GRIOT ARTS INC (EIN 451838783) - 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

2011

Legal Domicile

Phone

6627991237

Tax Period

2024-08-01 to 2025-07-31

GRIOT ARTS INC, founded in 2011, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 24% operating margin.

Mission

The mission of Griot Arts, Inc. is to create a community of students, teachers, and volunteers who work together to encourage creativity in order to enhance lives, neighborhoods and communities. (Continue on Schedule O)

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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 (2024)

Revenue Breakdown

Contributions & Grants $911,754

Program Service Revenue $175,896

Investment Income $4,466

Other Revenue $25,493

TOTAL REVENUE $1,117,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,430

Fundraising Expenses $0

Program Expenses $724,493

Other Expenses $474,125

TOTAL EXPENSES $847,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,117,609	$802,172	+0.4%
Expenses	$847,555	$694,484	+0.2%
Net Income	$270,054	$107,688	+1.5%

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

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

$134,482

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rebekah Pleasant-Patterson	Executive Dir.	40.00	Officer	$70,000	$0	$70,000
Benjamin Lewis	Deputy Director	40.00	Officer	$64,482	$0	$64,482
Leonette Henderson	Vice President	0.00	Officer Director	$0	$0	$0
Julian Gallo	PRESIDENT/TREAS	0.00	Officer Director	$0	$0	$0
CALI NOLAND	Director	0.00	Director	$0	$0	$0
BRENDA LUCKETT	Director	0.00	Director	$0	$0	$0
MARY MARTHA BOBO	Director	0.00	Director	$0	$0	$0
HATTIE SHIVERS	Director	0.00	Director	$0	$0	$0
BILL GRESHAM	Director	0.00	Director	$0	$0	$0
ROBERT BOBO	Director	0.00	Director	$0	$0	$0
NICOLE ROSS	Director	0.00	Director	$0	$0	$0
TYLER YARBROUGH	Director	0.00	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
2025	$1,117,609	$847,555	$762,265	$270,054
2024	$802,172	$694,484	$500,462	$107,688
2023	$666,060	$749,764	$349,418	$-83,704
2022	$724,637	$652,762	$431,917	$71,875
2021	$633,542	$580,420	$364,973	$53,122
2020	$560,268	$365,538	$348,812	$194,730
2019	$459,080	$360,412	$132,112	$98,668

GRIOT ARTS INC