NORTH TEXAS BUSINESS COUNCIL FOR THE ARTS DBA BUSINESS COUNCIL FOR THE ARTS (EIN 752232449) - 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

1987

Legal Domicile

Principal Officer

STACIE ADAMS

Phone

9729918300

Tax Period

2023-01-01 to 2023-12-31

NORTH TEXAS BUSINESS COUNCIL FOR THE ARTS DBA BUSINESS COUNCIL FOR THE ARTS, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $759K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

BUSINESS COUNCIL FOR THE ARTS ENCOURAGES, INSPIRES, AND STIMULATES BUSINESSES AND MUNICIPALITIES TO SUPPORT THE ARTS IN THE WORKPLACE, IN EDUCATION, AND IN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $292,281

Program Service Revenue $201,061

Investment Income $0

Other Revenue $265,981

TOTAL REVENUE $759,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,295

Fundraising Expenses $80,376

Program Expenses $444,788

Other Expenses $336,651

TOTAL EXPENSES $778,946

Year-over-Year Comparison

	2023	2022	Change
Revenue	$759,323	$494,713	+0.5%
Expenses	$778,946	$561,064	+0.4%
Net Income	$-19,623	$-66,351	-0.7%

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

250

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

$128,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY A NASHER	FOUNDER'S CHAIR	0.00	Officer Director	$0	$0	$0
JOEL AUSTIN	BOARD CHAIRMAN	0.00	Officer Director	$0	$0	$0
MICHAEL ABCARIAN	CHAIR, COMPENSATION & BENEFITS	0.00	Officer Director	$0	$0	$0
JESSICA BEASLEY	BOARD MEMBER	0.00	Director	$0	$0	$0
J KING BOURLAND	CHAIR, FINANCE; TREASURER	0.00	Officer Director	$0	$0	$0
DON BRAUN	BOARD MEMBER	0.00	Director	$0	$0	$0
RANDY COLSON	CHAIR, TECHNOLOGY	0.00	Officer Director	$0	$0	$0
SAMANTHA HALE CRISPIN	BOARD MEMBER	0.00	Director	$0	$0	$0
COURTNEY CROTHERS	CO-CHAIR, ARTS & HEALTH	0.00	Officer Director	$0	$0	$0
KATHERINE TERRELL FRANK	BOARD MEMBER	0.00	Director	$0	$0	$0
LARRY GLASGOW	CHAIR, BOARD GOVERNANCE	0.00	Officer Director	$0	$0	$0
SAM HOLLAND	BOARD MEMBER	0.00	Director	$0	$0	$0
KAREN HUTZEL	BOARD MEMBER	0.00	Director	$0	$0	$0
MICHAEL JANICEK	CO-CHAIR, ARTS & HEALTH	0.00	Officer Director	$0	$0	$0
COURTNEY JOHNSON	BOARD MEMBER	0.00	Director	$0	$0	$0
FERN JOHNSON	BOARD MEMBER	0.00	Director	$0	$0	$0
DENNIS KRATZ	BOARD MEMBER	0.00	Director	$0	$0	$0
JIM LAFONTAINE	BOARD MEMBER	0.00	Director	$0	$0	$0
DR SHAUNTEE MAYFIELD	BOARD MEMBER	0.00	Director	$0	$0	$0
WHITNEY MCANALLEN	CHAIR, MARKETING	0.00	Officer Director	$0	$0	$0
CATHRYN MCCLELLAN KELLY	BOARD MEMBER	0.00	Director	$0	$0	$0
VICTORIA MCGRATH	BOARD MEMBER	0.00	Director	$0	$0	$0
MARY MCNULTY	SECRETARY	0.00	Officer Director	$0	$0	$0
BRIAN MILLER	CHAIR, ARTS & REAL ESTATE	0.00	Officer Director	$0	$0	$0
JESSICA MORRIS	CHAIR, AUDIT	0.00	Officer Director	$0	$0	$0
JOE PARRISH	BOARD MEMBER	0.00	Director	$0	$0	$0
DOTTI REEDER	BOARD MEMBER	0.00	Director	$0	$0	$0
PHILIP SILVESTRI	CHAIR, DEI	0.00	Officer Director	$0	$0	$0
EVAN SINGER	BOARD MEMBER	0.00	Director	$0	$0	$0
CORINNA ULRICH	CHAIR, ADVANCEMENT & STRATEGY	0.00	Officer Director	$0	$0	$0
ROD WASHINGTON	BOARD MEMBER	0.00	Director	$0	$0	$0
KATHLEEN WU	BOARD MEMBER	0.00	Director	$0	$0	$0
PAMELA ZEIGLER-PETTY	BOARD MEMBER	0.00	Director	$0	$0	$0
STACIE ADAMS	CEO	40.00	Officer	$128,333	$0	$128,333

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
2024	No data	No data	No data	No data
2023	$759,323	$778,946	$571,740	$-19,623
2022	$494,713	$561,064	$618,688	$-66,351
2021	$506,888	$612,424	$531,144	$-105,536
2020	$439,172	$529,621	$480,094	$-90,449
2019	$451,771	$558,567	$454,098	$-106,796
2018	$487,895	$627,532	$417,247	$-139,637

NORTH TEXAS BUSINESS COUNCIL FOR THE ARTS DBA BUSINESS COUNCIL FOR THE ARTS