR	1.0	Director	$0	$0	$0
CHRISTOPHER ESTOLL	DIRECTOR (AS OF 06/23)	1.0	Director	$0	$0	$0
AMY ABRAMS	DIRECTOR	1.0	Director	$0	$0	$0
SARA GESSNER WALLACE	PRESIDENT (THRU 08/23)	1.0	Officer 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	$677,602	$750,116	$2,897,706	$-72,514
2022	$473,580	$492,024	$2,995,694	$-18,444
2022	$343,260	$301,399	$2,994,967	$41,861
2021	$269,380	$180,135	$3,057,193	$89,245
2020	$369,953	$408,509	$3,047,922	$-38,556
2019	$502,369	$524,528	$3,092,821	$-22,159

The Arts Hub