ANNAPOLIS, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARYLAND FEDERATION OF ART INC, founded in 1963, is a small nonprofit that reported $498K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $465K left a modest 7% surplus.
MARYLAND FEDERATION OF ART INC IS A NONPROFIT ARTS ORGANIZATION WHOSE MISSION IS TO CREATE MEANINGFUL CONNECTIONS IN THE COMMUNITY THROUGH ART. ITS PURPOSE IS EXCLUSIVELY EDUCATIONAL AND CHARITABLE.
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 | $497,798 | $360,930 | +0.4% |
| Expenses | $465,296 | $332,646 | +0.4% |
| Net Income | $32,502 | $28,284 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| PATRICE DRAGO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$69,900 | $5,700 | $75,600 |
| KAREN RICKETTS | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG FRIEDRICH | DEVELOPMENT VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| HOPE STEWART | OPERATIONS VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE SAMS | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMIL PETRUNCIO | PR & PROGRAMMING VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG NEWCOMB | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH JANE DUNAWAY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE FAUNTLEROY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JACOB GOLDSMITH | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JOANNE GRAHAM | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| RICH ISAACMAN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ERICA KRIEGER | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| WIL SCOTT | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MARTHA SPENCER | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHELE WARD | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $497,798 | $465,296 | $344,621 | $32,502 |
| 2024 | $360,930 | $332,646 | $320,452 | $28,284 |
| 2023 | $394,037 | $314,578 | $257,274 | $79,459 |
| 2022 | $431,452 | $393,512 | $168,380 | $37,940 |
| 2021 | $452,449 | $383,423 | $255,660 | $69,026 |
| 2020 | $263,070 | $291,808 | $78,968 | $-28,738 |
| 2019 | $256,955 | $236,376 | $56,235 | $20,579 |
| 2018 | $242,492 | $254,992 | $38,755 | $-12,500 |
Compare MARYLAND FEDERATION OF ART INC with other nonprofits in Maryland and across the country.