RHIZOME DC (EIN 473844095) - Form 990 Financial Analysis & Trantor Score

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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

Layne Garrett

Phone

2024687842

Tax Period

2025-01-01 to 2025-12-31

RHIZOME DC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $504K in total revenue in fiscal year 2025. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $169K, a strong 33% operating margin.

Mission

Supporting and showcasing the arts

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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 $269,206

Program Service Revenue $224,296

Investment Income $8,751

Other Revenue $1,499

TOTAL REVENUE $503,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,543

Fundraising Expenses $0

Program Expenses $317,766

Other Expenses $287,607

TOTAL EXPENSES $335,150

Year-over-Year Comparison

	2025	2024	Change
Revenue	$503,752	$1,016,948	-0.5%
Expenses	$335,150	$926,787	-0.6%
Net Income	$168,602	$90,161	+0.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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

$46,013

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Layne Garrett	Director, Trustee	40	Director	$46,013	$0	$46,013
Leslie Bumstead	Trustee	5	Director	$0	$0	$0
Kanchan Balse	Trustee	4	Director	$0	$0	$0
Steven Korn	President, Trustee	2	Officer Director	$0	$0	$0
Tom White	Trustee	5	Director	$0	$0	$0
Ann Beman	Trustee	1	Director	$0	$0	$0
Luke Stewart	Trustee	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
2025	$503,752	$335,150	$969,733	$168,602
2024	No data	No data	No data	No data
2023	$223,504	$297,206	$18,554	$-73,702
2022	$206,040	$226,344	$65,075	$-20,304
2021	$261,140	$195,296	$85,379	$65,844

RHIZOME DC