FIRST CITY ARTS ALLIANCE INC (EIN 592787230) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

BART HUDSON

Phone

8504291222

Tax Period

2024-01-01 to 2024-12-31

FIRST CITY ARTS ALLIANCE INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $978K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

PROMOTE & SUPPORT LOCAL ARTISTS & PROVIDE THE THE COMMUNITY WITH WORKSHOPS& EVENTS TO TEACH & PROMOTE VARIOUS TYPES OF ART-PRODUCING TECHNIQUES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $130,392

Program Service Revenue $601,459

Investment Income $0

Other Revenue $246,038

TOTAL REVENUE $977,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,147

Fundraising Expenses $129,775

Program Expenses $628,940

Other Expenses $679,757

TOTAL EXPENSES $1,063,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$977,889	$853,877	+0.1%
Expenses	$1,063,904	$974,154	+0.1%
Net Income	$-86,015	$-120,277	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

Total Directors

Key Employees

$78,512

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CONRAD	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ALEX POTTINGER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT SATTERWHITE	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVE DAVIDSON	TREASURER	2.00	Officer Director	$0	$0	$0
MARK HOPKINS	MEMBER AT LARGE	2.00	Officer Director	$0	$0	$0
RANDI BERT	DIRECTOR	1.00	Director	$0	$0	$0
LAURA ERICSON	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE HALSALL	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN HOLSTMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
LARRY HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
PATTY MANHIRE	DIRECTOR	1.00	Director	$0	$0	$0
BONNIE TINGLEY	DIRECTOR	1.00	Director	$0	$0	$0
JANIE SWITZER	DIRECTOR	1.00	Director	$0	$0	$0
KAT VENETTOZZI	DIRECTOR	1.00	Director	$0	$0	$0
SHEENA WATTS-LANE	DIRECTOR	1.00	Director	$0	$0	$0
BART HUDSON	EXECUTIVE DIRECTOR	40.00	Key Emp	$78,512	$0	$78,512

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
2024	$977,889	$1,063,904	$534,977	$-86,015
2023	$853,877	$974,154	$647,478	$-120,277
2022	$900,670	$736,088	$775,343	$164,582
2021	$816,384	$661,020	$628,557	$155,364
2020	$618,657	$555,039	$546,762	$63,618
2019	$600,489	$631,256	$275,314	$-30,767

FIRST CITY ARTS ALLIANCE INC