ARTSHACK BROOKLYN INC (EIN 811692702) - 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

MCKENDREE KEY

Phone

3474173304

Tax Period

2024-01-01 to 2024-12-31

ARTSHACK BROOKLYN INC, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION'S PURPOSE IS TO FOSTER CREATIVITY, SELF-RESPECTIVE, AND EMPOWER PEOPLE THROUGH THE USE OF CERAMICS.

🔒

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 $236,026

Program Service Revenue $1,979,728

Investment Income $5,386

Other Revenue $-14,928

TOTAL REVENUE $2,206,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,071,186

Fundraising Expenses $61,460

Program Expenses $2,110,113

Other Expenses $1,278,178

TOTAL EXPENSES $2,349,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,206,212	$2,163,185	+0.0%
Expenses	$2,349,364	$2,071,104	+0.1%
Net Income	$-143,152	$92,081	-2.6%

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

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

$112,546

Total Directors

$112,546

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLEY WATSON	DIRECTOR	1.00	Director	$0	$0	$0
HELEN WARWICK	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS OH	DIRECTOR	1.00	Director	$0	$0	$0
SHAUN LEONARDO	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA ROBINSON-BIOH	DIRECTOR (TERM 05/2024)	1.00	Director	$0	$0	$0
SEANNA BROWN	CHAIR	2.00	Officer Director	$0	$0	$0
JASON SHURE	TREASURER	1.00	Officer Director	$0	$0	$0
MCKENDREE KEY	EXECUTIVE DIRECTOR	40.00	Officer Director	$109,846	$2,700	$112,546

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	$2,206,212	$2,349,364	$1,373,382	$-143,152
2023	$2,163,185	$2,071,104	$1,622,142	$92,081
2022	$1,528,687	$1,624,547	$1,837,951	$-95,860
2021	$1,184,195	$968,171	$485,752	$216,024
2020	$554,365	$630,358	$219,191	$-75,993
2019	$749,060	$754,289	$202,957	$-5,229
2018	$693,357	$632,200	$184,424	$61,157

ARTSHACK BROOKLYN INC