CARPINTERIA ARTS CENTER

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

TIM COHEN

Phone

8056846348

Tax Period

2023-07-01 to 2023-12-31

CARPINTERIA ARTS CENTER, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $384K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Net assets of $3.7M represent 116 months of operating reserves.

Mission

THE CARPINTERIA ARTS CENTER'S MISSION IS CREATING A VIBRANT COMMUNITY THROUGH THE ARTS.

Program Service Accomplishments

Program 1

Expenses: $247,824 Revenue: $17,650

THE CENTER OFFERED 40 IN-PERSON EDUCATIONAL ARTS CLASSES FOR ALL AGES. SPECIAL YOUTH PROJECTS INCLUDED AN ANNUAL TEEN MURAL RECEPTION THAT HAD 65 PEOPLE IN ATTENDANCE. IN ADDITION, 5 WEEKS OF SUMMER ARTS CAMP SERVED 80 YOUTH, 15 OF WHICH RECEIVED FULL SCHOLARSHIPS OR REDUCED TUITION. THE CENTER ALSO OFFERED VOLUNTEER OPPORTUNITIES AND A YOUTH LEADERSHIP TRAINING PROGRAM TO 31 TEENS.

Program 2

Expenses: $55,906 Revenue: $13,359

THE CENTER OFFERED A FREE 4-MONTH PUBLIC CONCERT SERIES, A MONTHLY ARTS & CRAFTS FAIRE WITH A FREE COMMUNITY ART PROJECT TABLE, FREE CULTURAL EVENTS, HOLIDAY FESTIVAL. THE CENTER PROVIDED FREE ARTS AND CULTURAL WORKSHOPS AND PERFORMANCES TO UNDER-RESOURCED RESIDENTS ON-SITE AT PEOPLE'S SELF-HELP HOUSING'S 3 APARTMENT COMPLEXES IN CARPINTERIA. THE CENTER ALSO PROVIDED WEEKLY FREE ARTS AND CRAFTS CLASSES TO CARPINTERIA SENIORS AGES 55+.

Program 3

Expenses: $4,615 Revenue: $1,705

THE CENTER HOSTED 4 DIFFERENT COMMUNITY ARTS EXHIBITS IN THE GALLERY WHICH IS STAFFED BY A TEAM OF 75 COMMUNITY VOLUNTEERS. THE CENTER OFFERED FREE ART RECEPTIONS, ARTIST TALKS, AND GALLERY HOST...

THE CENTER HOSTED 4 DIFFERENT COMMUNITY ARTS EXHIBITS IN THE GALLERY WHICH IS STAFFED BY A TEAM OF 75 COMMUNITY VOLUNTEERS. THE CENTER OFFERED FREE ART RECEPTIONS, ARTIST TALKS, AND GALLERY HOST TRAINING AND EVENTS. THE CENTER USED THE GALLERY TO HOST THE 3-WEEK HOLIDAY-INSPIRED "FESTIVAL OF TREES" EVENT WITH THE LIONS CLUB OF CARPINTERIA, COLLABORATING WITH OVER 20 FELLOW LOCAL NONPROFITS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $332,516

Program Service Revenue $32,714

Investment Income $7,879

Other Revenue $10,444

TOTAL REVENUE $383,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,934

Fundraising Expenses $42,609

Program Expenses $308,345

Other Expenses $238,918

TOTAL EXPENSES $416,852

Year-over-Year Comparison

	2023	2022	Change
Revenue	$383,553	$689,211	-0.4%
Expenses	$416,852	$767,447	-0.5%
Net Income	$-33,299	$-78,236	-0.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

135

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNDA FAIRLY	DIRECTOR	2.00	Director	$0	$0	$0
ALAN KOCH	DIRECTOR	5.00	Director	$0	$0	$0
ROLAND ROTZ	DIRECTOR	2.00	Director	$0	$0	$0
CARLA STEIN	TREASURER	3.00	Officer Director	$0	$0	$0
TIM COHEN	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
KATHY DUBOCK	DIRECTOR	5.00	Director	$0	$0	$0
GREGG CARTY	DIRECTOR	3.00	Director	$0	$0	$0
DEBBIE MURPHY	BOARD VICE C	5.00	Officer Director	$0	$0	$0
JESUS GONZALES	DIRECTOR	2.00	Director	$0	$0	$0
SIMON PALMER	DIRECTOR	2.00	Director	$0	$0	$0
LEN PRICE	DIRECTOR	2.00	Director	$0	$0	$0
LOURDES TRIGUEROS	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTIE BOYD	DIRECTOR	3.00	Director	$0	$0	$0
JACLYN FABRE	SECRETARY	3.00	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
2024	No data	No data	No data	No data
2023	$383,553	$416,852	$3,715,562	$-33,299
2022	$557,290	$699,070	$3,800,458	$-141,780
2021	$414,101	$576,135	$4,065,582	$-162,034
2021	$414,098	$576,273	$4,065,583	$-162,175
2020	$344,078	$614,355	$4,207,435	$-270,277
2019	$589,599	$370,375	$4,215,690	$219,224