CATHEDRAL ARTS PROJECT INC

🔒

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

2000

Legal Domicile

Principal Officer

KIMBERLY HYATT

Phone

9042815599

Tax Period

2024-07-01 to 2025-06-30

CATHEDRAL ARTS PROJECT INC, founded in 2000, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE CATHEDRAL ARTS PROJECT'S MISSION IS TO EMPOWER EVERY CHILD'S CREATIVE SPIRIT, ELEVATE ARTS EDUCATORS IN THEIR FIELD AND ADVOCATE FOR ACCESS IN ARTS EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $3,494,820 Revenue: $144,384

THE CATHEDRAL ARTS PROJECT (CAP) IS A NATIONALLY RECOGNIZED NONPROFIT PROVIDER OF QUALITY VISUAL AND PERFORMING ARTS INSTRUCTION FOR CHILDREN AND YOUNG ADULTS IN NORTHEAST FLORIDA. OUR MISSION IS TO EMPOWER EVERY CHILD'S CREATIVE SPIRIT, ELEVATE ARTS EDUCATORS IN THEIR FIELD AND ADVOCATE FOR ACCESS IN ART EDUCATION. OUR VISION IS BOLD: TO MAKE NORTHEAST FLORIDA A NATIONAL EXAMPLE IN PROVIDING ACCESSIBLE AND ESSENTIAL ARTS EDUCATION THAT CELEBRATES EACH CHILD'S UNIQUE TALENTS AND STRENGTHS. FOR TOO MANY CHILDREN IN OUR COMMUNITY, THE ARTS REMAIN OUT OF REACH. EVEN WHEN ARTS PROGRAMS ARE AVAILABLE, THEY'RE FREQUENTLY LIMITED IN SCOPE AND ACCESSIBILITY, PREVENTING YOUNG PEOPLE FROM FULLY ENGAGING IN THE ARTS AND REALIZING THEIR POTENTIAL.CAP FILLS THIS NEED. WE EXPANDED OUR ENROLLMENTS FROM 3,673 IN THE 2023-24 SCHOOL YEAR TO 4,328 IN 2024-2025. IN 2024-2025, CAP CONDUCTED PROGRAMS IN OVER 55 SITES IN DUVAL, CLAY, NASSAU AND ST. JOHN'S COUNTIES, PROVIDING A RANGE OF ARTS PROGRAMS TAILORED TO THE NEEDS OF A WIDE RANGE OF STUDENT POPULATIONS. THESE INCLUDE MUSIC THERAPY FOR STUDENTS WITH DISABILITIES, ARTS PROGRAMMING FOR YOUTH IN CRISIS CARE, SENSORY ARTS FOR EXCEPTIONAL EDUCATION STUDENTS, AND CREATIVE ARTS COUNSELING THAT ADDRESSES INDIVIDUAL SUPPORT NEEDS AND OTHER CHALLENGES. CAP STUDENTS' ACHIEVEMENTS SPEAK TO THE IMPACT OF THESE PROGRAMS: OUR YOUNG MUSICIANS HAVE WON AWARDS AT THE CRESCENDO INTERNATIONAL MUSIC COMPETITION AND PERFORMED AT VENUES LIKE CARNEGIE HALL AND HARVARD UNIVERSITY, SHOWCASING THE LEVEL OF ARTS EDUCATION THEY RECEIVE.

