LONGMONT, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LONGMONT COUNCIL FOR THE ARTS DBA ARTS LONGMONT, founded in 1985, is a small nonprofit that reported $104K in total revenue in fiscal year 2018. Revenue fell 42% from the prior year — a significant decline worth monitoring.
THE LONGMONT COUNCIL FOR THE ARTS DBA ARTS LONGMONT PROVIDES LEADERSHIP AND ADVOCACY TO SUPPORT, INSPIRE, AND ENHANCE THE ARTS COMMUNITY TO ELEVATE THE QUALITY OF LIFE IN THE GREATER ST. VRAIN VALLEY REGION.
IN 2018 ARTS LONGMONT TOOK SOME DIFFICULT STEPS IN ORDER TO BALANCE OUR ANNUAL OPERATING BUDGET AND BEGIN TO REDUCE OUR ACCOUNTS PAYABLES AND BEGIN TO PAY OFF A BANK LINE OF CREDIT. TO THOSE ENDS, WE...
IN 2018 ARTS LONGMONT TOOK SOME DIFFICULT STEPS IN ORDER TO BALANCE OUR ANNUAL OPERATING BUDGET AND BEGIN TO REDUCE OUR ACCOUNTS PAYABLES AND BEGIN TO PAY OFF A BANK LINE OF CREDIT. TO THOSE ENDS, WE CLOSED THE ARTS LONGMONT GALLERY AND MOVED OUR OFFICES INTO A NEW, LESS EXPENSIVE BUILDING. NONETHELESS, WE CONTINUED TO ENSURE THAT LONGMONT'S RICH CULTURAL DIVERSITY IS NOT ONLY SUSTAINED BUT NURTURED. WE NOW OVERSEE FOUR PROGRAMS IN BOTH THE VISUAL AND PERFORMING ARTS, PROVIDING ADMINISTRATIVE AND MARKETING SUPPORT. WE CONTINUE TO ENSURE THAT THE ARTS ARE ACCESSIBLE FOR THE ENTIRE COMMUNITY REGARDLESS OF ECONOMIC STATUS. AS AN ARTS AND CULTURAL LEADER, WE UTILIZE OUR RESOURCES TO EDUCATE THE COMMUNITY ON THE IMPORTANCE OF ART IN OUR LIVES AND HAVE TAKEN A LEADERSHIP ROLE TO BE THE VOICE OF THE ARTS IN THE CITY. IN 2018, ARTS LONGMONT PROVIDED THE FOLLOWING PROGRAMS: ARTS LONGMONT STUDIO TOUR, FRIDAY AFTERNOON CONCERTS & ART SHOWS, ARTS EDUCATION IN THE ST. VRAIN VALLEY SCHOOL DISTRICT, AND ART AROUND TOWN. WE ARE FUNDED THROUGH GRANTS, SPONSORSHIPS, DONATIONS, AND ART & TICKET SALES.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $104,400 | $180,735 | -0.4% |
| Expenses | $105,165 | $188,742 | -0.4% |
| Net Income | $-765 | $-8,007 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| LINDSEY BRICKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMMY HELART | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| MEG MEYER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| W VITO MONTONE | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT CONVERSE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE LONG | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA CARSON | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY MINAYA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIANNE LORENZ | EXECUTIVE DIRECTOR | 17.00 |
Officer
|
$18,866 | $0 | $18,866 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $104,400 | $105,165 | $8,017 | $-765 |
Compare LONGMONT COUNCIL FOR THE ARTS DBA ARTS LONGMONT with other nonprofits in Colorado and across the country.