Allen Parkway Arts Center Inc

EIN: 760650613 501(c)(3) Arts, Culture & Humanities

Houston, TX

Total Revenue
$167,950
Total Expenses
$157,953
Total Assets
$11,237
Net Assets
$1,237
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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
2000
Legal Domicile
TX
Principal Officer
George Lancaster
Phone
7135270220
Tax Period
2018-07-01 to 2019-06-30

Allen Parkway Arts Center Inc, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $168K in total revenue in fiscal year 2018. Expenses of $158K left a modest 6% surplus.

Mission

Allen Parkway Arts Center, Inc. (APAC) is a supporting organization to Stages, a non-profit 501(c)(3) organization producing live theater for over 67,000 Houstonians annually.

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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 (2018)

Revenue Breakdown

Contributions & Grants $85,750
Program Service Revenue $0
Investment Income $0
Other Revenue $82,200
TOTAL REVENUE $167,950

Expense Breakdown

Grants Paid $157,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,200
Other Expenses $753
TOTAL EXPENSES $157,953

Year-over-Year Comparison

2018 2017 Change
Revenue $167,950 $156,520 +0.1%
Expenses $157,953 $156,520 +0.0%
Net Income $9,997 N/A N/A
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
3
Employees
N/A
Volunteers
3

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
4
$188,450
Total Directors
4
$188,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Lancaster President 0.50
Officer Director
$0 $0 $0
Sally Edmundson Vice President 0.50
Officer Director
$0 $0 $0
Jim Nicklos Treasurer 0.50
Officer Director
$0 $0 $0
Kenn McLaughlin Secretary 0.50
Officer Director
$0 $7,257 $188,450
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
2019 $167,950 $157,953 $11,237 $9,997
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