THE CENTER FOR CULTURAL POWER

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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

Principal Officer

FAVIANNA RODRIGUEZ

Phone

5108752135

Tax Period

2023-01-01 to 2023-12-31

THE CENTER FOR CULTURAL POWER, founded in 2011, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.1M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $14.8M exceeded revenue, resulting in a 143% operating deficit.

Mission

ARTISTS TRANSFORM THE WORLD THROUGH THEIR POWERFUL ART: STORIES, IMAGES, AND SONGS. THE CENTER FOR CULTURAL POWER EXISTS TO CREATE A THRIVING ECOSYSTEM FOR ARTISTS AND CULTURE MAKERS TO SHIFT WORLDVIEWS AWAY FROM DOMINATION AND EXTRACTION TOWARD COLLABORATION AND INTERDEPENDENCE.THE CENTER FOR CULTURAL POWER MOBILIZES ARTISTS TO ENVISION A WORLD IN WHICH CULTURAL, ECONOMIC, AND POLITICAL POWER ARE DISTRIBUTED EQUITABLY AND WHERE ALL HUMAN BEINGS CAN LIVE IN HARMONY WITH NATURE. CULTURAL POWER IS AN ARTIST-CENTERED CULTURAL STRATEGY ORGANIZATION THAT PROMOTES THE ARTIST AS A KEY AGENT OF SOCIAL CHANGE AND IS COMMITTED TO BUILDING THEIR COLLECTIVE POWER. WE CENTER BIPOC (BLACK, INDIGENOUS, PEOPLE OF COLOR), QUEER & TRANS, IMMIGRANT, UNDOCUMENTED, AND DISABLED ARTISTS IN OUR CULTURAL AND NARRATIVE STRATEGY WORK.

Program Service Accomplishments

Program 1

Expenses: $6,535,980 Revenue: $33,356

FIELD BUILDING: BUILDS A FIELD OF BIPOC PRACTITIONERS AT THE INTERSECTION OF ARTS AND SOCIAL JUSTICE WHO CREATE THE NARRATIVE STRATEGY NEEDED TO REALIZE A MORE JUST AND EQUITABLE WORLD.

Program 2

Expenses: $3,348,630 Revenue: $22,627

ARTIST LEADERSHIP: BUILDS THE POWER OF ARTISTS TO ADVANCE SOCIAL CHANGE THROUGH FELLOWSHIPS, COHORTS, AND WORKSHOPS.

Program 3

Expenses: $2,198,190 Revenue: $28,461

INTERSECTIONAL STORYTELLING: ACTIVATES ARTISTS AND MOVEMENT GROUPS TO CREATE INSPIRING STORIES ON ISSUES OF MIGRATION, CLIMATE, CIVIC, AND GENDER JUSTICE THAT CENTER ON DIRECTLY IMPACTED COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,344,559

Program Service Revenue $84,444

Investment Income $641,619

Other Revenue $0

TOTAL REVENUE $6,070,622

Expense Breakdown

Grants Paid $4,597,758

Salaries & Benefits $6,184,450

Fundraising Expenses $713,756

Program Expenses $12,082,800

Other Expenses $3,963,965

TOTAL EXPENSES $14,774,356

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,070,622	$7,559,604	-0.2%
Expenses	$14,774,356	$9,684,620	+0.5%
Net Income	$-8,703,734	$-2,125,016	+3.1%

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

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

$394,766

Total Directors

$238,877

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FAVIANNA RODRIGUEZ	PRESIDENT & DIRECTOR	39.00	Officer Director	$214,589	$15,463	$230,052
JEFFREY CHANG	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
SONYA CHILDRESS	BOARD VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ANTHONY FRANCIS	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
ERIN POTTS	BOARD MEMBER	1.00	Director	$8,825	$0	$8,825
RASHIDA PETERSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
FENNY CHOO	FINANCE DIRECTOR & SECRETARY	39.00	Officer	$141,104	$23,610	$164,714
TARA DORABJI	VICE PRESIDENT & CHIEF STRATEGY OFFICER	39.00	Highest	$191,088	$23,743	$214,831
AISHA GOSS	CHIEF DEVELOPMENT AND OPERATIONS OFFICER	39.00	Highest	$185,321	$16,861	$202,182
ALEXIS POSEY	CHIEF CAMPAIGNS OFFICER	33.00	Highest	$142,172	$14,488	$156,660
ERIN SOUCIE-WILLIAMS	CHIEF FIELD BUILDING OFFICER	40.00	Highest	$171,091	$14,916	$186,007
ANNA MARIA LUERA	DIRECTOR OF ARTIST LEADERSHIP	40.00	Highest	$132,418	$29,310	$161,728

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	No data	No data	No data	No data
2023	$6,070,622	$14,774,356	$12,977,144	$-8,703,734
2022	$7,559,604	$9,684,620	$21,377,929	$-2,125,016
2021	$20,883,886	$5,256,864	$23,247,160	$15,627,022
2020	$6,436,917	$4,666,639	$7,904,451	$1,770,278
2018	$1,842,110	$1,310,163	$1,363,141	$531,947