TRIAD CULTURAL ARTS INC

EIN: 261170872 501(c)(3) Arts, Culture & Humanities

WINSTON SALEM, NC

Total Revenue
$433,307
Total Expenses
$284,905
Total Assets
$396,770
Net Assets
$393,471
🔒

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
2007
Legal Domicile
NC
Principal Officer
CHERYL HARRY
Tax Period
2023-07-01 to 2024-06-30

TRIAD CULTURAL ARTS INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $433K in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 34% operating margin.

Mission

TRIAD CULTURAL ARTS (TCA) IS A COMMUNITY BASED MULTI-DISCIPLINARY CULTURAL ARTS ORGANIZATION AND A LEADER IN BRINGING RECOGINITION TO BLACK AMERICAN HISTIORY AND CULTURE. TCA IS DEDICATED TO PRESENTING PROGRAMMING THAT CONTRIBUTES TO A CULTURALLY COMPETENT 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 $390,626
Program Service Revenue $42,581
Investment Income $100
Other Revenue $0
TOTAL REVENUE $433,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,678
Fundraising Expenses $0
Program Expenses $253,193
Other Expenses $172,227
TOTAL EXPENSES $284,905

Year-over-Year Comparison

2023 2022 Change
Revenue $433,307 $217,418 +1.0%
Expenses $284,905 $196,036 +0.5%
Net Income $148,402 $21,382 +5.9%
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

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
2
Volunteers
50

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
$25,000
Total Directors
8
$0
Key Employees
1
$25,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL HARRY EXECUTIVE DIRECTOR 40.00
Officer Key Emp
$25,000 $0 $25,000
BRENDA LATHAM-SADLER MD DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER WESTON DIRECTOR 1.00
Director
$0 $0 $0
FABBY WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SUGGS DIRECTOR 1.00
Director
$0 $0 $0
KAAMILYA CROSS DIRECTOR 1.00
Director
$0 $0 $0
CAROL DAVIS INTERIM CHAIR 2.00
Officer Director
$0 $0 $0
GAIL ANDERSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JACQUE LAWRENCE SECRETARY 1.00
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
2025 No data No data No data No data
2024 $433,307 $284,905 $396,770 $148,402
2023 $217,418 $196,036 $245,069 $21,382
2022 $284,920 $154,045 $223,687 $130,875
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TRIAD CULTURAL ARTS INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.