SITAR ARTS CENTER

EIN: 522113471 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$3,673,192
Total Expenses
$4,009,461
Total Assets
$16,438,574
Net Assets
$10,550,867
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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
1998
Legal Domicile
DC
Principal Officer
MAUREEN L DWYER
Phone
2027972145
Tax Period
2024-07-01 to 2025-06-30

SITAR ARTS CENTER, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.7M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Net assets of $10.6M represent 34 months of operating reserves.

Mission

SEE PART III, LINE 1

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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 $3,356,917
Program Service Revenue $92,834
Investment Income $232,128
Other Revenue $-8,687
TOTAL REVENUE $3,673,192

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,566,179
Fundraising Expenses $322,864
Program Expenses $3,020,790
Other Expenses $1,443,282
TOTAL EXPENSES $4,009,461

Year-over-Year Comparison

2024 2023 Change
Revenue $3,673,192 $5,038,854 -0.3%
Expenses $4,009,461 $3,608,233 +0.1%
Net Income $-336,269 $1,430,621 -1.2%
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
23
Independent Members
23
Employees
125
Volunteers
136

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
5
$174,386
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIO GARCIA DURHAM PRESIDENT 5.00
Officer Director
$0 $0 $0
JADE FLOYD VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DAN FOX TREASURER 5.00
Officer Director
$0 $0 $0
BARBARA HARMAN SECRETARY 5.00
Officer Director
$0 $0 $0
CHIDI BLYDEN BOARD MEMBER 5.00
Director
$0 $0 $0
MICHAEL COVIN BOARD MEMBER 5.00
Director
$0 $0 $0
JESSICA DENSON BOARD MEMBER 5.00
Director
$0 $0 $0
CHARLES DESANTIS BOARD MEMBER 5.00
Director
$0 $0 $0
ALLEN DEVINE BOARD MEMBER 5.00
Director
$0 $0 $0
KEN DOYLE BOARD MEMBER 5.00
Director
$0 $0 $0
KHALED FARHANG BOARD MEMBER 5.00
Director
$0 $0 $0
NICK FOLGER BOARD MEMBER 5.00
Director
$0 $0 $0
LAURA FOTE BOARD MEMBER 5.00
Director
$0 $0 $0
SARA GIBSON BOARD MEMBER 5.00
Director
$0 $0 $0
JILL LESSER BOARD MEMBER 5.00
Director
$0 $0 $0
SUZANNE LAPORTE BOARD MEMBER 5.00
Director
$0 $0 $0
RICHARD LILLEY BOARD MEMBER 5.00
Director
$0 $0 $0
JAYA SAXENA BOARD MEMBER 5.00
Director
$0 $0 $0
MARLA SCHNALL BOARD MEMBER 5.00
Director
$0 $0 $0
TROY PATTERSON BOARD MEMBER 5.00
Director
$0 $0 $0
VIVEK SRIVASTAVA BOARD MEMBER 5.00
Director
$0 $0 $0
CHRISTOPHER WINGERT BOARD MEMBER 5.00
Director
$0 $0 $0
MAUREEN DWYER EXECUTIVE DIRECTOR 50.00
Officer
$149,375 $25,011 $174,386
ESSENCE NEWHOFF CHIEF DEVELOPMENT OFFICER 40.00
Highest
$119,943 $3,582 $123,525
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 $3,673,192 $4,009,461 $16,438,574 $-336,269
2024 $5,038,854 $3,608,233 $13,809,249 $1,430,621
2023 $3,454,863 $3,145,745 $12,402,483 $309,118
2022 $3,951,154 $2,599,791 $12,189,332 $1,351,363
2021 $3,742,303 $2,409,249 $11,396,452 $1,333,054
2020 $4,148,632 $2,506,292 $10,260,464 $1,642,340
2019 $2,300,587 $2,392,404 $8,338,836 $-91,817
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