CARPE DIEM ARTS INC

EIN: 814336754 501(c)(3) Arts, Culture & Humanities

Silver Spring, MD

Total Revenue
$428,601
Total Expenses
$448,795
Total Assets
$85,700
Net Assets
$13,957
🔒

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
2016
Legal Domicile
MD
Principal Officer
Peggy Sue Busy Graham
Phone
3014660183
Tax Period
2023-07-01 to 2024-06-30

CARPE DIEM ARTS INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $429K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Carpe Diem Arts' mission is to inspire creative self-expression to empower individuals, strengthen communities, and build better futures. Through shared arts experiences, individuals of diverse age and culture discover hidden talents and new interests, develop socio-emotional skills, experience personal growth, and build lasting relationships. Led by professional teaching artists, our programs engage and excite participants and help shape our collective tomorrow, bringing the arts to life in ways that matter.

🔒

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 $259,706
Program Service Revenue $168,895
Investment Income $0
Other Revenue $0
TOTAL REVENUE $428,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,578
Fundraising Expenses $11,241
Program Expenses $338,828
Other Expenses $308,217
TOTAL EXPENSES $448,795

Year-over-Year Comparison

2023 2022 Change
Revenue $428,601 $347,802 +0.2%
Expenses $448,795 $375,134 +0.2%
Net Income $-20,194 $-27,332 -0.3%
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
7
Independent Members
7
Employees
8
Volunteers
8

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
$94,201
Total Directors
7
$600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy Sue Busy Graham Executive Director 55
Officer
$50,000 $0 $50,000
Diane Dowling Chief Financial Officer 30
Officer
$44,201 $0 $44,201
Dianne Harrison Director 1
Director
$600 $0 $600
Ingrid Gorman Board Chair & Acting Treasurer 4
Director
$0 $0 $0
Paula Posas Director 1
Director
$0 $0 $0
Josephine Garnem Director 1
Director
$0 $0 $0
Tom Armstrong Secretary, Director 2
Director
$0 $0 $0
Cristina Frey Director 1
Director
$0 $0 $0
Mary Downs Director 1.5
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
2025 No data No data No data No data
2024 $428,601 $448,795 $85,700 $-20,194
2023 $347,802 $375,134 $78,925 $-27,332
2022 $294,777 $295,110 $89,070 $-333
2021 $197,604 $182,589 $82,443 $15,015
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CARPE DIEM ARTS INC with other nonprofits in Maryland and across the country.