BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)POWERHOUSE ARTS INC, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.8M in total revenue in fiscal year 2023. Revenue surged 177% from the prior year, signaling strong growth momentum. Expenses of $18.8M exceeded revenue, resulting in a 114% operating deficit.
POWERHOUSE IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO CREATIVE EXPRESSION. HOUSED IN A PURPOSE-BUILT FACILITY IN BROOKLYN, THE ORGANIZATION HOSTS AN EXTENDED NETWORK OF ART AND FABRICATION PROFESSIONALS AND EDUCATORS WHO WORK TOGETHER TO CO-CREATE AND SHARE ARTISTIC PRACTICES VITAL TO THE WELLBEING OF ARTISTS AND THE COMMUNITIES TO WHICH THEY BELONG.
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 | $8,787,610 | $3,173,205 | +1.8% |
| Expenses | $18,768,042 | $15,756,560 | +0.2% |
| Net Income | $-9,980,432 | $-12,583,355 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| LAURA HANNA | CHAIR | 30.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC SHINER | PRESIDENT | 40.00 |
Officer
|
$397,899 | $16,445 | $414,344 |
| ELIZABETH LEWIS BUCKLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LATOYA RUBY FRAZIER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER HO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL HURST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACEY RYANS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DREAD SCOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN M BATTAGLIA | SR. VICE PRESIDENT | 40.00 |
Officer
|
$240,799 | $19,495 | $260,294 |
| SHAYNA JEFFERS | FINANCE DIRECTOR | 40.00 |
Officer
|
$147,899 | $22,869 | $170,768 |
| MITCHELL ROTH | FACILITIES DIRECTOR | 40.00 |
Highest
|
$148,689 | $69,082 | $217,771 |
| ANIKA SELHORST | INTERIM CO-EXEC. DIRECTOR | 40.00 |
Highest
|
$134,345 | $55,546 | $189,891 |
| PHOENIX LINDSEY HALL | DIRECTOR OF OPERATIONS | 40.00 |
Highest
|
$118,063 | $40,093 | $158,156 |
| ERDINC KAYNAS | CHIEF ENGINEER | 40.00 |
Highest
|
$123,504 | $34,093 | $157,597 |
| YARISBETH SAGARDIA | HUMAN RESOURCES DIRECTOR | 40.00 |
Highest
|
$123,267 | $16,659 | $139,926 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $8,787,610 | $18,768,042 | $323,321,070 | $-9,980,432 |
| 2023 | $3,173,205 | $15,756,560 | $330,308,153 | $-12,583,355 |
| 2022 | $10,355,854 | $5,413,056 | $191,125,133 | $4,942,798 |
| 2022 | $8,987,730 | $5,413,056 | $189,757,009 | $3,574,674 |
| 2021 | $2,438,930 | $5,235,560 | $187,718,007 | $-2,796,630 |
| 2020 | $4,243,261 | $6,289,660 | $190,612,630 | $-2,046,399 |
| 2019 | $4,588,738 | $4,270,604 | $196,440,372 | $318,134 |
Compare POWERHOUSE ARTS INC with other nonprofits in New York and across the country.