AKRON, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AKRON SOUL TRAIN, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $109K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $141K exceeded revenue, resulting in a 30% operating deficit.
AKRON SOUL TRAIN (AST) STRIVES TO BE A NATIONALLY RECOGNIZED MULTIDISCIPLINARY ARTS PROGRAM THAT ATTRACTS AND SUPPORTS DIVERSE ARTISTS, FOSTERING CREATIVITY AND ARTISTIC EXPRESSION. AS A DRIVING FORCE FOR THE ARTS IN NORTHEAST OHIO, OUR MISSION IS TO INSPIRE ARTISTS AND ENGAGE THE GREATER AKRON COMMUNITY IN THE CREATIVE PROCESS. THROUGH COLLABORATION AND PARTNERSHIPS, AST SEEKS TO CULTIVATE A THRIVING ARTS ECOSYSTEM THAT ENRICHES THE CULTURAL FABRIC OF OUR REGION. IN 2019, AST ESTABLISHED A PERMANENT GALLERY SPACE ON SOUTH MAIN STREET, LOCATED IN AKRON'S DOWNTOWN ARTS DISTRICT. THIS CENTRAL LOCATION PROVIDES THE COMMUNITY WITH ACCESS TO VISUAL ART EXHIBITIONS, PERFORMANCES, AND WORKSHOPS LED BY OUR RESIDENT ARTISTS. ITS PROXIMITY TO OTHER ARTS ORGANIZATIONS AND THE UNIVERSITY OF AKRON FACILITATES COLLABORATION AND CROSS-DISCIPLINARY INITIATIVES. AST HAS FINANCIALLY SUPPORTED AND SHOWCASED THE WORK OF MANY ARTISTS ACROSS A BROAD SPECTRUM OF ARTISTIC DISCIPLINES, INCLUDING LITERARY, VISU
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $108,842 | $114,992 | -0.1% |
| Expenses | $140,979 | $121,224 | +0.2% |
| Net Income | $-32,137 | $-6,232 | +4.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NANCY BRENNAN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN GILLESPIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CONNIE HESSKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL BACON MADDEN | VICE-PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANCINE PARR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH ROBB | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ARNOLD TUNSTALL | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $108,842 | $140,979 | $102,564 | $-32,137 |
| 2022 | $114,992 | $121,224 | $130,082 | $-6,232 |
| 2021 | $90,479 | $114,132 | $140,193 | $-23,653 |
| 2020 | $89,883 | $107,115 | $149,398 | $-17,232 |
| 2019 | $80,650 | $95,294 | $165,201 | $-14,644 |
| 2018 | $157,856 | $148,330 | $179,838 | $9,526 |
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