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
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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 that empowers individuals, strengthens communities, and builds 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.

Program Service Accomplishments

Program 1
Expenses: $66,896 Revenue: $56,430

Arts Alive Seniors Outreach Program: Our Arts Alive program at County Senior Centers, rec centers, and senior living communities provides the opportunity for seniors to join actively in various forms...

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Arts Alive Seniors Outreach Program: Our Arts Alive program at County Senior Centers, rec centers, and senior living communities provides the opportunity for seniors to join actively in various forms of art and movement with other seniors, building connections and honing new skills. Led by skilled teaching artists, seniors experience thinking, creativity, and experimenting and report "wonderful feelings... very happy and fulfilled."

Program 2
Expenses: $50,674 Revenue: $53,949

Youth ArtBeat: Carpe Diem Arts' out-of-school time programming for elementary through high school students, Youth ArtBeat introduces various art forms to help children and youth express themselves...

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Youth ArtBeat: Carpe Diem Arts' out-of-school time programming for elementary through high school students, Youth ArtBeat introduces various art forms to help children and youth express themselves, while they build friendships, find mentors, and even get homework help. While studies show this type of program has a positive impact on a child's communication skills, sense of self-worth, and acceptance of others, it also fosters an often long-ranging interest in the arts. These programs are offered through creative partnerships with housing organizations, other non-profits, and local public schools, and are made possible through grants, partner funding, and individual donor support.

Program 3
Expenses: $52,784 Revenue: $2,780

Ukes on the Move: The Ukes on the Move program offers the spark to ingnite the imaginations of young students, typically in the third grade, while also providing the experience of success in...

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Ukes on the Move: The Ukes on the Move program offers the spark to ingnite the imaginations of young students, typically in the third grade, while also providing the experience of success in acquiring a skill that is tangible and real. Across 6 weekly sessions, students learn 3-4 simple chords and basic strumming techniques, enough to be able to play hundreds, even thousands of songs. Students also collaborate on a class song, with the support of our teaching artist. In-school performances and field trips to perform outside the school help to build students' confidence in their new music-making skills, and that confidence carries over into other areas of their life. Modeling the ukulele instruction for the school's music teacher and providing a classroom set of ukuleles makes the learning sustainable.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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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
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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
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