ARTS GROUP

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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

2010

Legal Domicile

Principal Officer

Johnny West

Phone

2026817176

Tax Period

2019-01-01 to 2019-12-31

ARTS GROUP, founded in 2010, is a small nonprofit that reported $320K in total revenue in fiscal year 2019. Expenses of $364K exceeded revenue, resulting in a 14% operating deficit.

Mission

To develop spaces and opportunities for emerging artists to explore and create.

Program Service Accomplishments

Program 1

Expenses: $60,897 Revenue: $9,852

ArtsGroup sponsored the DMV to A3C Stage where we selected 13 up and coming music artists and gave them free room and board, transportation to the Ac3 Music festival and conference in Atlanta, GA...

ArtsGroup sponsored the DMV to A3C Stage where we selected 13 up and coming music artists and gave them free room and board, transportation to the Ac3 Music festival and conference in Atlanta, GA. The conference provide development and training around the hip hop industry- it trains musicians to have more business acumen and creates a networking experience for artists. We sponsored the trip to Atlanta from DC to build up awareness of the DC music scene, and sponsored a music concert to showcase DC's music culture.

Program 2

Expenses: $41,371 Revenue: $50,617

We provide several event spaces for artists to rent for pop-ups, launch parties, listening parties, etc.

Program 3

Expenses: $30,039 Revenue: $100,000

Our Young Moguls program is a workforce development program that trains young people from the ages of 16-24 of how to be successful in their respective fields. In the program, students are given...

Our Young Moguls program is a workforce development program that trains young people from the ages of 16-24 of how to be successful in their respective fields. In the program, students are given access to workshops that equip them with the tools to develop in particular career tracks.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $320,326

Investment Income $0

Other Revenue $0

TOTAL REVENUE $320,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,932

Fundraising Expenses $39

Program Expenses $287,221

Other Expenses $351,043

TOTAL EXPENSES $363,975

Year-over-Year Comparison

	2019	2018	Change
Revenue	$320,326	$330,089	0.0%
Expenses	$363,975	$348,301	+0.0%
Net Income	$-43,649	$-18,212	+1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Johnny West	Director	5	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
2019	$320,326	$363,975	$-31,032	$-43,649