Basin Arts (EIN 823669789) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

3377815008

Tax Period

2024-01-01 to 2024-12-31

Basin Arts, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $234K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $214K left a modest 9% surplus.

Mission

BASIN ARTS CREATES OPPORTUNITIES FOR ARTISTIC EXPRESSION ACROSS GENERATIONS AIMED AT ENHANCING THE ARTISTIC IDENTITY OF THE LOCAL COMMUNITY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,285

Program Service Revenue $138,551

Investment Income $3

Other Revenue $14,263

TOTAL REVENUE $234,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,785

Fundraising Expenses $4,175

Program Expenses $113,132

Other Expenses $178,731

TOTAL EXPENSES $214,076

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,102	$193,160	+0.2%
Expenses	$214,076	$191,825	+0.1%
Net Income	$20,026	$1,335	+14.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLARE COOK	Director	2.00	Officer Director	$0	$0	$0
JOHANNA DIVINE	Treasurer	1.00	Officer Director	$0	$0	$0
PAUL KIEU	President	1.00	Officer Director	$0	$0	$0
ROSS ROUBION	Secretary	1.00	Officer Director	$0	$0	$0
ERICA FOX	Director	1.00	Director	$0	$0	$0
JI DAILY	Director	1.00	Director	$0	$0	$0
DRAKE LEBLANC	Director	1.00	Director	$0	$0	$0
MOLLY ROWE	Director	1.00	Director	$0	$0	$0
KELLI KAUFMAN	Vice President	1.00	Officer Director	$0	$0	$0
KELLY NELSON	MEMBER	1.00	Director	$0	$0	$0
KRISTEN TRAHAN	Director	1.00	Director	$0	$0	$0
MICHAEL ADLEY	Director	1.00	Director	$0	$0	$0
TALA EHSAN	Director	1.00	Director	$0	$0	$0
BLAIR WERNER GREEN	Director	1.00	Director	$0	$0	$0
TAYLOR BOURQUE	Director	1.00	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	$234,102	$214,076	$84,570	$20,026
2023	$193,160	$191,825	$68,893	$1,335
2022	$204,263	$194,980	$63,758	$9,283
2021	$170,194	$137,788	$57,610	$32,406
2020	$117,771	$123,937	$26,130	$-6,166
2019	$154,684	$149,036	$28,898	$5,648
2018	$103,323	$86,735	$18,231	$16,588

Basin Arts