Contemporary Art Group

EIN: 383859167 501(c)(3) Arts, Culture & Humanities

Los Angeles, CA

Total Revenue
$255,236
Total Expenses
$261,706
Total Assets
$31,559
Net Assets
$-166,112
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
Forrest Nash
Phone
2242215271
Tax Period
2023-01-01 to 2023-12-31

Contemporary Art Group, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

To educate the public about important art and improving the public's access to it through curated programming.

Program Service Accomplishments

Program 1
Expenses: $255,525 Revenue: $101,846

Educating the public about important art and improving the public's access to it through curated programming.

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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 $153,390
Program Service Revenue $101,846
Investment Income $0
Other Revenue $0
TOTAL REVENUE $255,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,502
Fundraising Expenses $0
Program Expenses $255,525
Other Expenses $83,204
TOTAL EXPENSES $261,706

Year-over-Year Comparison

2023 2022 Change
Revenue $255,236 $211,895 +0.2%
Expenses $261,706 $295,314 -0.1%
Net Income $-6,470 $-83,419 -0.9%
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
4
Independent Members
1
Employees
4
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
1
$62,500
Total Directors
5
$62,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Forrest Nash Executive Director 40.00
Officer Director
$62,500 $0 $62,500
Gaylen Gerber Board Member 1.00
Director
$0 $0 $0
Naomi Mori Reese Board Member 1.00
Director
$0 $0 $0
David Salkin Board Member 1.00
Director
$0 $0 $0
Jeffrey Rosen Board Member 1.00
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
2024 No data No data No data No data
2023 $255,236 $261,706 $31,559 $-6,470
2022 $211,895 $295,314 $35,726 $-83,419
2021 $287,240 $292,268 $121,297 $-5,028
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