ARKANSAS CITY AREA ART COUNCIL INC (EIN 480845796) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Phone

6204425895

Tax Period

2023-07-01 to 2024-06-30

ARKANSAS CITY AREA ART COUNCIL INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $450K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $432K left a modest 4% surplus.

Mission

PROMOTION OF THE ARTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $338,102

Program Service Revenue $62,483

Investment Income $0

Other Revenue $49,085

TOTAL REVENUE $449,670

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,971

Fundraising Expenses $10,695

Program Expenses $210,113

Other Expenses $402,630

TOTAL EXPENSES $431,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$449,670	$379,103	+0.2%
Expenses	$431,601	$475,026	-0.1%
Net Income	$18,069	$-95,923	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LIZ SHEPARD	President	Officer Director	$0	$0	$0
SARAH LONG	Vice President	Officer Director	$0	$0	$0
CAROL HERNE	Secretary	Officer Director	$0	$0	$0
CATHY MORA	Treasurer	Officer Director	$0	$0	$0
JAY WARREN	Director	Director	$0	$0	$0
LORRETTA MAYER	Director	Director	$0	$0	$0
JULIE FRAZER	Director	Director	$0	$0	$0
SHANA ADKISSON	Director	Director	$0	$0	$0
BLANCHE SCHMIDT	Director	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	No data	No data	No data	No data
2024	$449,670	$431,601	$5,761,040	$18,069
2023	$379,103	$475,026	$5,942,785	$-95,923
2022	$502,970	$481,172	$6,044,215	$21,798
2021	$747,577	$475,675	$6,140,028	$271,902
2020	$333,979	$463,356	$6,352,394	$-129,377

ARKANSAS CITY AREA ART COUNCIL INC