CARRBORO, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARTS CENTER, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 56% operating deficit.
THE ARTSCENTER EXISTS IN ORDER TO EDUCATE AND INSPIRE ARTISTIC CREATIVITY AND TO ENRICH THE LIVES OF PEOPLE OF ALL AGES.
THE ARTSCENTER'S YOUTH PROGRAM IS PARAMOUNT TO THE MISSION SINCE NEARLY HALF OF THE ARTSCENTER'S PATRONS ARE UNDER AGE 18. FOR OVER FORTY YEARS, ARTSCAMP HAS OFFERED WEEK-LONG SUMMER CAMP SESSIONS...
THE ARTSCENTER'S YOUTH PROGRAM IS PARAMOUNT TO THE MISSION SINCE NEARLY HALF OF THE ARTSCENTER'S PATRONS ARE UNDER AGE 18. FOR OVER FORTY YEARS, ARTSCAMP HAS OFFERED WEEK-LONG SUMMER CAMP SESSIONS FOR GRADES K-9, ALL TAUGHT BY LOCAL PROFESSIONAL TEACHING ARTISTS. OVER THESE NINE SUMMER WEEKS, AREA YOUTH EXPLORE OVER 150 ARTS EDUCATION CLASSES. CAMPS FOCUS ON SKILL DEVELOPMENT AND DISCOVERING CREATIVE VOICES. IN SUMMER 2024, ARTSCAMP AWARDED 29 ONE-WEEK SCHOLARSHIPS AND SERVED 1,287 CHILDREN. SESSIONS INCLUDED THE ARTFUL SCIENTIST AND UNDER THE SEA CERAMICS FOR GRADES K-2, ELECTRONIC MUSIC PRODUCTION AND ARTICULATED POPUP PORTRAITS FOR GRADES 3-5, AND INTRODUCTION TO 3D PRINTING AND CLOTHING DESIGN & CONSTRUCTION FOR GRADES 6-9.YOUTH AFTERSCHOOL PROVIDES ARTS ENRICHMENT AND SOCIAL EMOTIONAL SUPPORT DURING CRITICAL AFTERSCHOOL HOURS FOR CHAPEL HILL-CARRBORO YOUTH GRADES K-5. STUDENTS LEARN A VARIETY OF ARTISTIC STYLES, EXPLORE CULTURAL DIVERSITY, DELVE INTO SOCIAL JUSTICE ISSUES, AND DEVELOP SOCIAL SKILLS BY WORKING IN PEER GROUPS. STUDENTS PARTICIPATE IN NEW ART CLASSES EACH MONTH EXPLORING TECHNIQUES SUCH AS MIXED MEDIA, PRINTING & DYING, AND ART LESSONS INSPIRED BY THE MASTERS. IN 2024, NINETY-NINE STUDENTS ATTENDED AFTERSCHOOL FOR EITHER A FULL FIVE-DAY WEEK OR A THREE-DAY WEEK. YOUTH AFTERSCHOOL OFFERS AT LEAST 9 FULL-TIME SCHOLARSHIPS EACH YEAR.
ARTSCHOOL SERVES AS THE LARGEST RESOURCE IN ORANGE COUNTY FOR LEARNERS OF ALL AGES TO EXPLORE THEIR ARTISTIC CAPACITY AND CREATIVITY. SESSIONS ARE OFFERED QUARTERLY THROUGHOUT THE YEAR AT VARIOUS...
