Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)3Arts Inc, founded in 1912, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 23% operating deficit.
Founded in 1912, with a history centered on women artists, 3Arts is an Illinois nonprofit organization that supports artists working in the performing, teaching, and visual arts in the Chicago metropolitan area, including women artists, artists of color, and Deaf and disabled artists. By providing unrestricted awards, project funding, residencies, professional development, and promotion, the Organization helps artists take risks, experiment, and build momentum in their careers over time.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,557,868 | $2,443,688 | -0.4% |
| Expenses | $1,917,306 | $1,656,829 | +0.2% |
| Net Income | $-359,438 | $786,859 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Katie Dowling | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kimberly Manuel - Dickens | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mel Smith | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Remberto Del Real | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joanie Friedman | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Amy Cochran | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Pete Buse | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Sebastian Marentes | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Cheryl Desir | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Alice DuBose | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Whitney Hill | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Erica Hubbard | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Erica Kubly | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Katie Mohrfeld | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jason Quiara | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kathryn Simmons | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Siurek | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Scott Wang | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Acasia Wilson Feinberg | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Esther Grimm | Executive Director | 40.00 |
Officer
Director
Key Emp
|
$186,582 | $32,923 | $219,505 |
| Sara Slawnik | Program Director | 40.00 |
Highest
|
$108,000 | $5,392 | $113,392 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,557,868 | $1,917,306 | $11,486,596 | $-359,438 |
| 2022 | $2,443,688 | $1,656,829 | $10,762,335 | $786,859 |
| 2021 | $2,551,186 | $2,152,519 | $12,078,620 | $398,667 |
| 2020 | $5,500,602 | $5,164,482 | $11,056,343 | $336,120 |
| 2019 | $1,511,439 | $1,228,023 | $10,119,051 | $283,416 |
| 2018 | $1,113,048 | $1,086,993 | $8,673,752 | $26,055 |
Compare 3Arts Inc with other nonprofits in Illinois and across the country.