Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Living Arts, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $650K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 86% operating deficit.
Living Arts ignites creativity in the lives of Detroit youth through the performing, visual, and media arts.
Out-of-School Arts (OSA) offerings provide sequential, standards-based arts ducation and instruction for Pre-K to teenage youth alongside youth development strategies that increase leadership...
Out-of-School Arts (OSA) offerings provide sequential, standards-based arts ducation and instruction for Pre-K to teenage youth alongside youth development strategies that increase leadership, self-efficiacy, and other capacities that support success in school and beyond. OSA programs operate five days a week, 37 weeks a year at Living Art's studio paces and includes 40 summer and after-school class options in the performing, visual, literary, and media arts.
In-School Arts residencies and classes directly support students' learning in English language arts, math, science and social studies by integrating those subjects with artisitic learning. For arts...
In-School Arts residencies and classes directly support students' learning in English language arts, math, science and social studies by integrating those subjects with artisitic learning. For arts integrated education programs, Living Arts teaching artists work closely with classroom teachers to develop performing, visual, literary or media arts lessons integrated with their grade-level standards for ELA/Math/Science/Social Studies.
Detroit Wolf Trap offers artist residencies and workshops in school and community settings for children 3 months to six years, and trains their caregivers and educators in creative techniques that...
Detroit Wolf Trap offers artist residencies and workshops in school and community settings for children 3 months to six years, and trains their caregivers and educators in creative techniques that promote their development that they can use after the residencies. Fine arts residencies deliver arts instruction that immerse students in painting, drawing, sculpture, dance, theatre, creative writing and poetry, vocal and instrumental music, or digital media arts and activities that are not available in many Detroit schools.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $650,409 | $941,680 | -0.3% |
| Expenses | $1,210,774 | $1,119,377 | +0.1% |
| Net Income | $-560,365 | $-177,697 | +2.2% |
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 |
|---|---|---|---|---|---|---|
| Demetrius Shields | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kyona Watts | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Andrea Schweitzer | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Theodore Christy | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Daniel Cascardo | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| James C Hayes | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Phelps | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Andrea Transou | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kayana Sessoms | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laura Scales | Executive Director | 40.00 |
Officer
|
$98,673 | $11,871 | $110,544 |
| Julie Brunzell | CFO | 40.00 |
Officer
|
$80,696 | $1,614 | $82,310 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $650,409 | $1,210,774 | $815,499 | $-560,365 |
| 2024 | $941,680 | $1,119,377 | $1,238,668 | $-177,697 |
| 2023 | $884,447 | $930,849 | $1,374,548 | $-46,402 |
| 2022 | $804,316 | $729,247 | $1,448,129 | $75,069 |
| 2021 | $770,373 | $709,841 | $1,432,536 | $60,532 |
| 2020 | $624,265 | $961,358 | $1,365,110 | $-337,093 |
| 2019 | $1,687,486 | $901,272 | $1,621,045 | $786,214 |
| 2018 | $1,099,018 | $896,566 | $837,982 | $202,452 |
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