STUDIO 299-CENTER FOR THE ARTS

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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

1987

Legal Domicile

Principal Officer

MEDIHA SALIBA

Phone

5306293488

Tax Period

2025-01-01 to 2025-12-31

STUDIO 299-CENTER FOR THE ARTS, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $194K in total revenue in fiscal year 2025. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 85% operating margin.

Mission

DEDICATED TO NURTURING THE ARTISTIC SPIRIT WITHIN OUR COMMUNITY, OUR CENTER OFFERS A DIVERSE RANGE OF PROGRAMS AND EVENTS DESIGNED TO INSPIRE, EDUCATE, AND CONNECT PEOPLE OF ALL AGES AND BACKGROUNDS THROUGH THE POWER OF THE ARTS.

Program Service Accomplishments

Program 1

Expenses: $29,615 Revenue: $10,903

PROVIDE A VENUE FOR LOCAL ARTISTS, INSTRUCTIONAL CLASSES, SUCH AS POTTERY, MOSAICS, PAINTING AND OTHER LOCAL ARTS.

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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 $98,881

Program Service Revenue $10,903

Investment Income $84,293

Other Revenue $0

TOTAL REVENUE $194,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,615

Other Expenses $29,615

TOTAL EXPENSES $29,615

Year-over-Year Comparison

	2025	2024	Change
Revenue	$194,077	$127,101	+0.5%
Expenses	$29,615	$50,342	-0.4%
Net Income	$164,462	$76,759	+1.1%

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

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTIN PITZENBARGER	BOARD MEMBER	2.00	Director	$0	$0	$0
ROZZ TAPLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
LUCETTA MCCLEAN	BOARD MEMBER	2.00	Director	$0	$0	$0
ANN THOMPSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MEDIHA SALIBA	PRESIDENT	2.00	Officer	$0	$0	$0
GIL SALIBA	TREASURER	2.00	Officer	$0	$0	$0
MICHAELA WALSTON	SECRETARY	2.00	Officer	$0	$0	$0
RANDY WEBB	VICE PRESIDENT	2.00	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	$194,077	$29,615	$642,876	$164,462
2024	$127,101	$50,342	$544,227	$76,759
2024	No data	No data	No data	No data
2019	$30,999	$18,736	$503,754	$12,263
2018	$56,250	$24,108	$532,792	$32,142