PORTLAND, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARTS PLACE INC, founded in 1967, is a small nonprofit that reported $534K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $810K exceeded revenue, resulting in a 52% operating deficit.
ARTS PLACE NURTURES THE CREATIVE SPIRIT BY MAKING ARTS EXPERIENCES, EDUCATION, AND SERVICES ACCESSIBLE TO THE REGION'S RESIDENTS, ARTISTS, AND CULTURAL ORGANIZATIONS
FACILITY OPERATIONS - FACILITY MANAGEMENT HAS BEEN A MAJOR RESPONSIBILITY FOR ARTS PLACE, INC. SINCE 1983. ARTS PLACE OPERATES THREE COMMUNITY ARTS CENTERS. THE JAY COUNTY CAMPUS OF ARTS PLACE IS...
FACILITY OPERATIONS - FACILITY MANAGEMENT HAS BEEN A MAJOR RESPONSIBILITY FOR ARTS PLACE, INC. SINCE 1983. ARTS PLACE OPERATES THREE COMMUNITY ARTS CENTERS. THE JAY COUNTY CAMPUS OF ARTS PLACE IS LOCATED IN PORTLAND INDIANA AND ALSO SERVES AS THE CORPORATE HOME FOR ARTS PLACE. THIS CAMPUS SERVES JAY AND SURROUNDING COUNTIES IN INDIANA AND OHIO. THE AUGLAIZE/MERCER CENTER OF ARTS PLACE IS LOCATED IN ST. MARYS OHIO AND SERVES AUGLAIZE, MERCER AND SURROUNDING COUNTIES. THE BLACKFORD COUNTY ARTS CENTER LOCATED IN HARTFORD CITY INDIANA SERVES BLACKFORD AND SURROUNDING COUNTIES IN INDIANA.
MUSICWORKS - DRAWING THE LARGEST NUMBER OF STUDENTS IN CREATIVEWORKS IS OUR MUSIC INSTRUCTION PROGRAM. INSPIRED BY THE MUSIC SETTLEMENT MOVEMENT, ARTS PLACE BEGAN THIS MUSIC EDUCATION PROGRAM IN...
MUSICWORKS - DRAWING THE LARGEST NUMBER OF STUDENTS IN CREATIVEWORKS IS OUR MUSIC INSTRUCTION PROGRAM. INSPIRED BY THE MUSIC SETTLEMENT MOVEMENT, ARTS PLACE BEGAN THIS MUSIC EDUCATION PROGRAM IN 1983. INDIVIDUAL AND GROUP INSTRUCTION IS AVAILABLE IN BRASS, GUITAR, HARP, PERCUSSION, PIANO, ORCHESTRAL STRINGS, WOODWINDS, AND VOICE. ENSEMBLES CONDUCTED INCLUDE PERCUSSION, BRASS, ORCHESTRAL STRINGS, FLUTE, AND COMMUNITY BAND AND CHOIR. INTRODUCTORY MUSIC INSTRUCTION IS AVAILABLE FOR PRESCHOOLERS THROUGH THE FIRST STEPS CLASS. THE PROGRAM CONTINUES TO BE OFFERED AT THE BLACKFORD COUNTY ARTS CENTER AND THE JAY COUNTY CAMPUS OF ARTS PLACE.
ARTS IN THE PARKS - THIS POPULAR PROGRAM WAS LAUNCHED IN 1977 AND CONTINUES TO PROVIDE ACCESS TO THE ARTS FOR CHILDREN DURING THE SUMMER MONTHS. OVER 16,000 CHILDREN HAVE PARTICIPATED IN THE PROGRAM...
ARTS IN THE PARKS - THIS POPULAR PROGRAM WAS LAUNCHED IN 1977 AND CONTINUES TO PROVIDE ACCESS TO THE ARTS FOR CHILDREN DURING THE SUMMER MONTHS. OVER 16,000 CHILDREN HAVE PARTICIPATED IN THE PROGRAM SINCE ITS INCEPTION. THE WORKSHOPS ARE DESIGNED FOR CHILDREN AGES SIX THROUGH TWELVE AND PROVIDE INTENSIVE INTRODUCTIONS TO SPECIFIC ART-FORM MEDIUMS. WORKSHOPS ARE TYPICALLY LED BY PROFESSIONAL ARTISTS AND ARTS EDUCATORS, WHO ARE REFERRED TO AS TEACHING ARTISTS. IN JUNE 2024 THE PROGRAM INCLUDED FOURTEEN COMMUNITIES IN FIVE COUNTIES IN INDIANA AND OHIO.
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 | $533,950 | $693,390 | -0.2% |
| Expenses | $809,695 | $682,818 | +0.2% |
| Net Income | $-275,745 | $10,572 | -27.1% |
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 |
|---|---|---|---|---|---|---|
| BONNIE MAITLEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LEEANN MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA CULY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA PEIPER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY MCCORD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY AYERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MYRA SMITH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLYN CARDUCCI | EXECUTIVE DIRECTOR | 45.00 |
Officer
|
$70,000 | $0 | $70,000 |
| SARAH LINGO | PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| KRISTEN GIBSON | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| MIKE MEDLER | VICE PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| DANIEL HAMMOND | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $533,950 | $809,695 | $4,405,552 | $-275,745 |
| 2024 | $693,390 | $682,818 | $4,602,132 | $10,572 |
| 2023 | $646,822 | $835,721 | $4,440,220 | $-188,899 |
| 2022 | $893,767 | $898,020 | $4,480,486 | $-4,253 |
| 2021 | $835,648 | $672,522 | $4,799,370 | $163,126 |
| 2020 | $1,105,721 | $707,476 | $4,380,793 | $398,245 |
| 2019 | $742,293 | $760,808 | $4,020,313 | $-18,515 |
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