Jessye Norman School of the Arts Inc

EIN: 311776667 501(c)(3) Philanthropy & Grantmaking

Augusta, GA

Total Revenue
$944,660
Total Expenses
$772,475
Total Assets
$1,869,757
Net Assets
$1,855,912
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
GA
Principal Officer
Gary Dennis
Phone
7068287768
Tax Period
2024-06-01 to 2025-05-31

Jessye Norman School of the Arts Inc, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $945K in total revenue in fiscal year 2024. The organization ran a surplus of $172K, a strong 18% operating margin.

Mission

The Jessye Norman School of the Arts is an after school and summer program designed to develop and nurture the artistic and creative talents of economically challenged students. The school of the arts serves the cultural and educational needs of these students.

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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 (2024)

Revenue Breakdown

Contributions & Grants $878,956
Program Service Revenue $63,328
Investment Income $2,376
Other Revenue $0
TOTAL REVENUE $944,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $515,036
Fundraising Expenses $11,276
Program Expenses $561,339
Other Expenses $257,439
TOTAL EXPENSES $772,475

Year-over-Year Comparison

2024 2023 Change
Revenue $944,660 $920,225 +0.0%
Expenses $772,475 $818,647 -0.1%
Net Income $172,185 $101,578 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
59
Volunteers
32

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
5
$67,000
Total Directors
16
$67,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gary Dennis Executive Dir. 40.00
Officer Director
$67,000 $0 $67,000
Michael Albright President 2.50
Officer Director
$0 $0 $0
Shawna Lloyd Vice President 2.50
Officer Director
$0 $0 $0
Dennis Sodomka Secretary 2.50
Officer Director
$0 $0 $0
Joy Distefano Trustee 1.00
Director
$0 $0 $0
Lynwood Holmes Trustee 1.00
Director
$0 $0 $0
Dr E Van Deusen Trustee 1.00
Director
$0 $0 $0
Dr Keely Rhodes Trustee 2.50
Officer Director
$0 $0 $0
Mark Albertin Trustee 1.00
Director
$0 $0 $0
Lauren Bryant Trustee 1.00
Director
$0 $0 $0
Michelle David Esq Trustee 1.00
Director
$0 $0 $0
Robin Turman Trustee 1.00
Director
$0 $0 $0
Steven Uhles Trustee 1.00
Director
$0 $0 $0
Rayn Abel Trustee 1.00
Director
$0 $0 $0
Dr Laura Rychly Trustee 1.00
Director
$0 $0 $0
Trvia Brown Trustee 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
2025 $944,660 $772,475 $1,869,757 $172,185
2024 No data No data No data No data
2023 $850,157 $696,741 $1,584,966 $153,416
2022 $437,922 $598,602 $1,429,702 $-160,680
2021 $540,150 $485,506 $1,589,413 $54,644
2020 $488,791 $491,597 $1,585,892 $-2,806
2018 $487,365 $411,724 $1,630,118 $75,641
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