ACT ONE

EIN: 453560706 501(c)(3) Arts, Culture & Humanities

PHOENIX, AZ

Total Revenue
$700,194
Total Expenses
$913,621
Total Assets
$1,143,599
Net Assets
$773,828
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AZ
Principal Officer
Catherine Maloney
Phone
6023436239
Tax Period
2024-07-01 to 2025-06-30

ACT ONE, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $700K in total revenue in fiscal year 2024. Expenses of $914K exceeded revenue, resulting in a 30% operating deficit.

Mission

Act One creates and provides access to quality arts experiences enhancing the lives of Arizonas children and families. We do this through Field Trips, Culture Pass, and Virtual Reality Field Trips. IN FY25, we worked with more than 60 art and culture partners.

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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 $664,545
Program Service Revenue $2,950
Investment Income $32,269
Other Revenue $430
TOTAL REVENUE $700,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $389,551
Fundraising Expenses $68,839
Program Expenses $704,930
Other Expenses $524,070
TOTAL EXPENSES $913,621

Year-over-Year Comparison

2024 2023 Change
Revenue $700,194 $707,377 0.0%
Expenses $913,621 $749,996 +0.2%
Net Income $-213,427 $-42,619 +4.0%
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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Governance

Voting Members
14
Independent Members
14
Employees
12
Volunteers
20

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Catherine Maloney Executive Director 45.00
$103,009 $25,000 $128,009
Russ Perlich BOARD MEMBER 5.00
Director
$0 $0 $0
Al Priem BOARD MEMBER 1.00
Director
$0 $0 $0
Chris Houk BOARD MEMBER 1.00
Director
$0 $0 $0
Judy McDermott BOARD MEMBER 1.00
Director
$0 $0 $0
Robyn Lambert Lynch BOARD MEMBER 2.00
Director
$0 $0 $0
Courtney MacMillan Board Member 2.00
Director
$0 $0 $0
David Drennon Board Member 1.00
Director
$0 $0 $0
Katie Giel Board Member 2.00
Director
$0 $0 $0
Jonathan Perrone Board Member 2.00
Director
$0 $0 $0
Joshua Meibos Board Member 1.00
Director
$0 $0 $0
Mac Perlich Board Member 10.00
Officer
$0 $0 $0
John Clifford President 15.00
Officer
$0 $0 $0
Priscilla Marquez Imm Past Pres 10.00
Officer
$0 $0 $0
Robert Leone Treasurer 10.00
Officer
$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 $700,194 $913,621 $1,143,599 $-213,427
2024 $707,377 $749,996 $1,172,541 $-42,619
2023 $884,690 $1,153,953 $1,359,667 $-269,263
2022 $1,427,696 $961,212 $1,556,445 $466,484
2021 $916,748 $551,752 $1,054,982 $364,996
2020 $841,837 $931,453 $854,197 $-89,616
2019 $937,199 $895,863 $667,943 $41,336
2018 $808,909 $760,617 $654,844 $48,292
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