GAITHERSBURG, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ARTS FOR THE AGING INC, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $743K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $717K left a modest 4% surplus.
ARTS FOR THE AGING IS A HUMAN SERVICE ORGANIZATION BASED IN GREATER D.C. THAT ENGAGES REGULAR ARTS PARTICIPATION TO IMPROVE PHYSICAL, COGNITIVE, AND EMOTIONAL HEALTH. WE CONNECT OLDER ADULTS AND CAREGIVERS WITH ARTS EXPERIENCES TO INCREASE SOCIALIZATION AND PREVENT LONELINESS. WE CONTRACT PROFESSIONAL ARTISTS AND EQUIP THEM WITH CURRICULUMS, TRAININGS, AND SKILLS TO IGNITE SELF-EXPRESSION AND SOCIAL CONNECTION VITAL TO HEALTHY AGING AND CAREGIVING. WE DELIVER PARTICIPATORY, MULTIDISCIPLINARY ARTS WORKSHOPS DIRECTLY TO COMMUNITY AND RESIDENTIAL CARE SETTINGS THAT FACE ISOLATION AND TREAT DIVERSE HEALTH CONDITIONS. WE PARTNER TO CO-CREATE PROGRAMS WITH CULTURAL AND EDUCATIONAL INSTITUTIONS, AND OTHER ORGANIZATIONS AT THE INTERSECTION OF ARTS AND HEALTH. WE FLIP THE SCRIPT ON AGING BY FOCUSING ON AGENCY AND IMAGINATION-WHAT WE STILL CAN DO AS WE GROW OLDER AND GIVE CARE TO LOVED ONES. THROUGH DANCE, MUSIC, STORYTELLING, POETRY, AND VISUAL ART, WE HELP PEOPLE CONNECT, CREATE, AND FEEL A SE
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $743,448 | $596,431 | +0.2% |
| Expenses | $716,731 | $749,626 | 0.0% |
| Net Income | $26,717 | $-153,195 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JANINE TURSINI | DIRECTOR AND | 40.00 |
Officer
Director
|
$107,424 | $18,750 | $126,174 |
| DONALD T BLISS ESQ | EMERITUS | 1.00 |
Director
|
$0 | $0 | $0 |
| GABRIELA COMAN ESQ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE BAKER | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN WILSON ESQ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE MATTER ESQ | GENERAL COUN | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD WRIGHT | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT SPAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELANIE JARRATT WOLFE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH RILEY | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CATHERINE BELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA EMIDY-CONSOLDANE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDITH BAUER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANE REPAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $743,448 | $716,731 | $945,856 | $26,717 |
| 2023 | $596,431 | $749,626 | $916,675 | $-153,195 |
| 2022 | $552,969 | $588,341 | $1,026,606 | $-35,372 |
| 2021 | $600,744 | $626,628 | $1,158,592 | $-25,884 |
| 2020 | $525,334 | $454,157 | $1,060,366 | $71,177 |
| 2019 | $437,130 | $542,211 | $746,224 | $-105,081 |
| 2018 | $474,903 | $502,350 | $754,339 | $-27,447 |
Compare ARTS FOR THE AGING INC with other nonprofits in Maryland and across the country.