San Jose, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Local Color, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 4% surplus.
Local Colors mission is to build equitable pathways for local artists and creatives to thrive. We meet our mission by facilitating equitably paid projects for artists; acquiring and developing affordable workspace for local creatives;(Continued at Schedule O, Note 06.)
Creative Services. In 2024, Local Colors Creative Services program supported the creation of over 20,000 square feet of murals across 36 projects, directly engaging 64 local artists. These public and...
Creative Services. In 2024, Local Colors Creative Services program supported the creation of over 20,000 square feet of murals across 36 projects, directly engaging 64 local artists. These public and private commissions included highly visible installations in San Jos, Milpitas, and San Mateo, bringing vibrancy to commercial corridors and community hubs alike. In addition to mural production, this program expanded capacity by hiring a second full-time team member, allowing Local Color to meet growing demand for high-quality public art. Highlights include mural restoration work in partnership with the San Jos Downtown Association and the stewardship of beloved pieces such as Threads Woven by Jimmy Paints and Recuerdos del Este by Edgar Ochoa. This work advanced the organizations mission by increasing artist compensation, expanding access to public art, and reinvesting in the cultural infrastructure of the city.
Creative Spaces. In 2024, Local Color provided over 23,000 square feet of affordable, collaborative workspace to 40 artists and 7 creative organizations across San Jos. Through the Creative Spaces...
Creative Spaces. In 2024, Local Color provided over 23,000 square feet of affordable, collaborative workspace to 40 artists and 7 creative organizations across San Jos. Through the Creative Spaces program, Local Color ensured ongoing access to safe, functional space for creative production, rehearsal, and exhibition. noble workshop & gallery, served as both an artist studio and a community gathering space. Monthly exhibitions at noble showcased the work of over 205 regional artists The program also expanded programming access to residents of the Arya affordable housing complex, deepening its commitment to equitable access to the arts. In a city facing rising commercial rents and displacement, Creative Spaces remains a cornerstone of Local Colors mission to build infrastructure where artists can thrive.
Creative Experiences. Local Colors Creative Experiences program delivered 31 immersive art workshops and community events in 2024, designed and led by 25 local creatives. These experiences reached...
Creative Experiences. Local Colors Creative Experiences program delivered 31 immersive art workshops and community events in 2024, designed and led by 25 local creatives. These experiences reached over 1,000 participants, including corporate teams, K-12 students, and community groups. The program fostered creative expression, wellness, and connection through hands-on activities such as botanical decoupage, clay sculpture, and communal painting. The program also cultivated long-term partnerships with organizations like Google, the Tech Interactive, and Foster the Bay, subsidizing more than $8,000 in programming costs. The Creative Experiences program continues to diversify earned revenue while offering inclusive, accessible art-making opportunities across generations.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,456,299 | $1,369,194 | +0.1% |
| Expenses | $1,396,296 | $641,142 | +1.2% |
| Net Income | $60,003 | $728,052 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Erin Salazar | Executive Director | 40.00 |
Officer
Director
|
$84,455 | $5,028 | $89,483 |
| Manny Fernandez | Director & Treasurer | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Chad Johnston | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Amanda Hill | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Lisanna Dominguez | Director & President | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Ramiro Torrez | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Antonio Mendoza | Director & Secretary | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Angie Guatemala | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Ella Wesley | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,456,299 | $1,396,296 | $848,256 | $60,003 |
| 2023 | $1,369,194 | $641,142 | $869,096 | $728,052 |
| 2022 | $653,348 | $542,177 | $409,428 | $111,171 |
| 2021 | $675,756 | $560,585 | $363,756 | $115,171 |
| 2020 | $544,490 | $487,525 | $249,709 | $56,965 |
| 2019 | $399,082 | $397,823 | $151,326 | $1,259 |
| 2018 | $314,377 | $300,943 | $103,759 | $13,434 |
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