Noblesville Creates

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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

2012

Legal Domicile

Phone

3174523690

Tax Period

2024-07-01 to 2025-06-30

Noblesville Creates, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $949K in total revenue in fiscal year 2024. The organization ran a surplus of $321K, a strong 34% operating margin.

Mission

Noblesville Creates cultivates arts resources to enrich the lives of everyone who experiences our community. We serve as the regional arts partner for the Indiana Arts Commission, serving seven counties in Central Indiana.

Program Service Accomplishments

Program 1

Expenses: $324,010 Revenue: $403,307

Noblesville Creates supports, promotes and provides outstanding experiences serving the communities of Eastern Hamilton County, Indiana, from Fishers to Atlanta. Not only do we provide events to...

Noblesville Creates supports, promotes and provides outstanding experiences serving the communities of Eastern Hamilton County, Indiana, from Fishers to Atlanta. Not only do we provide events to experience the arts, but we also provide educational opportunities from aspiring artists.

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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 (2024)

Revenue Breakdown

Contributions & Grants $508,738

Program Service Revenue $403,307

Investment Income $6,035

Other Revenue $30,436

TOTAL REVENUE $948,516

Expense Breakdown

Grants Paid $4,859

Salaries & Benefits $300,834

Fundraising Expenses $108,831

Program Expenses $324,010

Other Expenses $322,100

TOTAL EXPENSES $627,793

Year-over-Year Comparison

	2024	2023	Change
Revenue	$948,516	N/A	N/A
Expenses	$627,793	N/A	N/A
Net Income	$320,723	N/A	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

$74,339

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ailithir McGill	Executive Dir.	65.00	Director	$74,339	$0	$74,339
Rachael Coverdale	Vice President	2.00	Officer Director	$0	$0	$0
Darren Peterson	President	3.00	Officer Director	$0	$0	$0
Lisa Knowles	Director	1.00	Director	$0	$0	$0
Katie Thompson	Secretary	2.00	Officer Director	$0	$0	$0
Doug Fauth	Director	1.00	Director	$0	$0	$0
John Weingardt	Director	1.00	Director	$0	$0	$0
Sarah Reed	Director	1.00	Director	$0	$0	$0
Ryne Rayburn	Director	1.00	Director	$0	$0	$0
Esther Lakes	Director	1.00	Director	$0	$0	$0
Kelsey Van Voorst	Director	1.00	Director	$0	$0	$0
Georgana Nichols	Director	1.00	Director	$0	$0	$0
Christi Crosser	Director	1.00	Director	$0	$0	$0
Lesle Lane	Director	1.00	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
2025	$948,516	$627,793	$458,893	$320,723
2024	No data	No data	No data	No data
2023	$520,481	$562,815	$130,767	$-42,334
2022	$551,057	$473,330	$174,650	$77,727
2021	$422,458	$383,399	$138,591	$39,059
2020	$377,017	$419,583	$99,268	$-42,566
2019	$449,524	$476,140	$96,117	$-26,616
2018	$481,523	$747,744	$119,936	$-266,221