CHESAPEAKE ARTS 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

1997

Legal Domicile

Principal Officer

DONNA ANDERSON

Phone

4106366597

Tax Period

2022-07-01 to 2023-06-30

CHESAPEAKE ARTS CENTER INC, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2022. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 6% surplus.

Mission

CHESAPEAKE ARTS CENTER WILL USE THE ARTS TO EXCITE, EDUCATE, ENGAGE, INSPIRE, AND GROW THIS COMMUNITYS PEOPLE CONTINUED ON SCHEDULE O.

Program Service Accomplishments

Program 1

Expenses: $1,188,098

THEATER REVENUES GENERATED BY RENTING THE THEATER OUT TO LOCAL ARTISTS FOR SHOWS, PERFORMANCES, AND RECITALS, AS WELL AS A REVENUE SHARING COMPONENT WHERE THE CENTER ALLOWS CERTAIN ESTABLISHED GROUPS TO PUT ON PERFORMANCES IN EXCHANGE FOR A SHARE OF THE TICKET SALES. THE CENTER PUTS ON PERFORMANCES FOR THE COMMUNITY WITH A NUMBER OF RECOGNIZED ARTISTS THROUGHOUT THE AREA, WHERE THE CENTER PUTS UP A FEE FOR THE PERFORMANCE, SUBSIDIZING THE COSTS. CLASSES - DANCE, MUSIC, WOODWORKING, DRAWING, AND OTHER CLASSES WORKING IN THE ARTS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $790,040

Program Service Revenue $585,764

Investment Income $14,692

Other Revenue $10,521

TOTAL REVENUE $1,401,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $728,895

Fundraising Expenses $25,709

Program Expenses $1,188,098

Other Expenses $584,356

TOTAL EXPENSES $1,313,251

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,401,017	$1,172,225	+0.2%
Expenses	$1,313,251	$1,144,679	+0.1%
Net Income	$87,766	$27,546	+2.2%

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

$112,521

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA ANDERSON	EXECUTIVE DIRECTOR	040.00	Officer	$112,521	$0	$112,521
ROSA CRUZ	PRESIDENT	001.00	Officer Director	$0	$0	$0
RYAN SBORAY	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
NICHOLAS DEMYAN	TREASURER	001.00	Officer Director	$0	$0	$0
SHAWN ASHWORTH	SECRETARY	001.00	Director	$0	$0	$0
JUDGE LYNNE BATTAGLIA	DIRECTOR	001.00	Director	$0	$0	$0
JULI BLANTON	DIRECTOR	001.00	Director	$0	$0	$0
REBECCA DOOLEY	DIRECTOR	001.00	Director	$0	$0	$0
RAMOCILLE SOLENZA JOHNSON	DIRECTOR	001.00	Director	$0	$0	$0
ROBIN SOKOLOSKI	DIRECTOR	001.00	Director	$0	$0	$0
TOM TUCHSCHMIDT	DIRECTOR	001.00	Director	$0	$0	$0
LOU ZAGARINO	DIRECTOR	001.00	Director	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,401,017	$1,313,251	$3,865,676	$87,766
2022	$1,172,225	$1,144,679	$3,950,593	$27,546
2021	$862,081	$854,614	$4,177,169	$7,467
2020	$1,106,334	$964,051	$4,375,588	$142,283
2019	$1,204,535	$1,001,259	$4,434,177	$203,276
2018	$1,033,364	$776,457	$4,324,055	$256,907