THE LINDSAY SCHOOL OF THE ARTS

EIN: 832021240 501(c)(3) Arts, Culture & Humanities

FORT PIERCE, FL

Total Revenue
$601,927
Total Expenses
$697,076
Total Assets
$50,274
Net Assets
$-127,037
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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
FL
Principal Officer
CYNTHIA BRIDGES
Phone
7723438551
Tax Period
2023-11-01 to 2024-10-31

THE LINDSAY SCHOOL OF THE ARTS, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $602K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $697K exceeded revenue, resulting in a 16% operating deficit.

Mission

DEDICATED TO TEACH, ENCOURAGE, MENTOR, MOLD AND MOTIVATE THROUGH ALL ASPECTS OF CREATIVITY FOR THE ARTS.

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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 $601,927
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $601,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $441,856
Fundraising Expenses $0
Program Expenses $419,493
Other Expenses $255,220
TOTAL EXPENSES $697,076

Year-over-Year Comparison

2023 2022 Change
Revenue $601,927 $515,058 +0.2%
Expenses $697,076 $540,953 +0.3%
Net Income $-95,149 $-25,895 +2.7%
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
5
Independent Members
5
Employees
11
Volunteers
10

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
$41,200
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA BRIDGES CEO 40.00
Officer
$0 $0 $41,200
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 $601,927 $697,076 $50,274 $-95,149
2023 $515,058 $540,953 $12,803 $-25,895
2022 $348,291 $355,443 $8,187 $-7,152
2021 $274,794 $270,938 $15,339 $3,856
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