artEquity Community

EIN: 831936722 501(c)(3) Arts, Culture & Humanities

Pasadena, CA

Total Revenue
$332,772
Total Expenses
$969,459
Total Assets
$983,635
Net Assets
$959,114
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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
CA
Principal Officer
Carmen Morgan
Phone
6266644829
Tax Period
2024-07-01 to 2025-06-30

artEquity Community, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $333K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $969K exceeded revenue, resulting in a 191% operating deficit.

Mission

Launched in 2015 as a national initiative, artEquity provides tools, resources, and training at the intersection of art and activism. With over 15000 individuals trained and a growing alumni community, artEquity is building a broad base of individuals and organizations who are strategically poised to create and sustain a culture of equity, inclusion, and justice through arts and culture.

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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 (2024)

Revenue Breakdown

Contributions & Grants $307,957
Program Service Revenue $0
Investment Income $0
Other Revenue $24,815
TOTAL REVENUE $332,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $668,568
Fundraising Expenses $48,472
Program Expenses $727,095
Other Expenses $300,891
TOTAL EXPENSES $969,459

Year-over-Year Comparison

2024 2023 Change
Revenue $332,772 $1,095,554 -0.7%
Expenses $969,459 $1,011,942 0.0%
Net Income $-636,687 $83,612 -8.6%
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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Governance

Voting Members
6
Independent Members
5
Employees
9
Volunteers
4

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
1
$101,719
Total Directors
6
$101,719
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmen Morgan Executive Dir. 40.00
Officer Director
$101,719 $0 $101,719
Nijeul Xaviere Porter President 5.00
Director
$0 $0 $0
Tiffany Joy Wilhelm Treasurer 5.00
Director
$0 $0 $0
Melissa Kievman Secretary 5.00
Director
$0 $0 $0
Chiedu Egbunewe Trustee 5.00
Director
$0 $0 $0
Quita Sullivan Trustee 5.00
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
2025 $332,772 $969,459 $983,635 $-636,687
2024 No data No data No data No data
2023 $1,217,069 $951,215 $1,559,540 $265,854
2022 $649,989 $542,520 $1,433,631 $107,469
2021 $1,164,428 $496,947 $1,353,258 $667,481
2020 $1,051,738 $568,428 $549,913 $483,310
2019 $647,040 $573,583 $159,833 $73,457
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