FOR LOVE & ART

EIN: 453765824 501(c)(3) Arts, Culture & Humanities

Dallas, TX

Total Revenue
$278,569
Total Expenses
$210,950
Total Assets
$134,501
Net Assets
$109,239
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
Kym Shaw Day
Phone
8554278669
Tax Period
2022-01-01 to 2022-12-31

FOR LOVE & ART, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $279K in total revenue in fiscal year 2022. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 24% operating margin.

Mission

For Love & Art brings the Art Experience to those with limited mobility. We stimulate art appreciation while empowering caregivers to love people in creative and transformative ways. Since 2010, we've excelled at transforming the quality of life for seniors and hospice. For Love & Art is in the business of healing, rejuvenating, and 'dusting' broken spirits - even if just for a little while - through simple human love, therapeutic engagement, digital technology, and the preternatural power of art. For Love & Art brings treasures from fine museums from around the world - among the greatest works of genius the world has ever known - directly into the hearts of our communities. To hospices. To hospitals. To Senior Living. To VA Medical Centers. To family.

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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 (2022)

Revenue Breakdown

Contributions & Grants $225,929
Program Service Revenue $40,257
Investment Income $3
Other Revenue $12,380
TOTAL REVENUE $278,569

Expense Breakdown

Grants Paid $6,862
Salaries & Benefits $169,764
Fundraising Expenses $49,403
Program Expenses $118,043
Other Expenses $34,324
TOTAL EXPENSES $210,950

Year-over-Year Comparison

2022 2021 Change
Revenue $278,569 $144,181 +0.9%
Expenses $210,950 $139,501 +0.5%
Net Income $67,619 $4,680 +13.4%
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
5
Independent Members
5
Employees
2
Volunteers
12

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
7
$155,969
Key Employees
2
$155,969
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kym Shaw Day Executive Director 40
Director Key Emp
$85,000 $0 $85,000
Samantha Moya Program Director 40
Director Key Emp
$70,969 $0 $70,969
Amy Daniels Board of Directors Chair 1
Officer Director
$0 $0 $0
Charmaine Solomon Board of Directors Co-Chair 1
Officer Director
$0 $0 $0
Seth Catchpool Board Member 1
Director
$0 $0 $0
Kristoffer Leftwich Secretary 1
Officer Director
$0 $0 $0
Domenick Juliano Treasurer 1
Officer Director
$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
2024 No data No data No data No data
2022 $278,569 $210,950 $134,501 $67,619
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