Oberlin, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIRELANDS ASSN FOR THE VISUAL ARTS, founded in 1979, is a small nonprofit that reported $283K in total revenue in fiscal year 2024. Expenses of $331K exceeded revenue, resulting in a 17% operating deficit.
Firelands Association for the Visual Arts (FAVA) is a community inspired, enriched, and engaged through lifelong experiences with arts. FAVA's mission is to foster creativity and community by exhibiting contemporary visual art, educating people of all ages, and strengthening cultural awareness throughout the community.
FAVA's education outreach program offers a core group of art classes and workshops for children and adults at its main location in the New Union Center for the Arts in downtown Oberlin, OH. In...
FAVA's education outreach program offers a core group of art classes and workshops for children and adults at its main location in the New Union Center for the Arts in downtown Oberlin, OH. In addition, FAVA presents community based art programming at senior centers. FAVA partners with organizations such as Main Street Oberlin, the Oberlin Public Library, and Leadership Lorain County. FAVA's education staff also provides technical and programming assistance to organizations and schools.
FAVA's gallery and exhibition program at the New Union Center for the Arts emphasizes contemporary Ohio artists in combination with efforts to balance traditional approaches to visual art with those...
FAVA's gallery and exhibition program at the New Union Center for the Arts emphasizes contemporary Ohio artists in combination with efforts to balance traditional approaches to visual art with those that might push the envelope for a community based exhibition space. FAVA presents students works, local artists, and larger national/international juried and invitationals. FAVA's gallery staff provides technical assistance to organizations and schools.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $282,673 | $288,469 | 0.0% |
| Expenses | $330,735 | $335,219 | 0.0% |
| Net Income | $-48,062 | $-46,750 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kathleen Jackson | Executive Director | 40 |
Key Emp
|
$72,907 | $0 | $72,907 |
| Arenne Flanders | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Mary Kirtz-Van Nortwick | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Audrey Kolb | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Thomas Van Nortwick | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Lorna Kretchmar | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Helene Aarons | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Carla Locke | Vice President | 2 |
Officer
|
$0 | $0 | $0 |
| Deborah Campana | Secretary | 2 |
Officer
|
$0 | $0 | $0 |
| Maegen Hurtado | President | 2 |
Officer
|
$0 | $0 | $0 |
| George Wright | Treasurer | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $282,673 | $330,735 | $130,333 | $-48,062 |
| 2024 | $288,469 | $335,219 | $178,329 | $-46,750 |
| 2023 | $307,563 | $296,375 | $220,583 | $11,188 |
| 2022 | $302,211 | $276,209 | $213,768 | $26,002 |
| 2021 | $288,668 | $226,020 | $222,744 | $62,648 |
| 2020 | $262,718 | $266,542 | $159,582 | $-3,824 |
Compare FIRELANDS ASSN FOR THE VISUAL ARTS with other nonprofits in Ohio and across the country.