Arrow Creative Inc

EIN: 813045567 501(c)(3)

Memphis, TN

Total Revenue
$781,508
Total Expenses
$546,317
Total Assets
$717,723
Net Assets
$520,221
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
Abigail E Phillips
Phone
9013400529
Tax Period
2023-07-01 to 2024-06-30

Arrow Creative Inc, founded in 2017, is a small nonprofit that reported $782K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $235K, a strong 30% operating margin.

Mission

Our Mission is to make art more accessible in order to inspire the creative spirit in all Memphians.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $498,975
Program Service Revenue $213,567
Investment Income $1,116
Other Revenue $67,850
TOTAL REVENUE $781,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $205,561
Fundraising Expenses $0
Program Expenses $488,735
Other Expenses $340,756
TOTAL EXPENSES $546,317

Year-over-Year Comparison

2023 2022 Change
Revenue $781,508 $533,150 +0.5%
Expenses $546,317 $563,488 0.0%
Net Income $235,191 $-30,338 -8.8%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
20

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
6
$15,000
Total Directors
6
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abigail Phillips Board Chair 15.00
Officer Director
$15,000 $0 $15,000
Dorothy Collier Board Member 0.35
Officer Director
$0 $0 $0
Lauran Stimac Board Member 0.35
Officer Director
$0 $0 $0
Nikki Lekhy Dean Board Member 0.35
Officer Director
$0 $0 $0
Dawn Kimble Board Member 0.35
Officer Director
$0 $0 $0
Afshan Latif Kirk Board Member 0.35
Officer Director
$0 $0 $0
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 $781,508 $546,317 $717,723 $235,191
2023 $533,150 $563,488 $630,514 $-30,338
2022 $566,677 $370,474 $642,781 $196,203
2021 $249,183 $299,893 $483,407 $-50,710
2020 $130,175 $243,622 $379,584 $-113,447
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Arrow Creative Inc with other nonprofits in Tennessee and across the country.