VERGE CENTER FOR THE ARTS

EIN: 272378275 501(c)(3) Arts, Culture & Humanities

SACRAMENTO, CA

Total Revenue
$892,750
Total Expenses
$797,915
Total Assets
$1,895,364
Net Assets
$285,651
🔒

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
2010
Legal Domicile
CA
Principal Officer
LIVIA MOE
Phone
9164482985
Tax Period
2023-01-01 to 2023-12-31

VERGE CENTER FOR THE ARTS, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $893K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $798K left a modest 11% surplus.

Mission

TO SUPPORT AND ENCOURAGE THE DEVELOPMENT OF ART AND ARTISTS, INCLUDING BUT NOT LIMITED TO THE SUPPORT OF CONTEMPORARY ART AND ARTISTS IN CALIFORNIA, ARTIST RESIDENCY PROGRAMS, EDUCATIONAL PROGRAMS, PROVIDING RESOURCES TO ARTISTS REGARDING FUNDING AND EXHIBITION OPPORTUNITIES, AND TO CARRY ON OTHER PUBLIC AND CHARITABLE ACTIVITIES ASSOCIATED WITH THIS GOAL. THIS WILL BE FURTHERED THROUGH 1) ESTABLISHING AND RUNNING AN ART GALLERY WHICH PRODUCES HIGH-CALIBER CONTEMPORARY ART PROGRAMING FOR THE SACRAMENTO REGION IN THE ORGANIZATIONS FACILITIES 2) OPERATION OF AN ARTIST RESIDENCY PROGRAM PROVIDING LOW AND NO COST STUDIO SPACE TO WORKING ARTISTS 3) UTILIZING THE ORGANIZATIONS FACILITIES TO PROVIDE ART EDUCATION AND REFERENCE RESOURCES INCLUDING A COMMUNITY PRINT LAB.

Program Service Accomplishments

Program 1
Expenses: $122,367 Revenue: $9,886

VERGE PROVIDES SUBSIDIZED STUDIOS TO 53 ARTISTS THROUGH OUR RESIDENT ART STUDIO PROGRAM. IN ADDITION TO LOW COST WORK SPACE, ARTISTS ARE AFFORDED ALL THE BENEFITS OF A VERGE MEMBERSHIP, A MONTHLY...

Read more

VERGE PROVIDES SUBSIDIZED STUDIOS TO 53 ARTISTS THROUGH OUR RESIDENT ART STUDIO PROGRAM. IN ADDITION TO LOW COST WORK SPACE, ARTISTS ARE AFFORDED ALL THE BENEFITS OF A VERGE MEMBERSHIP, A MONTHLY ARTIST SALON FACILITATED BY VERGE STAFF, ACCESS TO SPECIALIZED ART EQUIPMENT INCLUDING OUR PRINTMAKING FACILITY, AND DISCOUNTS ON VERGE PROGRAMS.

Program 2
Expenses: $70,844 Revenue: $73,535

THE DEVELOPMENT DEPARTMENT'S PRIMARY FOCUS IS ON VERGE'S NON-PROGRAMMATIC (I.E. EDUCATION AND/OR PUBLIC PROGRAMS LIKE "MOVIES ON THE VERGE") FUNDRAISING EFFORTS INCLUDING GRANTS, TICKETED FUNDRAISERS...

Read more

THE DEVELOPMENT DEPARTMENT'S PRIMARY FOCUS IS ON VERGE'S NON-PROGRAMMATIC (I.E. EDUCATION AND/OR PUBLIC PROGRAMS LIKE "MOVIES ON THE VERGE") FUNDRAISING EFFORTS INCLUDING GRANTS, TICKETED FUNDRAISERS LIKE TV DINNER OR THE VERGE ART AUCTION, UNRESTRICTED GIVING DAYS LIKE THE REGIONAL BIG DAY OF GIVING OR GIVING TUESDAY, VERGE MEMBERSHIPS, SOLICITING GENERAL DONATIONS AS WELL AS IN-KIND DONATIONS OF GOODS AND SERVICES, IN ADDITION TO COORDINATING WITH VERGE'S DIRECTOR TO TRACK ONGOING PLEDGES AND RECURRING GIFTS.

