ART CREATES US INC (EIN 461518061) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

ADARSH ALPHONS

Phone

2122561947

Tax Period

2023-07-01 to 2024-06-30

ART CREATES US INC, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

ProjectArt s purpose is to change the way the world values arts education and unleash the power of creativity in every child

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,043,400

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,043,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $552,184

Fundraising Expenses $42,543

Program Expenses $950,759

Other Expenses $591,740

TOTAL EXPENSES $1,143,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,043,400	$852,609	+0.2%
Expenses	$1,143,924	$707,805	+0.6%
Net Income	$-100,524	$144,804	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$122,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adarsh Alphons	Chairperson	020.00	Officer	$122,000	$0	$122,000
Lisa Applebaum	Director	001.00	Officer	$0	$0	$0
Agostina Pechi	Treasurer	001.00	Officer	$0	$0	$0
David McGhee	Director	001.00	Officer	$0	$0	$0
Kelly Vanasse	Director	001.00	Officer	$0	$0	$0
Heidi Hovland	Secretary	001.00	Officer	$0	$0	$0
Mathew Trebek	Director	001.00	Officer	$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	No data	No data	No data	No data
2024	$1,043,400	$1,143,924	$127,867	$-100,524
2024	$1,043,400	$1,143,924	$127,867	$-100,524
2023	$852,609	$707,805	$300,228	$144,804
2022	$519,742	$730,452	$108,301	$-210,710
2021	$835,620	$688,832	$324,638	$146,788
2020	$750,771	$954,169	$294,684	$-203,398
2019	$1,179,857	$988,003	$351,249	$191,854
2018	$1,065,862	$1,042,031	$156,268	$23,831

ART CREATES US INC