The Cherry Arts Inc (EIN 472252738) - 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

2015

Legal Domicile

Principal Officer

Sam Buggeln

Phone

6467342740

Tax Period

2022-07-01 to 2023-06-30

The Cherry Arts Inc, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $247K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $278K exceeded revenue, resulting in a 13% operating deficit.

Mission

Theatrical Performance; providing space for other art organizations to perform; theatrical & art training

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $162,098

Program Service Revenue $82,380

Investment Income $0

Other Revenue $2,089

TOTAL REVENUE $246,567

Expense Breakdown

Grants Paid $4,116

Salaries & Benefits $124,512

Fundraising Expenses $1,108

Program Expenses $111,532

Other Expenses $149,334

TOTAL EXPENSES $277,962

Year-over-Year Comparison

	2022	2021	Change
Revenue	$246,567	$275,544	-0.1%
Expenses	$277,962	$275,117	+0.0%
Net Income	$-31,395	$427	-74.5%

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

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

$43,077

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel Buggeln	Artistic Director	40.00	Key Emp	$43,077	$0	$43,077
Penelope Chick	President	1.00	Director	$0	$0	$0
Jim Bouderau	Vice President	0.50	Director	$0	$0	$0
Greg Carlson	Treasurer	1.00	Director	$0	$0	$0
Laura Miller	Secretary	1.00	Director	$0	$0	$0
Eric Brooks	Board Member	0.50	Director	$0	$0	$0
Gautam Hans	Board Member	0.50	Director	$0	$0	$0
Kathy Lucas	Board Member	0.50	Director	$0	$0	$0
Karlem Sivira	Board Member	0.50	Director	$0	$0	$0
Megan Omohundro	Board Member	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$246,567	$277,962	$43,517	$-31,395
2022	$275,544	$275,117	$83,223	$427
2018	$127,795	$141,037	$17,050	$-13,242

The Cherry Arts Inc