THE N'NAMDI CENTER FOR CONTEMPORARY ART

EIN: 272784509 501(c)(3) Arts, Culture & Humanities

DETROIT, MI

Total Revenue
$414,869
Total Expenses
$406,254
Total Assets
$51,308
Net Assets
$18,564
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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
MI
Principal Officer
GEORGE N'NAMDI
Phone
3138318700
Tax Period
2023-01-01 to 2023-12-31

THE N'NAMDI CENTER FOR CONTEMPORARY ART, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $415K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

TO PROVIDE ENRICHMENT AND EDCATIONAL ACTIVITIES, EXHIBITION, AND PROMOTION OF ART AND CULTURE

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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 $930
Program Service Revenue $350,791
Investment Income $0
Other Revenue $63,148
TOTAL REVENUE $414,869

Expense Breakdown

Grants Paid $120
Salaries & Benefits $84,798
Fundraising Expenses $0
Program Expenses $324,174
Other Expenses $321,336
TOTAL EXPENSES $406,254

Year-over-Year Comparison

2023 2022 Change
Revenue $414,869 $515,116 -0.2%
Expenses $406,254 $423,036 0.0%
Net Income $8,615 $92,080 -0.9%
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
1
Independent Members
N/A
Employees
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE N'NAMDI PRESIDENT 1.00
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
2024 No data No data No data No data
2023 $414,869 $406,254 $51,308 $8,615
2021 $420,995 $485,893 $22,844 $-64,898
2020 $279,149 $191,335 $88,829 $87,814
2019 $176,110 $256,458 $7,563 $-80,348
2018 $579,266 $509,496 $189,528 $69,770
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