Adrian, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LENAWEE COUNCIL FOR THE VISUAL ARTS, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $315K in total revenue in fiscal year 2023.
The Lenawee Council for the Visual Arts is organized for educational and charitable purposes. Specifically, the L.C.V.A. is organized to provide opportunities for visual artists in Lenawee County Michigan, to foster pride and involvement in the local community, to develop an audience for the visual arts and to encourage community support for the visual arts, to provide educational opportunities related to the visual arts for local students and to sponsor public art and art exhibits
The organization's art center provides studio space for approximately 25 local established and emerging artists where they may pursue their work in spaces dedicated to their specific media and in a...
The organization's art center provides studio space for approximately 25 local established and emerging artists where they may pursue their work in spaces dedicated to their specific media and in a community of artists. This activity is an important aspect of the LCVA's program offerings. Much of the expense of this program relates to providing the facility and is included in the amount reported on Part IX, Line 16 and as detailed on Schedule O
The organization offers course instruction to both adults and children in a variety of visual arts media, including ceramics, drawing, painting, glass, printmaking and sculpture.
The organization provides a variety of open houses and special events designed to make community members aware of art opportunities in the area and to expose the population to the visual arts. These...
The organization provides a variety of open houses and special events designed to make community members aware of art opportunities in the area and to expose the population to the visual arts. These events include a summer and winter open house and a number of gallery openings and receptions.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $315,490 | $317,848 | 0.0% |
| Expenses | $345,684 | $334,416 | +0.0% |
| Net Income | $-30,194 | $-16,568 | +0.8% |
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 |
|---|---|---|---|---|---|---|
| Ron Frenzen | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ashley LaVoy | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Michael Malarney | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Kenneth Thompson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| James Philp | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Cassandra Hermosillo | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Kristine Schmidt | President | 1 |
Officer
|
$0 | $0 | $0 |
| Paula Trentman | Vice President | 1 |
Officer
|
$0 | $0 | $0 |
| Erik Gable | Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Theresa Rupley | Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| Valerie Herr | Executive Director | 40 |
Key Emp
Highest
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $315,490 | $345,684 | $311,915 | $-30,194 |
| 2023 | $317,848 | $334,416 | $332,656 | $-16,568 |
| 2022 | $414,871 | $392,288 | $338,920 | $22,583 |
| 2021 | $331,271 | $225,746 | $318,119 | $105,525 |
Compare LENAWEE COUNCIL FOR THE VISUAL ARTS with other nonprofits in Michigan and across the country.