KINDRED ARTS INC

EIN: 473374361 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$305,052
Total Expenses
$327,855
Total Assets
$52,620
Net Assets
$-154,254
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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
NY
Principal Officer
MARSHA REID
Phone
9176856855
Tax Period
2022-04-01 to 2023-03-31

KINDRED ARTS INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $305K in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year.

Mission

KINDRED ARTS IS A CULTURAL EQUITY INITIATIVE CONCEIVING OF AND EXECUTING COMMUNITY ARTS PROGRAMMING IN PUBLIC SPACES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $252,645
Program Service Revenue $52,407
Investment Income $0
Other Revenue $0
TOTAL REVENUE $305,052

Expense Breakdown

Grants Paid $250
Salaries & Benefits $11,751
Fundraising Expenses $0
Program Expenses $272,179
Other Expenses $315,854
TOTAL EXPENSES $327,855

Year-over-Year Comparison

2022 2021 Change
Revenue $305,052 $379,025 -0.2%
Expenses $327,855 $381,907 -0.1%
Net Income $-22,803 $-2,882 +6.9%
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
2
Independent Members
2
Employees
N/A
Volunteers
1

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
$11,750
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARSHA REID EXECUTIVE DIRECTOR 40
Officer
$11,750 $0 $11,750
BETSY EATON TREASURER 1
Officer Director
$0 $0 $0
KHARY LAZARRE WHITE BOARD MEMBER 1
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
2023 $305,052 $327,855 $52,620 $-22,803
2022 $428,579 $381,863 $99,297 $46,716
2022 $379,025 $381,907 $49,699 $-2,882
2021 $128,576 $237,288 $13,805 $-108,712
2020 $215,057 $249,418 $3,367 $-34,361
2019 $212,385 $209,112 $11,886 $3,273
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