CONTEMPORARY ARTS INC (EIN 364517485) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

BARBARA GRUBBS

Phone

4109442909

Tax Period

2025-01-01 to 2025-12-31

CONTEMPORARY ARTS INC, founded in 2002, is a small nonprofit in the Education sector that reported $116K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

SCHOOL - PROVIDING MUSIC & DANCE INSTRUCTION ALSO PROVIDING ACADEMIC SUPPORT & MENTORING FOR CHILDREN AGES 6-17

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $116,168

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,398

Fundraising Expenses $0

Program Expenses $127,494

Other Expenses $69,096

TOTAL EXPENSES $127,494

Year-over-Year Comparison

	2025	2024	Change
Revenue	$116,168	$166,923	-0.3%
Expenses	$127,494	$114,331	+0.1%
Net Income	$-11,326	$52,592	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASSANDRA LUCAS	FINANCIAL SECRETARY	40.00	Director	$0	$0	$0
WILLIAM HARVEY	TREASURER	40.00	Director	$0	$0	$0
FREDERICK CAGER	PRESIDENT	40.00	Director	$0	$0	$0
KAREN BRAITHWAITE-YARN	VICE PRESIDENT	40.00	Director	$0	$0	$0
BARBARA GRUBBS	DIRECTOR	40.00	Officer	$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	$116,168	$127,494	$100,590	$-11,326
2024	$166,923	$114,331	$111,916	$52,592
2023	$94,445	$91,193	$59,324	$3,252
2022	$54,777	$87,194	$56,072	$-32,417
2021	$71,829	$84,620	$88,489	$-12,791
2020	$64,460	$43,042	$101,280	$21,418
2019	$105,214	$71,934	$79,862	$33,280
2018	$93,053	$69,666	$46,582	$23,387

CONTEMPORARY ARTS INC