FUTURE ARTS FOUNDATION

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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

Principal Officer

TRAVIS ALBRIGHT

Phone

7204404975

Tax Period

2025-01-01 to 2025-12-31

FUTURE ARTS FOUNDATION, founded in 2014, is a small nonprofit in the Youth Development sector that reported $360K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $414K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO HOST CONCERTS THAT SUPPORT YOUTH ARTS PROGRAMS

Program Service Accomplishments

Program 1

Expenses: $324,538 Revenue: $325,005

IN 2025,THE FUTURE ARTS FOUNDATION OPENED THE DOORS TO IT'S FREE TUITION MUSIC SCHOOL, THE BLUEBIRD SCHOOL. THE SCHOOL PROVIDED FREE MUSIC INSTRUCTION, OVER TWO SEMESTERS, TO FOURTEEN STUDENTS. THE STUDENTS WERE AGED FOURTEEN THROUGH EIGHTEEN, AND CAME FROM SIX COLORADO CITIES. AFTER TWO SEMESTERS OF INSTRUCTION, THE STUDENTS PERFORMED THE KICKOFF CONCERT FOR THE BLUEBIRD MUSIC FESTIVAL. THE BLUEBIRD MUSIC FESTIVAL SOLD OUT THREE OF IT'S FOUR EVENTS THIS YEAR, WITH EIGHT THOUSAND ATTENDEES FROM FIFTEEN COUNTRIES AND OVER FORTY STATES. WE WILL BE OPENING OUR FIRST BRICK AND MORTAR LOCATION, THE LOST BLUEBIRD, IN THE SUMMER OF 2026. THE LEASE WAS EXECUTED IN APRIL 2025.

Program 2

Expenses: $14,189

THE FOUNDATION DONATED APPROXIMATELY 20 INSTRUMENTS TO THE CHILDREN OF COLORADO TEACHERS AND FIRST RESPONDERS.

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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 $33,502

Program Service Revenue $325,005

Investment Income $0

Other Revenue $1,253

TOTAL REVENUE $359,760

Expense Breakdown

Grants Paid $7,205

Salaries & Benefits $47,641

Fundraising Expenses $31,684

Program Expenses $338,727

Other Expenses $358,788

TOTAL EXPENSES $413,634

Year-over-Year Comparison

	2025	2024	Change
Revenue	$359,760	$417,504	-0.1%
Expenses	$413,634	$567,943	-0.3%
Net Income	$-53,874	$-150,439	-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

Governance

Voting Members

Independent Members

Employees

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

$41,906

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRAVIS ALBRIGHT	EXECUTIVE DI	40.00	Director	$41,906	$0	$41,906
EDWARD RIDGE	BOARD CHAIR	1.00	Director	$0	$0	$0
TAYLOR RIDGE	SECRETARY	1.00	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	$359,760	$413,634	$39,756	$-53,874
2024	$417,504	$567,943	$64,962	$-150,439
2023	$567,499	$455,292	$215,596	$112,207
2022	$457,559	$547,855	$103,597	$-90,296
2021	$403,477	$226,359	$196,377	$177,118