GAFA STUDIOS

EIN: 471644521 501(c)(3) Arts, Culture & Humanities

WILMINGTON, NC

Total Revenue
$226,424
Total Expenses
$217,926
Total Assets
$115,159
Net Assets
$114,863
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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
NC
Principal Officer
ALISON DUTKA JONES
Phone
9105068105
Tax Period
2024-01-01 to 2024-12-31

GAFA STUDIOS, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $226K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $218K left a modest 4% surplus.

Mission

TO PROVIDE LESSONS AND DEVELOPMENT OPPORTUNITIES FOR DANCE STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $207,385
Program Service Revenue $0
Investment Income $7
Other Revenue $19,032
TOTAL REVENUE $226,424

Expense Breakdown

Grants Paid $1,600
Salaries & Benefits $70,710
Fundraising Expenses $16,005
Program Expenses $176,551
Other Expenses $124,489
TOTAL EXPENSES $217,926

Year-over-Year Comparison

2024 2023 Change
Revenue $226,424 $203,545 +0.1%
Expenses $217,926 $180,872 +0.2%
Net Income $8,498 $22,673 -0.6%
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
5
Independent Members
1
Employees
N/A
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
2
$32,550
Total Directors
3
$6,957
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE DUBEL SECRETARY 5.00
Director
$6,957 $0 $6,957
TAMARA NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD DUTKA CHAIRPERSON 5.00
Director
$0 $0 $0
ALISON DUTKA JONES PRESIDENT 40.00
Officer
$24,000 $0 $24,000
LINDA DUTKA TREASURER 20.00
Officer
$8,550 $0 $8,550
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 $226,424 $217,926 $115,159 $8,498
2023 $203,545 $180,872 $106,365 $22,673
2022 $180,548 $141,751 $83,692 $38,797
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