TKDUBS PRODUCTIONS

EIN: 831929716 501(c)(3) Arts, Culture & Humanities

DURHAM, NC

Total Revenue
$82,236
Total Expenses
$80,466
Total Assets
$1,967
Net Assets
$1,967
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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
NC
Principal Officer
Rissi Palmer
Tax Period
2022-01-01 to 2022-12-31

TKDUBS PRODUCTIONS, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $82K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring.

Mission

Providing financial assistance to dozens of BIPOC, LGBTQ+, disabled artists who add to the rich fabric of roots & country music

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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 (2022)

Revenue Breakdown

Contributions & Grants $48,343
Program Service Revenue $33,893
Investment Income $0
Other Revenue $0
TOTAL REVENUE $82,236

Expense Breakdown

Grants Paid $2,823
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,376
Other Expenses $77,643
TOTAL EXPENSES $80,466

Year-over-Year Comparison

2022 2021 Change
Revenue $82,236 $237,346 -0.7%
Expenses $80,466 $247,431 -0.7%
Net Income $1,770 $-10,085 -1.2%
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

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
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
2
$30,336
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rissi Palmer Executive Dir 35
Officer
$0 $0 $0
Kelly McCartne Fmr Director 35
Officer
$30,336 $0 $30,336
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
2022 $82,236 $80,466 $1,967 $1,770
2021 $237,346 $247,431 $197 $-10,085
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