Asheville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Arts For Life, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $511K in total revenue in fiscal year 2024.
Arts For Life is a nonprofit organization dedicated to supporting pediatric patients and families through arts education and engagement. By providing educational arts programs we enrich patients lives, nurture their minds and spirits, and encourage positive healthcare experiences for children and their families.
In 2024, Arts For Life staff and volunteers brought 17,316 visual art, music, and creative writing experiences to 13,199 pediatric patients, their siblings, and family members in three childrens...
In 2024, Arts For Life staff and volunteers brought 17,316 visual art, music, and creative writing experiences to 13,199 pediatric patients, their siblings, and family members in three childrens hospitals and communities across North Carolina. Arts For Lifes offerings include in-person art and music programs as well as remote/asynchronous creative opportunities.
Within our partner hospitals, Arts For Life provides individual inpatient bedside studios, drop-in and group sessions at clinic waiting room art tables, creative projects at patient- and...
Within our partner hospitals, Arts For Life provides individual inpatient bedside studios, drop-in and group sessions at clinic waiting room art tables, creative projects at patient- and family-centered special events as well as facilitating artmaking with support groups. Additionally, Arts For Lifes Heartbeat Sessions invite pediatric patients to choose or write a song to be set to the rhythm of their heartbeat, which is recorded with a digital stethoscope and then performed through a partnership with local professional musicians.
When families are not getting treated in one of our partner hospitals, are at home, or are unable to have visitors, Arts For Life offers asynchronous creative programs to keep patients active and...
When families are not getting treated in one of our partner hospitals, are at home, or are unable to have visitors, Arts For Life offers asynchronous creative programs to keep patients active and engaged in the arts. Online, patients have 24/7 access to Arts For Life Anywhere, our online hub of project resources. Our Artivity art kits are all-inclusive and self-contained projects created and developed especially for our hospital communities.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $510,660 | $519,667 | 0.0% |
| Expenses | $505,151 | $476,669 | +0.1% |
| Net Income | $5,509 | $42,998 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| Katharine Phlegar | Executive Director | 40.00 |
Officer
|
$54,414 | $7,027 | $61,441 |
| Tim Doby | Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charissa McCullers | Vice-Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Frederick Porter | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sarah Cooke | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Edith Alexander | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Sharon Davis | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Sylvia Hicks | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Moore PhD | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ginna Priola MD | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Scott Rempe | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Doris Rouse PhD | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Allison Sharpe | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Morgan Mathieu Tran | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Amanda Hollingsworth Wise | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $510,660 | $505,151 | $718,708 | $5,509 |
| 2023 | $519,667 | $476,669 | $706,373 | $42,998 |
| 2022 | $579,908 | $465,622 | $671,643 | $114,286 |
| 2021 | $771,336 | $461,978 | $554,229 | $309,358 |
| 2020 | $601,910 | $684,442 | $345,211 | $-82,532 |
| 2019 | $758,458 | $665,859 | $334,994 | $92,599 |
| 2018 | $625,616 | $647,606 | $239,030 | $-21,990 |
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