Fayetteville, AR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FAYETTEVILLE ART ALLIANCE, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $205K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $312K exceeded revenue, resulting in a 52% operating deficit.
Art Ventures is an incubator for diverse local/regional artists and conducts K-12 art education/exhibitions, curatorial internships, and community engagement.
Art Ventures has fostered substantive advancements in the practices and lives of the diversity of artists we champion into the mainstream of NWA arts. Our efforts are deep, inculcating our mission...
Art Ventures has fostered substantive advancements in the practices and lives of the diversity of artists we champion into the mainstream of NWA arts. Our efforts are deep, inculcating our mission and vision that art is for everyone through AV's K-12 Gallery Initiative providing programming for both the public school system and the home-schooled students through the gallery phase of art practice, the Sharon Killian Curatorial Internship in association with UA School of Art and the NWA Community College, and community collaborations to provide additional services to marginalized communities. Our talks and receptions are scheduled monthly both in our main gallery and off-site exhibition sites which include Theatre Squared, Fayetteville Public Library, Jim and Joyce Faulkner Performing Arts Center, and Fayetteville Chamber of Commerce. Art Ventures impacts the cultural arts and the ecosystem in a continuum that has inclusion and diversity at its base and we are proud of this achievement for local communities, for the NWA region, and for Arkansas.
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 | $205,224 | $291,969 | -0.3% |
| Expenses | $312,095 | $402,762 | -0.2% |
| Net Income | $-106,871 | $-110,793 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| Sharon Killian | President | 10 |
Director
|
$0 | $0 | $0 |
| Karolyn Farrell | Secretary | 5 |
Director
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$0 | $0 | $0 |
| Kent Oliver | Treasurer | 2 |
Director
|
$0 | $0 | $0 |
| Quintin Canada | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Craig Underwood | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Syard Evans | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Esther Silver Parker | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Ana Aguayo | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Jennifer Greenhill | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Paige Phillips | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Brie Madden | Board Member | 2 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $205,224 | $312,095 | $49,019 | $-106,871 |
| 2022 | $291,969 | $402,762 | $152,698 | $-110,793 |
| 2021 | $166,458 | $241,367 | $262,725 | $-74,909 |
| 2020 | $261,720 | $141,318 | $336,323 | $120,402 |
| 2019 | $382,751 | $198,803 | $240,057 | $183,948 |
| 2018 | $237,332 | $204,851 | $79,545 | $32,481 |
Compare THE FAYETTEVILLE ART ALLIANCE with other nonprofits in Arkansas and across the country.