SALINA ART CENTER INC

🔒

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

1978

Legal Domicile

Principal Officer

DEBBIE ADAMS

Phone

7858271431

Tax Period

2024-07-01 to 2025-06-30

SALINA ART CENTER INC, founded in 1978, is a small nonprofit in the Arts, Culture & Humanities sector that reported $501K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $769K exceeded revenue, resulting in a 54% operating deficit.

Mission

COMMITTED TO ART, ARTISTS, AND AUDIENCES IN SALINA, KANSAS AND ACROSS THE REGION BY PROVIDING INNOVATIVE EXHIBITIONS, PROGRAMS, AND AN INTERACTIVE AREA FOR CHILDREN OF ALL AGES.

Program Service Accomplishments

Program 1

Expenses: $137,892

EDUCATION: THE CENTERS EDUCATION PROGRAMS ARE DESIGNED TO PROVIDE LEARNERS OF EVERY AGE THE OPPORTUNITY TO CONSTRUCT MEANING FROM ACTIVE ENCOUNTERS WITH VISUAL ART.

Program 2

Expenses: $213,101

EXHIBITION: THE CENTER PROVIDES INNOVATIVE EXHIBITIONS PRESENTING VISUAL ARTS EXPERIENCES RANGING FROM IMPORTANT AND GROUNDBREAKING INTERNATIONAL EXHIBITIONS AND PRESTIGIOUS NATIONAL SHOWS TO...

EXHIBITION: THE CENTER PROVIDES INNOVATIVE EXHIBITIONS PRESENTING VISUAL ARTS EXPERIENCES RANGING FROM IMPORTANT AND GROUNDBREAKING INTERNATIONAL EXHIBITIONS AND PRESTIGIOUS NATIONAL SHOWS TO EXHIBITIONS FEATURING LOCAL AND REGIONAL ARTISTS.

Program 3

Expenses: $117,370 Revenue: $12,777

CINEMA AND OTHER PROGRAMS: THE CENTERS CINEMA PRESENTS FILM AS A VISUAL ART FORM. A WIDE RANGE OF COMEDY, DRAMA, AND DOCUMENTARY FILMS ARE SHOWN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $377,284

Program Service Revenue $12,777

Investment Income $108,317

Other Revenue $2,400

TOTAL REVENUE $500,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $320,546

Fundraising Expenses $98,191

Program Expenses $468,363

Other Expenses $448,423

TOTAL EXPENSES $768,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,778	$694,347	-0.3%
Expenses	$768,969	$666,317	+0.2%
Net Income	$-268,191	$28,030	-10.6%

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

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

$93,767

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE ADAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
BOBBY SEXTON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BRIGID HALL	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
CHRISTI NUDING	SECRETARY	2.00	Officer Director	$0	$0	$0
HILLARY RICHARDS	TREASURER	2.00	Officer Director	$0	$0	$0
VAUGH KRESIN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC VANNOY	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN WEDEL	DIRECTOR	1.00	Director	$0	$0	$0
ERYN WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN MARRS	DIRECTOR	1.00	Director	$0	$0	$0
MISTY SERENE	EXECUTIVE DI	40.00	Officer	$83,992	$9,775	$93,767

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	$500,778	$768,969	$3,039,265	$-268,191
2024	$694,347	$666,317	$3,290,230	$28,030
2023	$712,768	$671,831	$2,712,696	$40,937
2022	$997,863	$698,112	$2,673,183	$299,751
2021	$909,595	$569,847	$2,431,431	$339,748
2020	$402,552	$504,483	$2,104,020	$-101,931
2019	$361,942	$638,827	$2,136,519	$-276,885
2018	$502,019	$664,338	$2,340,043	$-162,319