SUFFOLK, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SUFFOLK CENTER FOR CULTURAL ARTS FOUNDATION, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2017. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 52% operating deficit.
THE MISSION OF THE SUFFOLK CENTER FOR CULTURAL ARTS IS TO "CULTIVATE, PROMOTE, AND PROVIDE ACCESS TO THE CREATIVE ARTS FOR ALL RESIDENTS AND VISITORS THROUGH PROGRAMS, EDUCATION, AND OUTREACH.". WE VALUE THE NEED FOR ARTISTIC EXPRESSION AND BELIEVE EXPOSURE TO DIVERSE ARTISTIC EXPRESSIONS IS AN ESSENTIAL ELEMENT OF ANY MODERN THRIVING CITY. WE ALSO VALUE LIFE-LONG LEARNING AND BELIEVE THAT ALL PEOPLE, THROUGHOUT THEIR LIFESPAN, DESERVE ACCESS TO THE CREATIVE, EDUCATIONAL, AND DEVELOPMENTAL OPPORTUNITIES WE CONDUCT THROUGH THE ARTS. FINALLY, WE VALUE COLLABORATION, INCLUSION, AND SUSTAINABILITY, ALL OF WHICH ARE INTERDEPENDENT AND ESSENTIAL TO THE GROWTH OF THE SUFFOLK CENTER, AS WELL AS TO THE QUALITY OF LIFE IN THE SUFFOLK COMMUNITY.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,711,255 | $1,336,129 | +0.3% |
| Expenses | $2,131,117 | $1,979,390 | +0.1% |
| Net Income | $-419,862 | $-643,261 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| JOLEEN E NEIGHBOURS PHD | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHANDLER CUTRIGHT | VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLYNDA F WILLIAMS | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARY BARLOW | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNY GALDERISI | ASSISTANT TR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES E OLIVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY DANIEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GAIL HINTON-COPELAND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS PRICE BARRETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRY YATES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS GUIRKIN MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM HABEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFERY SENECA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRED TAYLOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS YANNUZZI | EXECUTIVE DI | 40.00 |
Director
|
$102,942 | $0 | $102,942 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,711,255 | $2,131,117 | $17,942,237 | $-419,862 |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,137,433 | $1,997,486 | $18,734,106 | $139,947 |
| 2022 | $3,812,474 | $2,023,266 | $18,737,592 | $1,789,208 |
| 2021 | $1,876,789 | $1,693,477 | $16,976,970 | $183,312 |
| 2020 | $1,632,949 | $1,697,582 | $16,781,858 | $-64,633 |
| 2019 | $1,135,422 | $1,640,045 | $16,816,581 | $-504,623 |
| 2018 | $1,076,998 | $1,640,029 | $17,357,252 | $-563,031 |
Compare SUFFOLK CENTER FOR CULTURAL ARTS FOUNDATION with other nonprofits in Virginia and across the country.