ASSEMBLY FOR THE ARTS (EIN 341936190) - 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

2000

Legal Domicile

Principal Officer

JEREMY V JOHNSON

Phone

2165750331

Tax Period

2023-07-01 to 2024-06-30

ASSEMBLY FOR THE ARTS, founded in 2000, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 34% operating deficit.

Mission

ASSEMBLY FOR THE ARTS CONVENES, COORDINATES, AND COLLABORATES WITH EVERYONE WHO LIVES AND WORKS IN GREATER CLEVELAND TO STRENGTHEN AND SUPPORT THOSE IN THE REGION WHO CREATE, PRESENT, EXPERIENCE AND APPRECIATE ALL FORMS OF ARTS AND CULTURE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,037,706

Program Service Revenue $98,331

Investment Income $0

Other Revenue $3,973

TOTAL REVENUE $1,140,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $782,053

Fundraising Expenses $91,356

Program Expenses $1,317,398

Other Expenses $740,707

TOTAL EXPENSES $1,522,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,140,010	$3,300,637	-0.7%
Expenses	$1,522,760	$3,000,578	-0.5%
Net Income	$-382,750	$300,059	-2.3%

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

$244,443

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY V JOHNSON	PRESIDENT AN	40.00	Officer	$208,721	$35,722	$244,443
CHINENYE NKEMERE	CHAIR	5.00	Officer Director	$0	$0	$0
CARRIE CARPENTER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
SHANELLE SMITH WIGHAM	VICE CHAIR	5.00	Officer Director	$0	$0	$0
SANDRA MADISON	TREASURER	5.00	Officer Director	$0	$0	$0
KELLY FALCONE-HALL	SECRETARY	5.00	Officer Director	$0	$0	$0
FRED BIDWELL	DIRECTOR	2.00	Director	$0	$0	$0
KATHY BLACKMAN	TRUSTEE	2.00	Director	$0	$0	$0
APRIL MILLER BOISE	TRUSTEE	2.00	Director	$0	$0	$0
LENORA INEZ BROWN	TRUSTEE	2.00	Director	$0	$0	$0
TALISE CAMPBELL	TRUSTEE	2.00	Director	$0	$0	$0
MORDECAI CARGILL	TRUSTEE	2.00	Director	$0	$0	$0
MARIE ESLICK	TRUSTEE	2.00	Director	$0	$0	$0
CHANN FOWLER-SPELLMAN	TRUSTEE	2.00	Director	$0	$0	$0
ALLISON LUKACSY-LOVE	TRUSTEE	2.00	Director	$0	$0	$0
CLYDE MILES	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTINE NELSON	TRUSTEE	2.00	Director	$0	$0	$0
TONY PANZICA	TRUSTEE	2.00	Director	$0	$0	$0
VINCE ROBINSON	TRUSTEE	2.00	Director	$0	$0	$0
AFI-ODELIA SCRUGGS	TRUSTEE	2.00	Director	$0	$0	$0
TONY SIAS	TRUSTEE	2.00	Director	$0	$0	$0
PAUL WESTLAKE	TRUSTEE	2.00	Director	$0	$0	$0
LEONARD YOUNG	TRUSTEE	2.00	Director	$0	$0	$0
ZULMA ZABALA	TRUSTEE	2.00	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	No data	No data	No data	No data
2024	$1,140,010	$1,522,760	$1,745,267	$-382,750
2023	$3,300,637	$3,000,578	$2,038,684	$300,059
2022	$844,284	$995,123	$1,686,811	$-150,839
2021	$2,915,552	$2,493,815	$1,992,382	$421,737
2020	$886,973	$945,373	$1,491,137	$-58,400
2019	$482,728	$760,936	$1,459,919	$-278,208

ASSEMBLY FOR THE ARTS