GREEN BOX ARTS PROJECT

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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

Principal Officer

ELIZABETH K EICKMAN

Phone

4057673702

Tax Period

2025-01-01 to 2025-12-31

GREEN BOX ARTS PROJECT, founded in 2009, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2025.

Mission

GREEN BOX ARTS PROJECT IS ORGANIZED TO ENCOURAGE ARTISTS, RESIDENTS AND VISITORS TO PARTICIPATE IN THE CREATIVE ARTS IN THE NATURAL BEAUTY OF GREEN MOUNTAIN FALLS, CO. WE ENGAGE OUR COMMUNITY THROUGH PERFORMANCE, EXHIBITIONS, EDUCATION, CONVERSATIONS, CELEBRATIONS AND AN ARTIST-IN-RESIDENCE PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $735,387

Green Box provided year-round programming in 2025. Approximately 100,000 unique people engaged with Green Box throughout the year by participating in events during the 17h Annual Green Box Arts...

Green Box provided year-round programming in 2025. Approximately 100,000 unique people engaged with Green Box throughout the year by participating in events during the 17h Annual Green Box Arts Festival including performances by Colorado Ballet, visiting the collection of 15 Art Installations including the Green Mountain Falls Skyspace by James Turrell and Off The Beaten Path by Patrick Shearn of Poetic Kinetics, engaging with resident artists through workshops, performances, and other creative opportunities, and being a camper as part of our Summer Arts Camps and field trips to our campus in Green Mountain Falls, Colorado.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,034,062

Program Service Revenue $165,084

Investment Income $0

Other Revenue $10,967

TOTAL REVENUE $1,210,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $134,352

Program Expenses $735,387

Other Expenses $1,254,329

TOTAL EXPENSES $1,254,329

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,210,113	$1,248,720	0.0%
Expenses	$1,254,329	$1,144,967	+0.1%
Net Income	$-44,216	$103,753	-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

N/A

Volunteers

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
CHRISTIAN KEESEE	PRESIDENT	001.00	Officer Director	$0	$0	$0
CAROL BLACKWOOD	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
ELIZABETH MEE PAYNE	SECRETARY	001.00	Officer Director	$0	$0	$0
ELIZABETH K EICKMAN	TREASURER	001.00	Officer Director	$0	$0	$0
LARRY KEIGWIN	BOARD MEMBER	001.00	Director	$0	$0	$0
JOCELYN WALL	BOARD MEMBER	001.00	Director	$0	$0	$0
PARD MORRISON	BOARD MEMBER	001.00	Director	$0	$0	$0
DAVID SIEGEL	BOARD MEMBER	001.00	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	$1,210,113	$1,254,329	$942,614	$-44,216
2024	$1,248,720	$1,144,967	$186,158	$103,753
2023	$1,007,667	$1,147,860	$74,176	$-140,193
2022	$942,577	$887,774	$797,574	$54,803
2021	$413,437	$691,096	$251,699	$-277,659
2020	$624,895	$295,810	$408,690	$329,085
2019	$877,305	$860,564	$64,011	$16,741
2018	$325,415	$324,284	$124,915	$1,131