ARTS FOR THE CITY INC

EIN: 264817884 501(c)(3) Arts, Culture & Humanities

DES MOINES, IA

Total Revenue
$538,003
Total Expenses
$539,527
Total Assets
$355,835
Net Assets
$272,786
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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
2009
Legal Domicile
IA
Principal Officer
ELIZABETH FERRERIA
Phone
5157703380
Tax Period
2024-07-01 to 2025-06-30

ARTS FOR THE CITY INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $538K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

ASAP AFFIRMS YOUNG PEOPLE THROUGH THE ARTS BY PROVIDING ACCESS TO QUALITY, ENGAGING ARTS EXPERIENCES FOR LIFELONG IMPACT.

Program Service Accomplishments

Program 1
Expenses: $276,705 Revenue: $153,935

ASAP EXPANDS ACCESS TO THE ARTS FOR YOUNG PEOPLE IN DES MOINES THROUGH ENGAGING, EDUCATIONAL ARTS PROGRAMS LED BY TEACHING ARTISTS, AT DOZENS OF LOCATIONS WHERE KIDS ALREADY ARE. ASAP SERVED MORE...

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ASAP EXPANDS ACCESS TO THE ARTS FOR YOUNG PEOPLE IN DES MOINES THROUGH ENGAGING, EDUCATIONAL ARTS PROGRAMS LED BY TEACHING ARTISTS, AT DOZENS OF LOCATIONS WHERE KIDS ALREADY ARE. ASAP SERVED MORE THAN 10,000 PARTICIPANTS AT 56 LOCATIONS THROUGH A FULL YEAR OF PROGRAMS IN ALL ARTS DISCIPLINES: VISUAL, DANCE, MUSIC, DRAMA, LITERARY, CULINARY, AND MORE. PROGRAMS INCLUDED MULTI-WEEK AFTER-SCHOOL ARTS CLASSES; SCHOOL-DAY CURRICULUM-ALIGNED ARTS INTEGRATION; DRAMA CLUBS; PIANO LABS; SUMMER LEARNING-LOSS-PREVENTION; ARTS CAMPS; OUTREACH EVENTS; AND FREE WEEKLY DROP-IN ARTS CLASSES AT PUBLIC LIBRARY BRANCHES. GUIDED BY ITS CORE VALUES OF CONNECTION, CREATIVITY, COMMITMENT, AND CARE, ASAP CUSTOMIZES PROGRAMS TO MEET COMMUNITY NEEDS WHILE ADHERING TO BEST PRACTICES IN ARTS TEACHING, YOUTH DEVELOPMENT, SAFETY, AND NONPROFIT GOVERNANCE.

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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 $353,251
Program Service Revenue $153,935
Investment Income $7,923
Other Revenue $22,894
TOTAL REVENUE $538,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $187,972
Fundraising Expenses $147,624
Program Expenses $276,705
Other Expenses $351,555
TOTAL EXPENSES $539,527

Year-over-Year Comparison

2024 2023 Change
Revenue $538,003 $316,221 +0.7%
Expenses $539,527 $300,550 +0.8%
Net Income $-1,524 $15,671 -1.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
95

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
$65,730
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MACKENZIE SHEEHAN PRESIDENT 1.00
Officer Director
$0 $0 $0
YVETTE SANCHEZ VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ELIZABETH FERREIRA TREASURER 1.00
Officer Director
$0 $0 $0
KATHERINE HUTCHISON SECRETARY 1.00
Officer Director
$0 $0 $0
STEVE CALLISTEIN DIRECTOR 1.00
Director
$0 $0 $0
KATIE FLIPPEN DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN DAVENPORT DIRECTOR 1.00
Director
$0 $0 $0
JANAE GRAY DIRECTOR 1.00
Director
$0 $0 $0
DWAYNE KRPAN DIRECTOR 1.00
Director
$0 $0 $0
KELLEE MULLEN DIRECTOR 1.00
Director
$0 $0 $0
JILL WELLS DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE BOLTON KING EXECUTIVE DIRECTOR 40.00
Officer
$65,730 $0 $65,730
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 $538,003 $539,527 $355,835 $-1,524
2024 $316,221 $300,550 $255,573 $15,671
2023 $265,715 $199,325 $208,133 $66,390
2022 $197,783 $162,246 $111,828 $35,537
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