ARTPOP

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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

2015

Legal Domicile

Principal Officer

Wendy Hickey

Phone

7343201601

Tax Period

2024-01-01 to 2024-12-31

ARTPOP, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $464K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $589K exceeded revenue, resulting in a 27% operating deficit.

Mission

ArtPop is a 501c3 nonprofit organization that showcases local artists by featuring their art in public spaces and equipping them to achieve sustained success.

Program Service Accomplishments

Program 1

Expenses: $394,843 Revenue: $213,097

Programs in the Greater 13 County Charlotte NC region include several Inspiration projects These programs include Window Murals and Painted Murals. JLL, Lowes Tech Hub, Third & Urban, LendingTree...

Programs in the Greater 13 County Charlotte NC region include several Inspiration projects These programs include Window Murals and Painted Murals. JLL, Lowes Tech Hub, Third & Urban, LendingTree Foundation Support, and Annual Cities Program - juried art program for 20 artists. Revenues for these projects comes from a variety of individual contribution streams. Promoted 20 artisits through open calls, Displayed their works on billboards and digital ad boards

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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 (2024)

Revenue Breakdown

Contributions & Grants $248,748

Program Service Revenue $213,097

Investment Income $2,652

Other Revenue $0

TOTAL REVENUE $464,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,063

Fundraising Expenses $136,120

Program Expenses $394,843

Other Expenses $325,293

TOTAL EXPENSES $589,356

Year-over-Year Comparison

	2024	2023	Change
Revenue	$464,497	$593,881	-0.2%
Expenses	$589,356	$524,001	+0.1%
Net Income	$-124,859	$69,880	-2.8%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wendy Hickey	Executive Director	60.00	Officer Highest	$0	$0	$0
Will Teichman	Chairman	2.00	Officer Director	$0	$0	$0
Viraj Patel	Treasurer	2.00	Officer Director	$0	$0	$0
George Schafer	Secretary	2.00	Officer Director	$0	$0	$0
Carrie McCament	Vice Chair	2.00	Director	$0	$0	$0
Alice Cookson	Board Member	2.00	Director	$0	$0	$0
Maggie Mitchem-Flanigan	Board Member	2.00	Director	$0	$0	$0
Warren Steele III	Board Member	2.00	Director	$0	$0	$0
Marty Viser	Board Member	2.00	Director	$0	$0	$0
Kim Marks	Board Member	2.00	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	$464,497	$589,356	$178,697	$-124,859
2023	$593,881	$524,001	$303,777	$69,880
2022	$499,175	$488,628	$253,465	$10,547
2021	$390,324	$330,182	$249,185	$60,142
2020	$239,367	$124,700	$192,694	$114,667