ARTISTYEAR

EIN: 811281053 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$3,222,701
Total Expenses
$2,970,975
Total Assets
$1,087,511
Net Assets
$1,084,038
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Principal Officer
MARGO DRAKOS
Phone
6106393316
Tax Period
2024-07-01 to 2025-06-30

ARTISTYEAR, founded in 2015, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 8% surplus.

Mission

ARTISTYEAR, A NATIONAL SERVICE AMERICORPS PROGRAM, IS A PROVEN HIGHDOSAGE, EVIDENCEBASED, INSCHOOL INTERVENTION DESIGNED TO EXPAND ARTS OPPORTUNITIES FOR STUDENTS AND COMMUNITIES VIA A RESIDENT TEACHING ARTIST CORPS.

Program Service Accomplishments

Program 1
Expenses: $2,698,506 Revenue: $261,077

ARTISTYEAR'S 2024-2025 SCHOOL YEAR WAS SUCCESSFUL AND IMPACTFUL WITH 70 FULL-TIME RESIDENT TEACHING ARTISTS (RTAS) SERVING AS AMERICORPS MEMBERS IN 51 TITLE I SCHOOLS IN 10 RURAL AND URBAN SCHOOL...

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ARTISTYEAR'S 2024-2025 SCHOOL YEAR WAS SUCCESSFUL AND IMPACTFUL WITH 70 FULL-TIME RESIDENT TEACHING ARTISTS (RTAS) SERVING AS AMERICORPS MEMBERS IN 51 TITLE I SCHOOLS IN 10 RURAL AND URBAN SCHOOL DISTRICTS, INCLUDING: CENTRAL NORTH CAROLINA (MOORE, LEE, AND CHATHAM COUNTIES); COLUMBUS, OH; DENVER, CO; MT. STERLING, KY; NASHVILLE, TN; NEW YORK CITY, NY; AND PHILADELPHIA, PA; RTAS SERVED 14,740 STUDENTS PROVIDING MORE THAN 84,000 HOURS OF ARTS INSTRUCTION AND CREATIVE LEARNING AND MADE A SIGNIFICANT POSITIVE IMPACT ON THEIR SCHOOL COMMUNITIES. 60% OF ARTISTYEAR RTAS ADDED AN ART FORM OR SPECIALIZATION THAT WOULD NOT HAVE EXISTED IN THEIR SCHOOL WITHOUT ARTISTYEAR. RTAS CREATED 131 COMMUNITY ARTS EVENTS ENGAGING 10,025 AUDIENCE MEMBERS, 96 ARTS & CULTURE ASSEMBLIES OR FIELD TRIPS, AND 73 ARTS CLUBS. ARTISTYEAR SPENT THE 2024-2025 SCHOOL YEAR REFINING ORGANIZATIONAL OPERATIONS AND PROGRAMMING TO STRENGTHEN OUR PROGRAMMING, INCREASE RTA RECRUITMENT, AND PREPARED ARTISTYEAR FOR ONGOING EXPANSION. ARTISTYEAR EMPLOYS AN EFFICIENT STAFFING AND STRONG GOVERNANCE MODEL TO ENSURE THAT WE ARE SPENDING THE BULK OF OUR FINANCIAL AND HUMAN RESOURCES ON PROGRAM IMPLEMENTATION AND EVALUATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,958,837
Program Service Revenue $261,077
Investment Income $132
Other Revenue $2,655
TOTAL REVENUE $3,222,701

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,779,363
Fundraising Expenses $68,901
Program Expenses $2,698,506
Other Expenses $191,612
TOTAL EXPENSES $2,970,975

Year-over-Year Comparison

2024 2023 Change
Revenue $3,222,701 $2,581,209 +0.2%
Expenses $2,970,975 $2,733,264 +0.1%
Net Income $251,726 $-152,055 -2.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
143
Volunteers
5

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
2
$130,338
Total Directors
6
$130,338
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETSALEEL CHARMELUS CEO 40.00
Officer Director
$126,938 $3,400 $130,338
MARGO DRAKOS BOARD CHAIR 40.00
Officer Director
$0 $0 $0
ERIC BOOTH TRUSTEE 5.00
Director
$0 $0 $0
ROBERT CARPENTER TRUSTEE 5.00
Director
$0 $0 $0
ROSA MORENO TRUSTEE 5.00
Director
$0 $0 $0
MICHAEL OBRYAN TRUSTEE 5.00
Director
$0 $0 $0
STEPHANIE MAYEN CHIEF PARTNERSHIP OFFICER & DIRECTOR OF COMMUNIC 40.00
Highest
$126,938 $2,629 $129,567
JULIA DURKIN CHIEF FINANCIAL OFFICER & DIRECTOR OF HUMAN RESOU 40.00
Highest
$126,938 $0 $126,938
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
2025 $3,222,701 $2,970,975 $1,087,511 $251,726
2024 $2,581,209 $2,733,264 $986,287 $-152,055
2023 $2,268,860 $2,252,347 $1,136,650 $16,513
2022 $3,313,195 $2,386,096 $1,136,183 $927,099
2021 $1,837,265 $2,011,696 $518,841 $-174,431
2020 $1,720,067 $1,724,949 $701,611 $-4,882
2019 $1,500,013 $1,705,477 $230,937 $-205,464
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