ALLIES IN ARTS

EIN: 475376594 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$601,332
Total Expenses
$641,500
Total Assets
$636,210
Net Assets
$624,573
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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
2016
Legal Domicile
CA
Principal Officer
DREW DENNY
Phone
3102708342
Tax Period
2023-01-01 to 2023-12-31

ALLIES IN ARTS, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $601K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO SUPPORT ARTISTS WHO ARE WOMEN, BIPOC, AND LGBTQQIA2S - ALL OF WHOM ARE UNDERREPRESENTED INDIVIDUALS IN CREATIVE INDUSTRIES.

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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 $598,500
Program Service Revenue $0
Investment Income $2,832
Other Revenue $0
TOTAL REVENUE $601,332

Expense Breakdown

Grants Paid $104,385
Salaries & Benefits $354,522
Fundraising Expenses $5,828
Program Expenses $595,573
Other Expenses $182,593
TOTAL EXPENSES $641,500

Year-over-Year Comparison

2023 2022 Change
Revenue $601,332 $950,569 -0.4%
Expenses $641,500 $504,111 +0.3%
Net Income $-40,168 $446,458 -1.1%
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
9
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
3
$144,391
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DREW DENNY PRESIDENT 30.00
Officer
$75,417 $0 $75,417
KYLE LASKY KUTTEN SECRETARY 10.00
Officer
$68,974 $0 $68,974
ADEN HAKIMI TREASURER 3.00
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 $601,332 $641,500 $636,210 $-40,168
2022 $950,569 $504,111 $666,021 $446,458
2021 $305,817 $143,554 $218,283 $162,263
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