GASTONIA, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GASTON SCHOOL OF THE ARTS, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $311K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $52K, a strong 17% operating margin.
TO PROVIDE QUALITY, AFFORDABLE ARTS INSTRUCTION IN MUSIC, ART AND DRAMA FOR CHILDREN AND ADULTS IN GASTON COUNTY, NORTH CAROLINA AND THE SURROUNDING AREA.
GROUP INSTRUCTIONS ARE GIVEN IN MUSIC AND ART. INDIVIDUAL INSTRUCTIONS ARE GIVEN IN MUSICAL INSTRUMENTS AND VOCALS. PRODUCTION OF TWO CHILDREN'S THEATRE SHOWS ANNUALLY. APPROXIMATELY 1,000 PEOPLE...
GROUP INSTRUCTIONS ARE GIVEN IN MUSIC AND ART. INDIVIDUAL INSTRUCTIONS ARE GIVEN IN MUSICAL INSTRUMENTS AND VOCALS. PRODUCTION OF TWO CHILDREN'S THEATRE SHOWS ANNUALLY. APPROXIMATELY 1,000 PEOPLE BENEFITED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $311,220 | $266,327 | +0.2% |
| Expenses | $259,425 | $263,969 | 0.0% |
| Net Income | $51,795 | $2,358 | +21.0% |
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 |
|---|---|---|---|---|---|---|
| CHARLES PEARSON | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH LEE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA ADKINS | EXECUTIVE DI | 25.00 |
Officer
|
$36,302 | $0 | $36,302 |
| ANCA MAGA | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| DANETTE BANKS | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOCELYN THOMPSON | FACULTY REPR | 2.00 |
Officer
|
$12,432 | $0 | $12,432 |
| SUKI ZHANG | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MICHELLE TERBLANCHE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHIRLENE HOKE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $311,220 | $259,425 | $1,155,669 | $51,795 |
| 2023 | $266,327 | $263,969 | $1,101,839 | $2,358 |
| 2022 | $216,341 | $239,433 | $1,101,816 | $-23,092 |
| 2021 | $231,136 | $171,376 | $1,126,965 | $59,760 |
| 2020 | $228,787 | $270,549 | $1,038,738 | $-41,762 |
| 2019 | $272,171 | $258,657 | $1,042,456 | $13,514 |
Compare GASTON SCHOOL OF THE ARTS with other nonprofits in North Carolina and across the country.