DESTIN COMMONS ARTS & ENTERTAINMEN… - Form 990 Financial Data

🔒

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

BROOKE JOHNSON

Phone

8503378700

Tax Period

2024-01-01 to 2024-12-31

DESTIN COMMONS ARTS & ENTERTAINMENT INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $340K in total revenue in fiscal year 2024. The organization ran a surplus of $59K, a strong 17% operating margin.

Mission

TO PROVIDE FUNDING OF ENTERTAINMENT EVENTS, PROMOTION AND MARKETING OF EVENTS AND RELATED ARTS PROGRAMS TO BENEFIT THE VISITORS AND CUSTOMERS OF DESTIN COMMONS.

Program Service Accomplishments

Program 1

Expenses: $280,733

PROVIDING FUNDING OF ENTERTAINMENT EVENTS, PROMOTION AND MARKETING OF EVENTS AND RELATED ARTS PROGRAMS THAT BENEFIT THE VISITORS AND CUSTOMERS OF DESTIN COMMONS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $339,937

Investment Income $0

Other Revenue $0

TOTAL REVENUE $339,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $280,733

Other Expenses $280,733

TOTAL EXPENSES $280,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$339,937	$353,177	0.0%
Expenses	$280,733	$298,902	-0.1%
Net Income	$59,204	$54,275	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA JOHNSEY	SECRETARY	2.00	Officer Director	$0	$0	$0
BROOKE JOHNSON	TREASURER	2.00	Officer 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	$339,937	$280,733	$431,083	$59,204
2023	$353,177	$298,902	$371,879	$54,275
2022	$314,860	$211,517	$317,604	$103,343
2021	$222,011	$101,197	$214,261	$120,814

DESTIN COMMONS ARTS & ENTERTAINMENT INC