FRONT EXHIBITION COMPANY

🔒

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

FRED BIDWELL

Phone

2169385429

Tax Period

2023-01-01 to 2023-12-31

FRONT EXHIBITION COMPANY, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $722K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $912K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO GENERATE NEW ECONOMIC ACTIVITY AND OPPORTUNITY THROUGH CULTURAL TOURISM; DEVELOP AN EVEN STRONGER, MORE VIBRANT, AND SUSTAINABLE CREATIVE COMMUNITY BY BRINGING NEW RECOGNITION AND OPPORTUNITY TO ARTS' INSTITUTIONS AND CREATIVE PROFESSIONALS; AND ENHANCE THE BRAND OF CLEVELAND AND NORTHEAST OHIO BY PRESENTING A MORE NUANCED AND SOPHISTICATED VIEW OF ITS ARTS AND CULTURE RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $592,412 Revenue: $719

IN 2023 FRONT CONTINUED THE PLANNING FOR AND EXECUTION OF THE REGION-WIDE THREE MONTH CONTEMPORARY ART TRIENNIAL TO BE LAUNCHED IN JULY 2025 ENCOMPASSING MUSEUM EXHIBITIONS AND UNIQUE SITES ACROSS...

IN 2023 FRONT CONTINUED THE PLANNING FOR AND EXECUTION OF THE REGION-WIDE THREE MONTH CONTEMPORARY ART TRIENNIAL TO BE LAUNCHED IN JULY 2025 ENCOMPASSING MUSEUM EXHIBITIONS AND UNIQUE SITES ACROSS THE CITIES OF CLEVELAND, AKRON AND OBERLIN. FRONT IS PLANNING TO PROVIDE A STAGE FOR LOCAL, NATIONAL AND INTERNATIONAL ARTISTS TO SHARE NEW WORK THAT IS INSPIRED BY AND ENGAGED WITH THE MOST IMPORTANT SOCIAL, POLITICAL, AND CULTURAL ISSUES OF OUR TIME.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $712,727

Program Service Revenue $0

Investment Income $0

Other Revenue $8,871

TOTAL REVENUE $721,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $261,720

Fundraising Expenses $12,361

Program Expenses $592,412

Other Expenses $650,576

TOTAL EXPENSES $912,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$721,598	$2,212,128	-0.7%
Expenses	$912,296	$2,854,181	-0.7%
Net Income	$-190,698	$-642,053	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN FORBES-FIELDS	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
MICHELLE JESCHELNIG	BOARD VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT MUELLER	BOARD VICE CHAIR	2.00	Officer Director	$0	$0	$0
JON J PINNEY	SECRETARY & TREASURER	2.00	Officer Director	$0	$0	$0
FRED BIDWELL	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
AUGUST A NAPOLI JR	BOARD MEMBER	2.00	Director	$0	$0	$0
FELTON THOMAS	BOARD MEMBER	2.00	Director	$0	$0	$0
HOWARD FREEDMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES LINCOLN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOANNE R COHEN	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL CLARK	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD S ROGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
SANDRA EARL	BOARD MEMBER	2.00	Director	$0	$0	$0
VIRGINIA BARBATO	BOARD MEMBER	2.00	Director	$0	$0	$0
YUVAL BRISKER	BOARD MEMBER	2.00	Director	$0	$0	$0
SARAH HURAND	BOARD MEMBER	2.00	Director	$0	$0	$0
TIZZIANA BALDENEBRO	BOARD MEMBER	2.00	Director	$0	$0	$0
CARMELA GUERERRO	BOARD MEMBER	2.00	Director	$0	$0	$0
DIANE DAVIS-SIKORA	BOARD MEMBER	2.00	Director	$0	$0	$0
SARAH SPINNER LISKA	DEPUTY DIRECTOR	40.00	Highest	$174,038	$0	$174,038

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
2023	$721,598	$912,296	$614,103	$-190,698
2022	$2,212,128	$2,854,181	$941,361	$-642,053
2021	$1,208,916	$939,841	$1,238,691	$269,075
2020	$1,005,767	$799,775	$922,088	$205,992
2019	$1,613,470	$771,404	$1,173,852	$842,066
2018	$1,429,783	$3,277,124	$565,143	$-1,847,341