SAVEARTSPACE

EIN: 473563000 501(c)(3) Arts, Culture & Humanities

GRAND BLANC, MI

Total Revenue
$143,102
Total Expenses
$254,046
Total Assets
$107,965
Net Assets
$107,965
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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
MI
Principal Officer
TRAVIS RIX
Phone
8108367454
Tax Period
2023-01-01 to 2023-12-31

SAVEARTSPACE, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $143K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $254K exceeded revenue, resulting in a 78% operating deficit.

Mission

TO DISPLAY ARTISTS WORK IN PUBLIC PLACES

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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 (2023)

Revenue Breakdown

Contributions & Grants $27,527
Program Service Revenue $115,575
Investment Income $0
Other Revenue $0
TOTAL REVENUE $143,102

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,194
Program Expenses $242,940
Other Expenses $254,046
TOTAL EXPENSES $254,046

Year-over-Year Comparison

2023 2022 Change
Revenue $143,102 $657,904 -0.8%
Expenses $254,046 $655,857 -0.6%
Net Income $-110,944 $2,047 -55.2%
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
3
Independent Members
3
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
$12,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN AVERSAND FORMER OFFIC 40.00
$112,000 $0 $112,000
TRAVIS RIX OFFICER - CO 20.00
Officer
$12,000 $0 $12,000
RONALD MIX OFFICER N/A
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
2024 No data No data No data No data
2023 $143,102 $254,046 $107,965 $-110,944
2022 $657,904 $655,857 $218,909 $2,047
2021 $790,017 $610,688 $216,862 $179,329
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