EDISON ARTS FOUNDATION INC (EIN 463452623) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

ROBERTHA CARTER

Phone

7134594929

Tax Period

2023-01-01 to 2023-12-31

EDISON ARTS FOUNDATION INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $961K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $327K, a strong 34% operating margin.

Mission

THE EDISON ARTS FOUNDATION IS A 501(C)(3) NON-PROFIT FINE ARTS ORGANIZATION, ESTABLISHED FOR THE EDUCATIONAL AND CHARITABLE PURPOSE OF PRODUCING AND DEVELOPING CULTURAL AND PERFORMING ARTS PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES THROUGHOUT THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $880,300

Program Service Revenue $59,694

Investment Income $20,742

Other Revenue $0

TOTAL REVENUE $960,736

Expense Breakdown

Grants Paid $718

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $617,240

Other Expenses $633,227

TOTAL EXPENSES $633,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$960,736	$3,760,797	-0.7%
Expenses	$633,945	$667,051	0.0%
Net Income	$326,791	$3,093,746	-0.9%

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

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILLIAN ANTHONY	TREASURER	3.00	Officer Director	$0	$0	$0
ROBERTHA CARTER	OFFICER	40.00	Officer Director	$0	$0	$0
ANGEL PATTON	SECRETARY	5.00	Officer 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	$960,736	$633,945	$10,478,943	$326,791
2022	$3,760,797	$667,051	$9,735,968	$3,093,746
2021	$1,316,346	$443,140	$6,642,290	$873,206
2020	$80,823	$45,222	$5,767,728	$35,601
2019	$273,556	$66,994	$208,122	$206,562

EDISON ARTS FOUNDATION INC