RALEIGH, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARTSPLOSURE THE RALEIGH ARTS FESTIVAL, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $875K left a modest 14% surplus.
TO IMPROVE THE QUALITY OF LIFE AND CULTURAL ENVIRONMENT THROUGH HIGH QUALITY ANNUAL EVENTS THAT CELEBRATE EXCELLENCE IN THE PERFORMING AND VISUAL ARTS; PROMOTE AND RECOGNIZE LOCAL, REGIONAL, AND NATIONAL ARTISTS; AND BRING ARTISTS AND THE GREATER COMMUNITY TOGETHER.
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 | $1,017,529 | $760,229 | +0.3% |
| Expenses | $875,197 | $922,840 | -0.1% |
| Net Income | $142,332 | $-162,611 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| CHRISTOPHER DUMAIS | IMMEDIATE PAST PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER NUSBAUM | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER CHAMPION | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLYMER CEASE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN-CABELL BAUM | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEDIDIAH GANT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WEBB HART | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH HEDRICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA HILL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KACY HUNT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA MCKAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS MOUTOS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN MURPHY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRITT CARTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL MICHAEL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICK NEPTUNE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARMEN PREVETTE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN RIEK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM ROTHSCHILD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MADELINE CRONE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,017,529 | $875,197 | $318,534 | $142,332 |
| 2024 | $760,229 | $922,840 | $167,543 | $-162,611 |
| 2023 | $859,851 | $917,389 | $338,968 | $-57,538 |
| 2022 | $898,674 | $889,227 | $366,872 | $9,447 |
| 2021 | $443,345 | $456,110 | $505,121 | $-12,765 |
| 2020 | $718,744 | $526,557 | $381,502 | $192,187 |
| 2019 | $722,319 | $721,928 | $189,524 | $391 |
Compare ARTSPLOSURE THE RALEIGH ARTS FESTIVAL with other nonprofits in North Carolina and across the country.