ARTSCHOOL SERVES AS THE LARGEST RESOURCE IN ORANGE COUNTY FOR LEARNERS OF ALL AGES TO EXPLORE THEIR ARTISTIC CAPACITY AND CREATIVITY. SESSIONS ARE OFFERED QUARTERLY THROUGHOUT THE YEAR AT VARIOUS SKILL LEVELS IN AREAS SUCH AS PAINTING, DIGITAL ARTS, WRITING, CERAMICS, IMPROV, FIBER ARTS, DANCE, 3D PRINTING, LASER CUTTING, PHOTOGRAPHY AND MORE. THROUGH THIS PROGRAM, LOCAL PROFESSIONAL TEACHING ARTISTS ENCOURAGE EMERGING ARTISTS AND INCREASE COMMUNITY APPRECIATION OF THE ARTS. IN 2024, ARTSCHOOL OFFERED 321 CLASSES SERVING RESIDENTS OF THE GREATER TRIANGLE AREA INCLUDING DURHAM, HILLSBOROUGH, PITTSBORO, APEX, MEBANE, AND RALEIGH. PROGRAM PARTICIPANTS LEARN NEW SKILLS WHILE ALSO DEVELOPING FULLER AND MORE EMPATHETIC PERSPECTIVES ON OTHER CULTURES AND VIEWPOINTS. THESE EXPERIENCES CREATE A SENSE OF COMMUNITY THAT IS HEALTHY, VIBRANT AND EQUITABLE.
THE PERFORMANCES PROGRAM AIMS TO CREATE AN INSPIRING THEATER EXPERIENCE TO BOTH ARTISTS AND PATRONS. PERFORMANCES AND EVENTS ARE CURATED TO FOCUS ON LOCAL TALENT WHO BRING MUSIC, IMPROV, PUPPETRY...
THE PERFORMANCES PROGRAM AIMS TO CREATE AN INSPIRING THEATER EXPERIENCE TO BOTH ARTISTS AND PATRONS. PERFORMANCES AND EVENTS ARE CURATED TO FOCUS ON LOCAL TALENT WHO BRING MUSIC, IMPROV, PUPPETRY, THEATER AND DANCE TO THE ARTSCENTER'S STAGE. 2024 WAS THE FIRST FULL YEAR FOR PERFORMANCES IN THE ARTSCENTER'S NEW HOME; THE NEW SPACE OFFERS FLEXIBLE SEATING AND UPDATED TECHNICAL EQUIPMENT. THE PERFORMANCE SPACE IS ALSO RENTED TO OUTSIDE ORGANIZATIONS SUCH AS DEPARTMENTS AT UNC-CH AND OTHER NONPROFIT PARTNERS. INDIVIDUALS MAY RENT THE SPACE FOR PRIVATE EVENTS SUCH AS PARTIES, WEDDINGS, AND END-OF-LIFE CELEBRATIONS.
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 | $1,348,984 | $2,615,380 | -0.5% |
| Expenses | $2,103,130 | $2,251,068 | -0.1% |
| Net Income | $-754,146 | $364,312 | -3.1% |
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 |
|---|---|---|---|---|---|---|
| JACKIE TANNER | VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BECKY WOODRUFF | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| HATHAWAY PENDERGRASS | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN MEDEARIS | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE BOLAS | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| RIZA JENKINS | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| EMILY EVENS | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAMAL JAMES | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| HELEN KALISHER | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| REBECCA MOORE | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JOHANNA FOSTER | BOARD CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK KLEINSCHMIDT | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| BERNADETTE PELISSIER | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| WENDY SMITH | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$99,797 | $2,994 | $102,791 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,348,984 | $2,103,130 | $8,359,794 | $-754,146 |
| 2023 | $2,615,380 | $2,251,068 | $9,803,962 | $364,312 |
| 2022 | $1,703,960 | $1,472,287 | $8,701,912 | $231,673 |
| 2021 | $2,004,986 | $950,771 | $5,087,737 | $1,054,215 |
| 2020 | $1,104,971 | $842,700 | $3,734,492 | $262,271 |
| 2019 | $3,434,143 | $1,491,795 | $3,405,011 | $1,942,348 |
| 2019 | $3,434,143 | $1,491,795 | $3,405,011 | $1,942,348 |
| 2018 | $1,682,227 | $1,502,764 | $920,117 | $179,463 |
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