Springfield, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ART FOR THE SOUL GALLERY INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $135K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $128K left a modest 5% surplus.
ART FOR THE SOUL GALLERY, INC. WAS ESTABLISHED TO PROVIDE A VENUE WHERE ARTISTS OF ALL CULTURES CAN EXHIBIT AND SELL THEIR ART. THE SPACE WAS CREATED TO REPRESENT AND PROMOTE THE WORK OF EMERGING LOCAL ARTISTS.
THE ART FOR THE SOUL GALLERY, INC. IS OPEN TO THE GENERAL PUBLIC FREE OF CHARGE. LOCAL ARTISTS EXHIBIT THEIR ART AT THE GALLERY TO INCREASE APPRECIATION OF PAINTINGS AND SCULPTURES. THE GALLERY...
THE ART FOR THE SOUL GALLERY, INC. IS OPEN TO THE GENERAL PUBLIC FREE OF CHARGE. LOCAL ARTISTS EXHIBIT THEIR ART AT THE GALLERY TO INCREASE APPRECIATION OF PAINTINGS AND SCULPTURES. THE GALLERY HOSTS, LECTURES, READINGS AND EXHIBITS IN CONJUNCTION WITH OTHER NON-PROFIT GROUPS WHO REFLECT THE MISSION AND THE EDUCATIONAL OBJECTIVES OF THE ART FOR THE SOUL GALLERY.
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 | $135,113 | $190,918 | -0.3% |
| Expenses | $128,130 | $145,159 | -0.1% |
| Net Income | $6,983 | $45,759 | -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 |
|---|---|---|---|---|---|---|
| ROSEMARY TRACY WOODS | EXECUTIVE DIRECTOR | 25.00 |
Officer
Director
|
$0 | $0 | $0 |
| TONI HENDRIX | PRESIDENT | 10.00 |
Officer
|
$0 | $0 | $0 |
| AKQUANNA WELLS | SECRETARY | N/A |
Officer
|
$0 | $0 | $0 |
| LAWRENCE MURREN | TREASURER | N/A |
Officer
|
$0 | $0 | $0 |
| WILLIAM MYERS | ARTISTIC DIRECTOR | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $135,113 | $128,130 | $89,339 | $6,983 |
| 2023 | $190,918 | $145,159 | $82,356 | $45,759 |
| 2022 | $79,421 | $76,502 | $36,597 | $2,919 |
| 2021 | $74,277 | $65,752 | $33,678 | $8,525 |
| 2020 | $92,520 | $68,442 | $25,153 | $24,078 |
Compare ART FOR THE SOUL GALLERY INC with other nonprofits in Massachusetts and across the country.