Prospect Heights, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Illinois Art Education Association, founded in 1985, is a small nonprofit in the Education sector that reported $164K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $248K exceeded revenue, resulting in a 51% operating deficit.
To Improve and Advance Art Education
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $163,992 | $222,725 | -0.3% |
| Expenses | $247,633 | $128,377 | +0.9% |
| Net Income | $-83,641 | $94,348 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| Nick Hostert | Grant Writer | 5.00 |
Director
|
$6,000 | $0 | $6,000 |
| Joanna Angelopoulos | Business Manager | 5.00 |
Officer
|
$4,000 | $0 | $4,000 |
| Luke Jenner | Website Electronic Editor | 5.00 |
Director
|
$2,500 | $0 | $2,500 |
| Jennifer Fitzpatrick | Membership | 5.00 |
Director
|
$2,000 | $0 | $2,000 |
| Sherri Kushner | Conference Coordinator | 5.00 |
Director
|
$1,500 | $0 | $1,500 |
| Sarah Felgenhaur | Conference Coordinator | 5.00 |
Director
|
$1,500 | $0 | $1,500 |
| Britney Machetta | Webinars | 5.00 |
Director
|
$1,500 | $0 | $1,500 |
| Tim Jones | Conference Proposals | 5.00 |
Director
|
$1,000 | $0 | $1,000 |
| Michael Skura | Advocacy Advisor | 2.00 |
Director
|
$0 | $0 | $0 |
| Deborah Filbin | Secretary | 5.00 |
Director
|
$0 | $0 | $0 |
| Ailysh Cooper | Youth Art Month Coordinator | 5.00 |
Director
|
$0 | $0 | $0 |
| Joan Mills | Professional Development | 5.00 |
Director
|
$0 | $0 | $0 |
| Eryn Blazer | Vice President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Kerry Parrish | President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Karen Popovich | Past President | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $163,992 | $247,633 | $217,063 | $-83,641 |
| 2024 | $222,725 | $128,377 | $300,704 | $94,348 |
Compare Illinois Art Education Association with other nonprofits in Illinois and across the country.