Program 3
Expenses: $161,009 Revenue: $92,432

SAC OPEN STUDIOS IS A CITY WIDE STUDIO TOUR FEATURING OVER 273 PARTICIPATING ARTISTS. VERGE PUBLISHES A STUDIO GUIDE THAT INCLUDES A DIRECTORY AND MAPS FOR ALL PARTICIPATING ARTISTS, AN EXHIBITION OF...

Read more

SAC OPEN STUDIOS IS A CITY WIDE STUDIO TOUR FEATURING OVER 273 PARTICIPATING ARTISTS. VERGE PUBLISHES A STUDIO GUIDE THAT INCLUDES A DIRECTORY AND MAPS FOR ALL PARTICIPATING ARTISTS, AN EXHIBITION OF PARTICIPATING ARTISTS WORK, AS WELL AS WORKSHOPS ON HOW TO DOCUMENT YOUR WORK AND PROMOTE YOUR PRACTICE FOR TOUR EVENTS. THIS IS THE LARGEST CITY-WIDE ART EVENT IN SACRAMENTO WITH APPROXIMATELY 25,000 TOUR GOERS ATTENDING EACH YEAR.

🔒

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 $503,483
Program Service Revenue $317,239
Investment Income $6,416
Other Revenue $65,612
TOTAL REVENUE $892,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $413,624
Fundraising Expenses $70,397
Program Expenses $644,034
Other Expenses $384,291
TOTAL EXPENSES $797,915

Year-over-Year Comparison

2023 2022 Change
Revenue $892,750 $658,828 +0.4%
Expenses $797,915 $750,748 +0.1%
Net Income $94,835 $-91,920 -2.0%
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
20
Independent Members
20
Employees
24
Volunteers
16

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
$76,546
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GWENNA HOWARD PRESIDENT 1.00
Officer Director
$0 $0 $0
PHIL CUNNINGHAM CO-TREASURER 1.00
Officer Director
$0 $0 $0
KELLY LINDNER SECRETARY 1.00
Officer Director
$0 $0 $0
GERARDO CABRAL DIRECTOR 1.00
Director
$0 $0 $0
PHIL ISENBERG DIRECTOR 1.00
Director
$0 $0 $0
DARRENE HACKLER DIRECTOR 1.00
Director
$0 $0 $0
SARAH BARKAWI DIRECTOR 1.00
Director
$0 $0 $0
RICHARD BAUMHOFER DIRECTOR 1.00
Director
$0 $0 $0
RENEE CARTER DIRECTOR 1.00
Director
$0 $0 $0
SANDRA KOPP DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE ANN MILLER DIRECTOR 1.00
Director
$0 $0 $0
GAIL COUNTS MILLER DIRECTOR 1.00
Director
$0 $0 $0
BETTY MOULDS DIRECTOR 1.00
Director
$0 $0 $0
CARLIN NAIFY DIRECTOR 1.00
Director
$0 $0 $0
GLORIA NAIFY DIRECTOR 1.00
Director
$0 $0 $0
MOLLY STROUD DIRECTOR 1.00
Director
$0 $0 $0
ANETTE SMITH DIRECTOR 1.00
Director
$0 $0 $0
PAULETTE TRAINOR DIRECTOR 1.00
Director
$0 $0 $0
JAYNE RASSMUSSEN DIRECTOR 1.00
Director
$0 $0 $0
CARRIE DOUGLAS FONG DIRECTOR 1.00
Director
$0 $0 $0
DENISE TIMMONS DIRECTOR 1.00
Director
$0 $0 $0
MUZI LI ROWE DIRECTOR 1.00
Director
$0 $0 $0
LIVIA MOE EXECUTIVE DIRECTOR 40.00
Officer
$73,169 $3,377 $76,546
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 No data No data No data No data
2023 $892,750 $797,915 $1,895,364 $94,835
2023 $892,750 $797,915 $1,872,705 $94,835
2022 $658,828 $750,748 $1,867,154 $-91,920
2021 $656,841 $719,809 $1,979,629 $-62,968
2020 $730,406 $732,808 $2,131,330 $-2,402
2019 $662,480 $729,658 $2,066,791 $-67,178
2018 $675,215 $654,371 $2,154,644 $20,844
2017 $690,598 $603,755 $1,886,201 $86,843
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VERGE CENTER FOR THE ARTS with other nonprofits in California 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.