NAMBA PERFORMING ARTS SPACE INC

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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

2014

Legal Domicile

Principal Officer

MICHAEL HENSZEY

Phone

8056202830

Tax Period

2025-01-01 to 2025-12-31

NAMBA PERFORMING ARTS SPACE INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $352K in total revenue in fiscal year 2025. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 23% operating margin.

Mission

A COMMUNITY BASED PERFORMING ARTS SPACE DEDICATED TO PRODUCE, PRESENT AND PROVIDE PUBLIC ACCESS TO PERFORMING ARTS CLASSES, SHOWS AND EVENTS.

Program Service Accomplishments

Program 1

Expenses: $106,253 Revenue: $125,643

Presented dozens of new works by emerging and established artists increased access to innovative performances with affordable community-centered programs and built a platform for artists to...

Presented dozens of new works by emerging and established artists increased access to innovative performances with affordable community-centered programs and built a platform for artists to experiment, connect and give audiences fresh, boundary-pushing live performances.

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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 (2025)

Revenue Breakdown

Contributions & Grants $242,782

Program Service Revenue $108,992

Investment Income $0

Other Revenue $75

TOTAL REVENUE $351,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,969

Fundraising Expenses $4,027

Program Expenses $106,253

Other Expenses $204,563

TOTAL EXPENSES $271,532

Year-over-Year Comparison

	2025	2024	Change
Revenue	$351,849	$179,178	+1.0%
Expenses	$271,532	$195,848	+0.4%
Net Income	$80,317	$-16,670	-5.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GIGI HARTMAN	SECRETARY	008.00	Officer	$0	$0	$0
STEVE HOLANOV	TREASURER	008.00	Officer	$0	$0	$0
MICHAEL HENSZEY	PERSIDENT	008.00	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	$351,849	$271,532	$121,998	$80,317
2024	No data	No data	No data	No data
2023	$212,114	$197,953	$63,619	$14,161