Alto, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VESSEL FOR ARTS, founded in 2011, is a small nonprofit in the Human Services sector that reported $406K in total revenue in fiscal year 2023.
Our purpose is to establish a community of teaching and learning artists who use their God-given talents to create, produce, perform or teach art that glorifies and honors the Lord.
More than 200 teenagers from 3 cities participated in HPA's mainstage productions during the 2023-2024 Season. After months of weekly rehearsals, the students were able to perform 6 shows for...
More than 200 teenagers from 3 cities participated in HPA's mainstage productions during the 2023-2024 Season. After months of weekly rehearsals, the students were able to perform 6 shows for audiences ranging from 500 to 900 patrons in each performance. Through this process the students grew personally in their sense of commitment, responsibility, self confidence, composure, interpersonal communication, social understanding, conflict resolution and work ethic. The students also experienced artistic growth in their performing abilities, including public speaking, singing, dancing, and acting.
Approximately 150 students ages 5-12 participated in HPA's StageWorks productions throughout the 2023-2024 Season. After rehearsing for approximately 11 weeks, these students performed for two...
Approximately 150 students ages 5-12 participated in HPA's StageWorks productions throughout the 2023-2024 Season. After rehearsing for approximately 11 weeks, these students performed for two audiences of more than 200 patrons. Through this process the students grew personally in their sense of commitment, responsibility, self confidence, composure, interpersonal communication, social understanding, conflict resolution and work ethic. The students also experienced artistic growth in their performing abilities, including public speaking, singing, dancing, and acting.
Approximately 200 students ages 9-18 participated in HPA's 2024 summer camps. These students participated in intensive daily programming which challenged them to step out of their comfort zone and...
Approximately 200 students ages 9-18 participated in HPA's 2024 summer camps. These students participated in intensive daily programming which challenged them to step out of their comfort zone and develop their skills. They received actor training including memorization, performance, scene blocking, script analysis, and character development. They also received training in vocal performance, choreography and scene development both individually and corporately. At the end of the week the students displayed their growth by performing for an audience.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $406,168 | $387,972 | +0.0% |
| Expenses | $423,507 | $362,911 | +0.2% |
| Net Income | $-17,339 | $25,061 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| Brad Garnaat | President and Executive Director | 60 |
Officer
Director
Key Emp
Highest
|
$88,500 | $0 | $88,500 |
| Beverly Bishop | Secretary | 0 |
Officer
|
$0 | $0 | $0 |
| Tanya Garnaat | Treasurer | 15 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $406,168 | $423,507 | $47,577 | $-17,339 |
| 2023 | $387,972 | $362,911 | $66,179 | $25,061 |
| 2022 | $318,861 | $305,830 | $40,769 | $13,031 |
| 2021 | $86,365 | $87,470 | $27,035 | $-1,105 |
| 2020 | $274,152 | $310,168 | $26,201 | $-36,016 |
| 2019 | $367,754 | $350,423 | $62,654 | $17,331 |
| 2018 | $370,602 | $334,704 | $48,456 | $35,898 |
Compare VESSEL FOR ARTS with other nonprofits in Michigan and across the country.