CENTRAL FLORIDA VOCAL ARTS

EIN: 461089806 501(c)(3) Arts, Culture & Humanities

WINTER PARK, FL

Total Revenue
$433,222
Total Expenses
$474,945
Total Assets
$59,701
Net Assets
$-888
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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
FL
Principal Officer
THERESA SMITH-LEVIN
Phone
8635107236
Tax Period
2023-01-01 to 2023-12-31

CENTRAL FLORIDA VOCAL ARTS, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $433K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

CENTRAL FLORIDA VOCAL ARTS AND OPERA DEL SOL EXIST TO CREATE A BETTER CENTRAL FLORIDA COMMUNITY THROUGH ARTS EDUCATION, PERFORMANCE AND APPRECIATION. WE STRIVE TO CREATE EQUITABLE ACCESS TO MEANINGFUL ARTS EXPERIENCES FOR ALL PEOPLE IN OUR COMMUNITY. WE ACHIEVE OUR MISSION THROUGH EDUCATION PARTNERSHIPS THAT ENSURE ARTISTS OF ALL AGES AND ECONOMIC MEANS RECEIVE OUTSTANDING ARTS EDUCATION BOTH IN CLASS AND INDIVIDUAL SETTINGS. WE PRESENT PROFESSIONAL PROGRAMMING THAT FURTHER IMPORTANT COMMUNITY CONVERSATIONS AND RE-IMAGINE THE WAY ART IS PRESENTED. FINALLY, WE COLLABORATE TO BRING ENGAGING ART PERFORMANCES TO UNEXPECTED PLACES TO REACH NEW AND UNDERSERVED AUDIENCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $223,275
Program Service Revenue $159,956
Investment Income $0
Other Revenue $49,991
TOTAL REVENUE $433,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,938
Fundraising Expenses $23,333
Program Expenses $355,657
Other Expenses $380,007
TOTAL EXPENSES $474,945

Year-over-Year Comparison

2023 2022 Change
Revenue $433,222 $304,390 +0.4%
Expenses $474,945 $332,896 +0.4%
Net Income $-41,723 $-28,506 +0.5%
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

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
53

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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN MEDER PRESIDENT 4.00
Director
$0 $0 $0
ANNE MARIE CICCONE VICE PRESIDE 1.00
Director
$0 $0 $0
VALERIE DEFOREST BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HAMDAN BOARD MEMBER 2.00
Director
$0 $0 $0
LAWRENCE LYMAN BOARD MEMBER 1.00
Director
$0 $0 $0
KWAKU MITCHELL SECRETARY 1.00
Director
$0 $0 $0
JOHN MYKLUSCH TREASURER 2.00
Director
$0 $0 $0
MOLLY YUSKA BOARD MEMBER 10.00
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
2024 No data No data No data No data
2023 $433,222 $474,945 $59,701 $-41,723
2022 $304,390 $332,896 $39,343 $-28,506
2021 $237,586 $183,522 $71,255 $54,064
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