SINACA STUDIOS - SCHOOL OF GLASS AND GALLERY

EIN: 261277545 501(c)(3) Arts, Culture & Humanities

FORT WORTH, TX

Total Revenue
$598,209
Total Expenses
$779,069
Total Assets
$167,663
Net Assets
$-473,534
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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
2007
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

SINACA STUDIOS - SCHOOL OF GLASS AND GALLERY, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $598K in total revenue in fiscal year 2023. Expenses of $779K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO DESIGN, BUILD AND MAINTAIN A STATE OF THE ART FACILITY DEDICATED TO EDUCATING A BROAD CROSS-SECTION OF THE COMMUNITY IN ALL FORMS OF ART GLASS STUDIO TECHNIQUES. SINACA OFFERS CLASSES, WORKSHOPS, AND STUDIO EQUIPMENT RENTAL, FACILITY RENTAL AND A PUBLIC GALLERY.

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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 $167,718
Program Service Revenue $405,971
Investment Income $2,722
Other Revenue $21,798
TOTAL REVENUE $598,209

Expense Breakdown

Grants Paid $48,411
Salaries & Benefits $436,657
Fundraising Expenses $19,007
Program Expenses $469,762
Other Expenses $284,536
TOTAL EXPENSES $779,069

Year-over-Year Comparison

2023 2022 Change
Revenue $598,209 $565,491 +0.1%
Expenses $779,069 $756,312 +0.0%
Net Income $-180,860 $-190,821 -0.1%
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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Governance

Voting Members
4
Independent Members
4
Employees
18
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
4
$0
Total Directors
0
$0
Key Employees
5
$237,023
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TATARA SIEGEL EDUCATION AND OUTREACH COORDI 30.00
Key Emp
$62,288 $0 $62,288
KEVIN MCGEHEE STUDIOS COORDINATOR 40.00
Key Emp
$54,235 $0 $54,235
CLIFTON CROFFORD EXECUTIVE DIRECTOR 40.00
Key Emp
$51,392 $0 $51,392
JEAN FERNANDES VISITING ARTIST COORDINATOR 30.00
Key Emp
$41,163 $0 $41,163
HEIDI CHILDERS OPERATIONS DIRECTOR 40.00
Key Emp
$27,945 $0 $27,945
NATALIA MARGARITA BOARD MEMBER 1.00
Officer
$0 $0 $0
ELIZABETH BERTHIAME BOARD MEMBER 1.00
Officer
$0 $0 $0
STEPHANIE TENNYSON SECRETARY 1.00
Officer
$0 $0 $0
MICHAEL CUMMINGS PRESIDENT 1.00
Officer
$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 $598,209 $779,069 $167,663 $-180,860
2022 $565,491 $756,312 $342,767 $-190,821
2021 $589,761 $690,050 $525,179 $-100,289
2020 $426,234 $493,378 $269,986 $-67,144
2019 $484,956 $519,122 $110,305 $-34,166
2018 $563,159 $548,937 $125,268 $14,222
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