Lexington, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Innovation Arts Academy Inc, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $304K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.
SUPPORTING AND DEVELOPING ARTS PROFESSIONALS; AND SHOWCASING THE ARTS IN THE COMMUNITY.
PROVIDING TRAINING IN THE PERFORMING ARTS TO CHILDREN AND PROMOTING PERFORMING ARTS EDUCATION IN PUBLIC AND PRIVATE SCHOOLS FOR CHILDREN IN LEXINGTON, KY AND THE SURROUNDING COMMUNITIES. CLASSES...
PROVIDING TRAINING IN THE PERFORMING ARTS TO CHILDREN AND PROMOTING PERFORMING ARTS EDUCATION IN PUBLIC AND PRIVATE SCHOOLS FOR CHILDREN IN LEXINGTON, KY AND THE SURROUNDING COMMUNITIES. CLASSES OFFERED INCLUDE MUSICAL THEATRE PERFORMANCE TRAINING WITH ADVANCED ACTING A VARIETY OF DANCE CLASSES. VOCAL TRAINING AND WORKSHOPS IN AUDITION SKILLS ARE ALSO OFFERED. INNOVATION ARTS ACADEMY HAS COLLABORATED WITH THE LOCAL SCHOOLS BY PROVIDING INFORMATION ABOUT CLASSES, WORKSHOPS, HOLDING AUDITIONS AT AREA SCHOOLS AND ASSISTING STUDENTS IN PREPARATION FOR SCHOOL AUDITIONS AND FOR ENTRANCE TO THE SCHOOL FOR THE CREATIVE AND PERFORMING ARTS (SCAPA).
WE SHOWCASE THE TALENTS OF CHILDREN IN LEXINGTON, KY AND THE SURROUNDING COMMUNITIES THROUGH PERFORMANCES AND PARTICIPATION IN COMMUNITY ARTS EVENTS. INNOVATION ARTS ACADEMY PRODUCES MUSICALS, TAKES...
WE SHOWCASE THE TALENTS OF CHILDREN IN LEXINGTON, KY AND THE SURROUNDING COMMUNITIES THROUGH PERFORMANCES AND PARTICIPATION IN COMMUNITY ARTS EVENTS. INNOVATION ARTS ACADEMY PRODUCES MUSICALS, TAKES STUDENTS TO THEATER FESTIVALS AND REGIONAL VOICE FESTIVALS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $303,688 | $262,338 | +0.2% |
| Expenses | $303,184 | $258,275 | +0.2% |
| Net Income | $504 | $4,063 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| Mary Jo Nelson | Executive Dir. | 30.00 |
Officer
|
$33,500 | $0 | $33,500 |
| Angie Fields | Secretary | 5.00 |
Director
|
$0 | $0 | $0 |
| Julie Skeeters | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Kelsey Jones | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Erin Wallet | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $303,688 | $303,184 | $38,283 | $504 |
| 2024 | $262,338 | $258,275 | $36,457 | $4,063 |
| 2023 | $205,009 | $216,342 | $30,656 | $-11,333 |
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