The Art Seminar Group

EIN: 521608141 501(c)(3)

Baltimore, MD

Total Revenue
$107,868
Total Expenses
$141,359
Total Assets
$406,028
Net Assets
$321,861
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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
1988
Legal Domicile
MD
Principal Officer
Sallye Perrin
Phone
4108791947
Tax Period
2024-01-01 to 2024-12-31

The Art Seminar Group, founded in 1988, is a small nonprofit that reported $108K in total revenue in fiscal year 2024. Expenses of $141K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE MISSION OF THE ART SEMINAR GROUP IS TO FOSTER AND ENCOURAGE THE STUDY AND APPRECIATION OF THE FINE ARTS THROUGH A PROGRAM OF LECTURES, SEMINARS, AND VISITS TO ART MUSEUMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $76,773
Program Service Revenue $17,311
Investment Income $13,784
Other Revenue $0
TOTAL REVENUE $107,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $113,373
Other Expenses $141,359
TOTAL EXPENSES $141,359

Year-over-Year Comparison

2024 2023 Change
Revenue $107,868 $105,159 +0.0%
Expenses $141,359 $108,871 +0.3%
Net Income $-33,491 $-3,712 +8.0%
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
N/A
Volunteers
34

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Wright Secretary 4.00
Officer
$0 $0 $0
Sherry Christhilf Chairman 8.00
Officer
$0 $0 $0
Sallye Perrin Treasurer 10.00
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 $107,868 $141,359 $406,028 $-33,491
2023 $105,159 $108,871 $413,602 $-3,712
2022 $97,287 $126,180 $426,275 $-28,893
2021 $99,795 $98,794 $465,149 $1,001
2020 $122,500 $101,699 $467,562 $20,801
2019 $218,361 $180,963 $486,049 $37,398
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