Lakewood, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)40 WEST ARTS INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $281K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $355K exceeded revenue, resulting in a 26% operating deficit.
Vision: To accelerate the re-emergence of Lakewoods historic West Colfax corridor as a vibrant creative corridor and a memorable commercial destination; Mission: To enrich the community and enhance the creative cultural and economic vitality of the historic West Colfax corridor by creating or catalyzing community arts spaces and community arts events and by facilitating creative enterprises experiences and activities in the district; Values: To be an inclusive organization with a commitment to creativity that inspires artistic experimentation for both the novice and professional and advances the creative cultural entrepreneurial economic and physical vitality of our community.
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 | $281,460 | $304,322 | -0.1% |
| Expenses | $355,042 | $307,431 | +0.2% |
| Net Income | $-73,582 | $-3,109 | +22.7% |
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 |
|---|---|---|---|---|---|---|
| Liz Black | PT Exec Director | 25.00 |
Officer
Key Emp
Highest
|
$0 | $38,000 | $76,000 |
| Terra Marks | Gallery Manager | 20.00 |
Key Emp
|
$0 | $34,000 | $68,000 |
| William Marino | Board Chair | 25.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Yoshida | Board Member and Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Katja Walton | Board Member and Vice Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joe Ott | Board Member | 15.00 |
Director
|
$0 | $0 | $0 |
| Keely Garcia | Board Member and Board Secretary | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Olivia Garia | Board Member | 10.00 |
Director
|
$0 | $0 | $0 |
| Jonathan | Marcantoni | 10.00 |
Director
|
$0 | $0 | $0 |
| Melissa | Estepp | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $281,460 | $355,042 | $90,062 | $-73,582 |
| 2023 | $304,322 | $307,431 | $169,452 | $-3,109 |
| 2022 | $565,906 | $475,433 | $170,374 | $90,473 |
| 2022 | $565,906 | $475,433 | $170,374 | $90,473 |
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