Akron Creative Inc

EIN: 260855272 501(c)(3) Arts, Culture & Humanities

Akron, OH

Total Revenue
$793,291
Total Expenses
$552,798
Total Assets
$648,313
Net Assets
$623,972
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
OH
Phone
3302525782
Tax Period
2024-01-01 to 2024-12-31

Akron Creative Inc, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $793K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $240K, a strong 30% operating margin.

Mission

The Nightlight brings top-tier cinema to Akron. To advance cinema and community in tandem through the exhibitions of foreign art and independent films, connecting audiences through shared cinematic experiences.

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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 (2024)

Revenue Breakdown

Contributions & Grants $578,592
Program Service Revenue $157,364
Investment Income $8,299
Other Revenue $49,036
TOTAL REVENUE $793,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $294,006
Fundraising Expenses $15,961
Program Expenses $461,923
Other Expenses $258,792
TOTAL EXPENSES $552,798

Year-over-Year Comparison

2024 2023 Change
Revenue $793,291 $462,187 +0.7%
Expenses $552,798 $497,958 +0.1%
Net Income $240,493 $-35,771 -7.7%
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

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Governance

Voting Members
14
Independent Members
14
Employees
8
Volunteers
6

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
7
$90,615
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jenn Kidd Executive Director 40.00
Officer
$90,615 $0 $90,615
Cory Sheldon Trustee 1.00
Director
$0 $0 $0
Robin Zollinger Trustee 1.00
Director
$0 $0 $0
Michael Mosley Trustee 1.00
Director
$0 $0 $0
Brenda Cummins Trustee 1.00
Director
$0 $0 $0
Mariana Silva Trustee 1.00
Director
$0 $0 $0
Staci Shelton Trustee 1.00
Director
$0 $0 $0
Andrew Richards Treasurer 1.00
Officer Director
$0 $0 $0
Matthew Wachter Trustee 1.00
Officer Director
$0 $0 $0
Joy Moxon Chair 1.00
Officer Director
$0 $0 $0
Beth Knorr Secretary 1.00
Officer Director
$0 $0 $0
Julianne Roberts Trustee 1.00
Officer Director
$0 $0 $0
Erika Meschkat Trustee 1.00
Officer Director
$0 $0 $0
Liz Gage Trustee 1.00
$0 $0 $0
Theron Brown Trustee 1.00
$0 $0 $0
Michael McKeon Trustee 1.00
$0 $0 $0
Shalini Makkar Trustee 1.00
$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 $793,291 $552,798 $648,313 $240,493
2023 $462,187 $497,958 $437,748 $-35,771
2022 $352,903 $391,105 $426,817 $-38,202
2021 $455,134 $336,123 $469,917 $119,011
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