Palenke Arts

🔒

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

2018

Legal Domicile

Principal Officer

Juan Sanchez

Phone

8313336612

Tax Period

2023-07-01 to 2024-06-30

Palenke Arts, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $858K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $326K, a strong 38% operating margin.

Mission

Palenke Arts is a multicultural arts Organization whose mission is to educate, inspire and transform the community of Seaside through the arts.

Program Service Accomplishments

Program 1

Expenses: $484,457

Palenke Arts exists to create a safe, vibrant and inclusive multicultural arts center in the city of Seaside that will benefit all of the Monterey Peninsula. We aim to uplift youth voices, inspire...

Palenke Arts exists to create a safe, vibrant and inclusive multicultural arts center in the city of Seaside that will benefit all of the Monterey Peninsula. We aim to uplift youth voices, inspire creativity and transform our community into a place where everyone feels seen, valued and welcomed through the healing power of the arts.

🔒

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 $812,883

Program Service Revenue $45,374

Investment Income $0

Other Revenue $0

TOTAL REVENUE $858,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,733

Fundraising Expenses $0

Program Expenses $484,457

Other Expenses $194,124

TOTAL EXPENSES $531,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$858,257	$492,500	+0.7%
Expenses	$531,857	$326,250	+0.6%
Net Income	$326,400	$166,250	+1.0%

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

N/A

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

$108,958

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Juan Sanchez	Executive Dir.	40.00	Director	$108,958	$0	$108,958
Sasha Zarinana	Director	1.00	Director	$0	$0	$0
Maria Guadalupe Jara	Director	1.00	Director	$0	$0	$0
Margaret Dominguez	Secretary	1.00	Director	$0	$0	$0
Alfred Forest	Treasurer	1.00	Director	$0	$0	$0
Michelle Overmeyer	Director	1.00	Director	$0	$0	$0
Dr Manny Nunez	President	1.00	Director	$0	$0	$0
Jenny McAddams	Director	30.00	Director	$0	$0	$0
Kalyn Foliaki	Director	1.00	Director	$0	$0	$0
Lloyd Martin	Director	1.00	Director	$0	$0	$0
JT Mason	Director	1.00	Officer	$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	$858,257	$531,857	$1,818,589	$326,400
2023	$492,500	$326,250	$576,610	$166,250
2022	$425,600	$277,051	$239,450	$148,549
2021	$222,501	$141,322	$104,160	$81,179