Art Spark Texas (EIN 742863338) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Phone

5124549912

Tax Period

2024-10-01 to 2025-09-30

Art Spark Texas, founded in 1998, is a small nonprofit in the Human Services sector that reported $560K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $502K left a modest 10% surplus.

Mission

Mission of Art Spark Texas is to challenge the perceptions of how people contribute by creating an arts-inspired inclusive community of individuals with diverse abilities.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $350,539

Program Service Revenue $209,388

Investment Income $147

Other Revenue $0

TOTAL REVENUE $560,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,558

Fundraising Expenses $31,442

Program Expenses $445,348

Other Expenses $294,393

TOTAL EXPENSES $501,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$560,074	$358,886	+0.6%
Expenses	$501,951	$438,300	+0.1%
Net Income	$58,123	$-79,414	-1.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$62,120

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Griebel	President / Interim Treasurer	2	Officer Director	$0	$0	$0
Susan Loughran	Secretary	2	Officer Director	$0	$0	$0
Susanne Graves	Director	2	Director	$0	$0	$0
Randi Turner	Director	2	Director	$0	$0	$0
Judith Estrada Garcia	Director	2	Director	$0	$0	$0
Laurie Nguyen	Director	2	Director	$0	$0	$0
Celia M Hughes	Executive Director	40	Director	$62,120	$0	$62,120

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	$560,074	$501,951	$217,345	$58,123
2024	$358,886	$438,300	$194,163	$-79,414
2023	$529,723	$493,283	$212,234	$36,440
2022	$485,947	$581,327	$160,137	$-95,380
2021	$626,614	$501,687	$258,133	$124,927
2020	$448,831	$417,350	$158,331	$31,481

Art Spark Texas