Space 4 Art Inc (EIN 274003216) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Emily Knapp

Phone

6192697230

Tax Period

2024-01-01 to 2024-12-31

Space 4 Art Inc, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $507K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $485K left a modest 4% surplus.

Mission

To establish a dynamic creative center where artists live work mentor youth and interact with the community in an innovative and educational environment.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $282,819

Program Service Revenue $212,569

Investment Income $11,539

Other Revenue $0

TOTAL REVENUE $506,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,053

Fundraising Expenses $68,791

Program Expenses $353,608

Other Expenses $264,012

TOTAL EXPENSES $485,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$506,927	$538,013	-0.1%
Expenses	$485,065	$467,934	+0.0%
Net Income	$21,862	$70,079	-0.7%

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

Governance

Voting Members

Independent Members

Employees

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
Emily Knapp	President	5.10	Officer Director	$0	$0	$0
Anna Gallich	Treasurer	1.30	Officer Director	$0	$0	$0
Linda Litteral	Secretary	1.80	Officer Director	$0	$0	$0
Michael Stepner	Director	1.30	Director	$0	$0	$0
Robert Leathers	Director Co-Founder	3.50	Director	$0	$0	$0
Martha Zapata	Director	0.90	Director	$0	$0	$0
Jacob Sundstrom	Director	1.10	Director	$0	$0	$0
Lindsey Suda	Director	1.80	Director	$0	$0	$0
Sam Mazzeo	Director	1.80	Director	$0	$0	$0
Cheryl Nickel	Director Co-Founder	1.20	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	$506,927	$485,065	$1,066,318	$21,862
2023	$538,013	$467,934	$1,068,657	$70,079
2022	$472,717	$447,981	$1,045,998	$24,736
2021	$506,852	$411,416	$612,980	$95,436
2020	$585,824	$407,010	$564,077	$178,814
2019	$397,184	$354,695	$488,481	$42,489
2018	$243,141	$321,600	$432,064	$-78,459

Space 4 Art Inc