🔒

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 $3,858,018

Program Service Revenue $144,384

Investment Income $64,344

Other Revenue $-2,519

TOTAL REVENUE $4,064,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,810,189

Fundraising Expenses $372,527

Program Expenses $3,494,820

Other Expenses $1,371,610

TOTAL EXPENSES $4,181,799

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,064,227	$3,512,868	+0.2%
Expenses	$4,181,799	$3,339,796	+0.3%
Net Income	$-117,572	$173,072	-1.7%

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

182

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

$205,698

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN PICKERT	DIRECTOR	2.00	Director	$0	$0	$0
ALICE RIGDON	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
ANGELA MACK	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY AUSTIN	DIRECTOR	2.00	Director	$0	$0	$0
AUNDRA WALLACE	DIRECTOR	2.00	Director	$0	$0	$0
BEVERLY FLANAGAN	DIRECTOR	2.00	Director	$0	$0	$0
CAMALA STRINGER	DIRECTOR	2.00	Director	$0	$0	$0
CAROL J FOLEY	DIRECTOR	2.00	Director	$0	$0	$0
CHARLIE MARGIOTTA	DIRECTOR	2.00	Director	$0	$0	$0
CHERISA MURPHY	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER BERNIER	DIRECTOR	2.00	Director	$0	$0	$0
CINDA SHERMAN	DIRECTOR	2.00	Director	$0	$0	$0
COLLEEN HALEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIELLE WHITLEY	DIRECTOR	2.00	Director	$0	$0	$0
DARNELL SMITH	DIRECTOR	2.00	Director	$0	$0	$0
DERRICK BRYANT	DIRECTOR	2.00	Director	$0	$0	$0
FRANCES JABBOUR	DIRECTOR	2.00	Director	$0	$0	$0
HEATHER SCHATZ	CO-CHAIR, PROGRAM COMMITTE	2.00	Officer Director	$0	$0	$0
JANE LESTER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN BASS	VESTRY LIASON	2.00	Director	$0	$0	$0
KATE MOOREHEAD CARROLL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KEVIN HYDE	DIRECTOR	2.00	Director	$0	$0	$0
LARRY WILSON	DIRECTOR	2.00	Director	$0	$0	$0
LEIGH FOGLE	DIRECTOR	2.00	Director	$0	$0	$0
LOUIS WEIMER	DIRECTOR	2.00	Director	$0	$0	$0
MARC MAYO	DIRECTOR	2.00	Director	$0	$0	$0
MARK LABORDE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
MARTY KERN	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL BLAYLOCK	DIRECTOR	2.00	Director	$0	$0	$0
NADER FARHAT	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
RACHEL BECHTEL	CO-CHAIR, PROGRAM COMMITTE	2.00	Officer Director	$0	$0	$0
RANDY DEFOOR	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MANNERS	CHAIR, BOARD DEVELOPMENT C	2.00	Officer Director	$0	$0	$0
ROBYN KREIMBORG	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT BAITY	SECRETARY	2.00	Officer Director	$0	$0	$0
SHARON LASURE-ROY	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY SNYDER DMA	DIRECTOR	2.00	Director	$0	$0	$0
WENDY NORFLEET PHD	ASSISTANT SECRETARY	2.00	Officer Director	$0	$0	$0
WILLIAM WARDEN	TREASURER	2.00	Officer Director	$0	$0	$0
KIMBERLY HYATT	PRESIDENT & CEO	60.00	Officer	$130,698	$75,000	$205,698
DOUG WALKER	VP OF PHILANTHROPY	40.00	Highest	$132,953	$7,275	$140,228
LUCY CHEN	VP OF ADVOCACY & COMMUNITY	40.00	Highest	$105,509	$4,150	$109,659
LYNDLE LINDOW	VP OF ADMINISTRATION AND F	40.00	Highest	$112,512	$0	$112,512
MELANIE HAMMER	VP OF OF STRATEGY AND OPER	40.00	Highest	$103,675	$0	$103,675

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
2025	$4,064,227	$4,181,799	$7,556,199	$-117,572
2024	$3,512,868	$3,339,796	$7,702,265	$173,072
2023	$2,799,751	$2,734,274	$6,244,728	$65,477
2022	$6,094,723	$2,328,050	$5,636,617	$3,766,673
2021	$2,791,561	$2,060,695	$1,694,527	$730,866
2020	$2,262,137	$2,138,098	$1,193,688	$124,039
2019	$1,646,577	$1,929,154	$757,590	$-282,577