Kennedy Heights Arts Center

EIN: 450477749 501(c)(3) Arts, Culture & Humanities

Cincinnati, OH

Total Revenue
$1,630,755
Total Expenses
$1,433,667
Total Assets
$1,981,055
Net Assets
$1,773,993
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
OH
Phone
5136314278
Tax Period
2024-01-01 to 2024-12-31

Kennedy Heights Arts Center, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 12% surplus.

Mission

To enhance the life of the surrounding community through arts and cultural experiences that embrace diversity, foster creativity and build community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,471,258
Program Service Revenue $159,928
Investment Income $103
Other Revenue $-534
TOTAL REVENUE $1,630,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $497,718
Fundraising Expenses $48,976
Program Expenses $1,318,219
Other Expenses $935,949
TOTAL EXPENSES $1,433,667

Year-over-Year Comparison

2024 2023 Change
Revenue $1,630,755 $1,203,834 +0.4%
Expenses $1,433,667 $962,069 +0.5%
Net Income $197,088 $241,765 -0.2%
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
12
Independent Members
12
Employees
35
Volunteers
157

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
4
$78,717
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ellen Muse Executive Director 40.00
Officer
$75,490 $3,227 $78,717
Donita Parrish left 924 President 5.00
Officer Director
$0 $0 $0
Robert Ramsay Treasurer 5.00
Officer Director
$0 $0 $0
Amber Rea Hurak Secretary 3.00
Officer Director
$0 $0 $0
William Jones Member 3.00
Director
$0 $0 $0
Alexa Teare start 924 Member 3.00
Director
$0 $0 $0
Lisa Sigward Member 3.00
Director
$0 $0 $0
David Gruber left 124 Member 3.00
Director
$0 $0 $0
Hannah Lohr-Pearson start 324 Member 3.00
Director
$0 $0 $0
Lisa Andrews Member 3.00
Director
$0 $0 $0
Jackie Grant left 724 Member 3.00
Director
$0 $0 $0
Kristy High Member 3.00
Director
$0 $0 $0
Ramsey Ford Member 3.00
Director
$0 $0 $0
Nakia Coleman-Smith start 324 Member 3.00
Director
$0 $0 $0
Jacqueline Goldman start 324 Member 3.00
Director
$0 $0 $0
Robin Hartmann start 124 Member 3.00
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 $1,630,755 $1,433,667 $1,981,055 $197,088
2023 $1,203,834 $962,069 $1,859,940 $241,765
2022 $729,333 $769,943 $1,617,331 $-40,610
2021 $764,139 $514,742 $1,729,487 $249,397
2020 $471,378 $396,140 $1,411,117 $75,238
2019 $436,556 $415,437 $1,340,300 $21,119
2018 $352,223 $352,087 $1,299,314 $136
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