DETROIT PERFORMING ARTISTS INC (EIN 382788349) - 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

1986

Legal Domicile

Principal Officer

CHRISTINE ROUCE

Phone

3138820118

Tax Period

2023-01-01 to 2023-12-31

DETROIT PERFORMING ARTISTS INC, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $154K in total revenue in fiscal year 2023.

Mission

DEVELOPMENTAL AND EDUCATIONAL EVENTS FOR THE ADVANCEMENT OF CLASSICAL MUSIC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $45,025

Program Service Revenue $58,186

Investment Income $0

Other Revenue $50,549

TOTAL REVENUE $153,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,921

Fundraising Expenses $983

Program Expenses $139,336

Other Expenses $93,505

TOTAL EXPENSES $159,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$153,760	$150,196	+0.0%
Expenses	$159,426	$137,568	+0.2%
Net Income	$-5,666	$12,628	-1.4%

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

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

$45,186

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MITCHELL	ARTISTIC DIR	20.00	Officer	$24,000	$0	$24,000
CHRISTINE ROUCE	EXECUTIVE DI	20.00	Officer	$21,186	$0	$21,186
RORY BOLGER	DIRECTOR	N/A	Director	$0	$0	$0
CAROL DOWTY	DIRECTOR	N/A	Director	$0	$0	$0
STAN HARR	PRESIDENT	N/A	Officer Director	$0	$0	$0
JAMES MOORE JR	DIRECTOR	N/A	Director	$0	$0	$0
BONNIE LAWRENCE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MICHELE METES	DIRECTOR	N/A	Director	$0	$0	$0
VERONICA SMITH	TREASURER	N/A	Officer Director	$0	$0	$0
JOSEPH STEVENSON	DIRECTOR	N/A	Director	$0	$0	$0
DAWN SURMA	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$153,760	$159,426	$145,610	$-5,666
2022	$150,196	$137,568	$142,091	$12,628
2021	$116,267	$102,399	$145,957	$13,868
2020	$111,583	$98,449	$116,616	$13,134
2019	$132,110	$122,252	$95,206	$9,858
2018	$117,185	$116,866	$73,590	$319

DETROIT PERFORMING ARTISTS INC