OUR FINE ARTS THESE

EIN: 611452615 501(c)(3) Human Services

Charleston, SC

Total Revenue
$55,125
Total Expenses
$88,495
Total Assets
$163,702
Net Assets
$163,702
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
GA
Tax Period
2022-01-01 to 2022-12-31

OUR FINE ARTS THESE, founded in 2008, is a micro nonprofit in the Human Services sector that reported $55K in total revenue in fiscal year 2022. Expenses of $88K exceeded revenue, resulting in a 61% operating deficit.

Mission

TO EDUCATE THE PUBLIC ON ISSUES OF HOMELESSNESS THROUGH THE ARTS, AND TO ASSIST THE HOMELESS.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $55,125
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $55,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,974
Fundraising Expenses $0
Program Expenses $7,165
Other Expenses $12,521
TOTAL EXPENSES $88,495

Year-over-Year Comparison

2022 2021 Change
Revenue $55,125 $57,450 0.0%
Expenses $88,495 $117,217 -0.2%
Net Income $-33,370 $-59,767 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID VON KRONKITE EXECUTIVE DIRECTOR RECOVERY P 0.00
Officer
$0 $0 $0
MYRTLE DAVIS VICE PRESIDENT 0.00
Officer
$0 $0 $0
EDWARD B FULLER PRESIDENT 0.00
Officer
$0 $0 $0
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
2022 $55,125 $88,495 $163,702 $-33,370
2021 $57,450 $117,217 $196,560 $-59,767
2020 $54,005 $156,829 $254,478 $-102,824
2019 $78,030 $133,530 $357,302 $-55,500
2018 $569,531 $212,319 $412,899 $357,212
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