ARTSPARTNERS OF CENTRAL ILLINOIS INC

EIN: 371375008 501(c)(3) Arts, Culture & Humanities

PEORIA, IL

Total Revenue
$207,717
Total Expenses
$194,477
Total Assets
$242,196
Net Assets
$219,159
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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
1998
Legal Domicile
IL
Principal Officer
MEGAN PEDIGO
Phone
3096762787
Tax Period
2023-09-01 to 2024-08-31

ARTSPARTNERS OF CENTRAL ILLINOIS INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $208K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $194K left a modest 6% surplus.

Mission

ASSIST IN DEVELOPMENT OF AREA CULTURAL PROGRAMS, AND INCREASE AWARENESS OF AREA CULTURAL DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $194,477 Revenue: $10,244

ASSIST IN DEVELOPMENT OF EXISTING CULTURAL PROGRAMS, AND INCREASE AWARENESS OF AREA'S CULTURAL ENVIRONMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,755
Program Service Revenue $14,905
Investment Income $0
Other Revenue $4,057
TOTAL REVENUE $207,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,671
Fundraising Expenses $0
Program Expenses $194,477
Other Expenses $90,806
TOTAL EXPENSES $194,477

Year-over-Year Comparison

2023 2022 Change
Revenue $207,717 $163,228 +0.3%
Expenses $194,477 $150,338 +0.3%
Net Income $13,240 $12,890 +0.0%
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

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Governance

Voting Members
14
Independent Members
14
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
7
$71,945
Total Directors
15
$71,945
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB PARKHURST TREASURER 5.00
Officer Director
$0 $0 $0
FRANNIE HEINE PAST PRESIDENT 5.00
Officer Director
$0 $0 $0
MEGAN PEDIGO PRESIDENT 5.00
Officer Director
$0 $0 $0
HIRAL PATEL HUDSON PAST VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JOE SPANIER BOARD MEMBER 5.00
Director
$0 $0 $0
DONALD SHAFER BOARD MEMBER 5.00
Director
$0 $0 $0
MARWIN SPILLER BOARD MEMBER 5.00
Director
$0 $0 $0
KEVIN EVANS SECRETARY 5.00
Officer Director
$0 $0 $0
JOSHUA HERMAN BOARD MEMBER 5.00
Director
$0 $0 $0
ROSS MILLER VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DR SARAH GLOVER BOARD MEMBER 5.00
Director
$0 $0 $0
CHELSEA CARMONA BOARD MEMBER 5.00
Director
$0 $0 $0
EVERLEY DAVIS BOARD MEMBER 5.00
Director
$0 $0 $0
MAEGAN GILLILAND WRIGHT EXECUTIVE DIRECTOR 40.00
Officer Director
$71,945 $0 $71,945
STACY PETERSON BOARD MEMBER 5.00
Director
$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 No data No data No data No data
2024 $207,717 $194,477 $242,196 $13,240
2023 $163,228 $150,338 $226,942 $12,890
2023 $163,228 $150,338 $226,942 $12,890
2022 $203,623 $174,953 $201,484 $28,670
2021 $116,625 $133,034 $166,088 $-16,409
2020 $150,328 $180,747 $200,399 $-30,419
2019 $353,373 $357,138 $216,291 $-3,765
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