MAROON ARTS GROUP (EIN 810802458) - Form 990 Financial Analysis & Trantor Score

🔒

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

2016

Legal Domicile

Principal Officer

SHERI J NEALE

Phone

6147154624

Tax Period

2024-01-01 to 2024-12-31

MAROON ARTS GROUP, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $995K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $448K, a strong 45% operating margin.

Mission

PRESERVATION & PROMOTION OF CULTURES OF AFRICAN DESCENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $972,458

Program Service Revenue $14,569

Investment Income $865

Other Revenue $7,200

TOTAL REVENUE $995,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,500

Fundraising Expenses $0

Program Expenses $372,096

Other Expenses $538,945

TOTAL EXPENSES $547,445

Year-over-Year Comparison

	2024	2023	Change
Revenue	$995,092	$1,941,184	-0.5%
Expenses	$547,445	$496,975	+0.1%
Net Income	$447,647	$1,444,209	-0.7%

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

N/A

Volunteers

122

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

$8,500

Total Directors

$8,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERI J NEALE	CHAIRPERSON	15.00	Officer Director	$8,500	$0	$8,500
MARSHALL SHORTS JR	VICE CHAIR	15.00	Officer Director	$0	$0	$0
DIETTRA ENGRAM	DIRECTOR	15.00	Officer Director	$0	$0	$0
KESHIA HUNLEY-JENKINS	BOARD MEMBER	10.00	Director	$0	$0	$0
PATRICK GAMBLE	BOARD MEMBER	10.00	Director	$0	$0	$0
JASON RAWLS	BOARD MEMBER	10.00	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	$995,092	$547,445	$4,020,624	$447,647
2023	$1,941,184	$496,975	$3,567,305	$1,444,209
2022	$616,256	$453,269	$1,417,579	$162,987
2021	$1,437,003	$325,265	$1,261,675	$1,111,738
2020	$340,905	$201,516	$188,582	$139,389

MAROON ARTS GROUP