ARTIST SERIES CONCERTS OF SARASOTA

EIN: 650755294 501(c)(3) Arts, Culture & Humanities

SARASOTA, FL

Total Revenue
$533,083
Total Expenses
$681,990
Total Assets
$1,233,540
Net Assets
$1,073,396
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
KEREN SHANI-LIFRAK
Phone
9413061200
Tax Period
2024-07-01 to 2025-06-30

ARTIST SERIES CONCERTS OF SARASOTA, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $533K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $682K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PRESENT QUALITY MUSICAL CONCERTS FOR THE GENERAL PUBLIC AND TO PROMOTE AND ASSIST IN THE DEVELOPMENT OF ASPIRING MUSICIANS.

Program Service Accomplishments

Program 1
Expenses: $478,200

VARIOUS MUSICAL CONCERT PERFORMANCES WERE PRESENTED THROUGHOUT THE YEAR IN THE HISTORIC ASOLO THEATHER AT THE RINGLING MUSEUM OF ART IN SARASOTA, FLORIDA.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $267,704
Program Service Revenue $210,432
Investment Income $54,947
Other Revenue $0
TOTAL REVENUE $533,083

Expense Breakdown

Grants Paid $9,191
Salaries & Benefits $123,804
Fundraising Expenses $23,760
Program Expenses $478,200
Other Expenses $548,995
TOTAL EXPENSES $681,990

Year-over-Year Comparison

2024 2023 Change
Revenue $533,083 $750,944 -0.3%
Expenses $681,990 $611,124 +0.1%
Net Income $-148,907 $139,820 -2.1%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
134

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
5
$12,615
Total Directors
10
$12,615
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEREN SHANI-LIFRAK EXECUTIVE DI 40.00
Officer Director
$12,615 $0 $12,615
PATRICIA BOURKE DIRECTOR 1.00
Director
$0 $0 $0
BONTI BURGESS SECRETARY 2.00
Officer Director
$0 $0 $0
MILES CAPRON DIRECTOR 1.00
Director
$0 $0 $0
DAVID CHIVAS CHAIR 2.00
Officer Director
$0 $0 $0
GAIL HARRIS DIRECTOR 1.00
Director
$0 $0 $0
JAMES JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
CYNDI MUMM DIRECTOR 1.00
Director
$0 $0 $0
PETER PHILLIPES CO-TREASURER 2.00
Officer Director
$0 $0 $0
GERALD RONKIN CO-TREASURER 2.00
Officer Director
$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
2025 $533,083 $681,990 $1,233,540 $-148,907
2024 $750,944 $611,124 $1,235,328 $139,820
2023 $739,211 $537,066 $991,608 $202,145
2022 $648,180 $473,775 $743,795 $174,405
2021 $532,062 $340,082 $642,150 $191,980
2020 $479,020 $434,479 $417,996 $44,541
2019 $500,141 $524,705 $344,932 $-24,564
2018 $504,783 $573,446 $369,245 $-68,663
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ARTIST SERIES CONCERTS OF SARASOTA with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.