MILLER BEACH ARTS & CREATIVE DISTRICT CDC

EIN: 452182448 501(c)(3) Arts, Culture & Humanities

GARY, IN

Total Revenue
$234,484
Total Expenses
$178,080
Total Assets
$298,772
Net Assets
$293,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IN
Phone
2198859114
Tax Period
2024-07-01 to 2025-06-30

MILLER BEACH ARTS & CREATIVE DISTRICT CDC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $234K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $56K, a strong 24% operating margin.

Mission

The Miller Beach Arts & Creative District strives to be a diverse, welcoming, and vibrant destination for the visual and performing arts. Our aim is to use the arts as a catlyst for change, community regenaration, and enriched quality of life on Lake Street.

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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 $117,779
Program Service Revenue $40,566
Investment Income $1,104
Other Revenue $75,035
TOTAL REVENUE $234,484

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,005
Fundraising Expenses $0
Program Expenses $166,230
Other Expenses $131,075
TOTAL EXPENSES $178,080

Year-over-Year Comparison

2024 2023 Change
Revenue $234,484 $200,165 +0.2%
Expenses $178,080 $172,870 +0.0%
Net Income $56,404 $27,295 +1.1%
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

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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
N/A
Independent Members
N/A
Employees
1
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
5
$44,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julia Gibbs Executive Director 35.00
Officer
$44,000 $0 $44,000
Ann Rose Board Member 5.00
Director
$0 $0 $0
Larry Lapidus Board Member 2.00
Director
$0 $0 $0
Geneie Dilts Board Member 2.00
Director
$0 $0 $0
Aldwin Livingston Board Member 2.00
Director
$0 $0 $0
Jen Poncin Board Member 2.00
Director
$0 $0 $0
Wendy P Prettyman Board Member 25.00
Director
$0 $0 $0
Jamika Smith Board Member 1.00
Director
$0 $0 $0
Kathy Long President 30.00
Officer
$0 $0 $0
Nancy Hejna Secretary 10.00
Officer
$0 $0 $0
Deidre Dixon Vice President - Creative 4.00
Officer
$0 $0 $0
Maria Burud Vice President - Operations 3.00
Officer
$0 $0 $0
Irene Smith King President Emeritus 2.00
$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 $234,484 $178,080 $298,772 $56,404
2024 $200,165 $172,870 $254,565 $27,295
2022 $154,599 $171,432 $246,616 $-16,833
2021 $116,330 $117,518 $245,577 $-1,188
2020 $158,369 $135,057 $249,255 $23,312
2019 $184,078 $190,531 $346,323 $-6,453
2018 $148,246 $184,525 $350,565 $-36,279
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