SALISBURY ARTS ALLIANCE INC

EIN: 474845564 501(c)(3)

SALISBURY, MD

Total Revenue
$133,909
Total Expenses
$119,943
Total Assets
$77,039
Net Assets
$77,039
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MD
Principal Officer
JAMIE HEATER
Phone
4105439091
Tax Period
2023-01-01 to 2023-12-31

SALISBURY ARTS ALLIANCE INC, founded in 2015, is a small nonprofit that reported $134K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $120K left a modest 10% surplus.

Mission

TO ORGANIZE, ENCOURAGE, PROMOTE AND SUPPORT THE ARTISTIC AND RECREATIONAL ENDEAVORS OF PRIVATE CITIZENS, OTHER NONPROFIT ORGANIZATIONS, MUNICIPAL ENTITIES AND DEPARTMENTS, AND PUBLIC-SPIRITED BUSINESSES, IN CIVIC AND CULTURAL ACTIVITIES DESIGNED TO ESTABLISH THE CITY OF SALISBURY, MD, AS A MORE VIBRANT, ENLIGHTENED AND ECONOMICALLY THRIVING COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $113,780 Revenue: $6,188

TO DEVISE PROMOTE AND SPONSOR PERIODIC AND ANNUAL ACTIVITIES AND FESTIVALS IN THE CITY OF SALISBURY TO BRING TOGETHER CITY RESIDENTS, AS WELL AS RESIDENTS OF NEARBY COMMUNITIES, TO ENJOY AND...

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TO DEVISE PROMOTE AND SPONSOR PERIODIC AND ANNUAL ACTIVITIES AND FESTIVALS IN THE CITY OF SALISBURY TO BRING TOGETHER CITY RESIDENTS, AS WELL AS RESIDENTS OF NEARBY COMMUNITIES, TO ENJOY AND EXPERIENCE THE ARTISTIC ACHIEVEMENTS OF TALENTED ARTISANS, RESIDENT MUSICIANS AND ENTERTAINERS.

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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 $133,826
Program Service Revenue $0
Investment Income $83
Other Revenue $0
TOTAL REVENUE $133,909

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,112
Fundraising Expenses $0
Program Expenses $113,780
Other Expenses $78,831
TOTAL EXPENSES $119,943

Year-over-Year Comparison

2023 2022 Change
Revenue $133,909 $199,933 -0.3%
Expenses $119,943 $231,804 -0.5%
Net Income $13,966 $-31,871 -1.4%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
1
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
4
$38,310
Total Directors
11
$38,310
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE HEATER EXECUTIVE DIRECTOR 40.00
Officer Director
$35,510 $2,800 $38,310
MICHAEL DAY CHAIR 4.00
Officer Director
$0 $0 $0
RACHEL TERZICH SECRETARY 2.00
Officer Director
$0 $0 $0
KEVIN TAYLOR TREASURER 2.00
Officer Director
$0 $0 $0
LAURA SOPER DIRECTOR 1.00
Director
$0 $0 $0
SUSAN HOLT DIRECTOR 1.00
Director
$0 $0 $0
MAARTEN PEREBOOM DIRECTOR 1.00
Director
$0 $0 $0
CRAIG WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
DOM SESSA DIRECTOR 1.00
Director
$0 $0 $0
DEMETRIA LEONARD DIRECTOR 1.00
Director
$0 $0 $0
REENA PATEL DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $133,909 $119,943 $77,039 $13,966
2022 $199,933 $231,804 $66,261 $-31,871
2021 $214,517 $211,952 $98,057 $2,565
2020 $165,404 $134,536 $94,492 $30,868
2019 $151,437 $182,953 $460,747 $-31,516
2018 $105,579 $100,963 $289,232 $4,616
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