SEASUN THEATRE ARTIST GROUP (EIN 834190434) - 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

2019

Legal Domicile

Principal Officer

CLARA KIM SHIN

Phone

2135005824

Tax Period

2023-01-01 to 2023-12-31

SEASUN THEATRE ARTIST GROUP, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $157K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO PROMOTE THE DEVELOPMENT OF ARTISTIC CULTURE IN OUR LOCAL COMMUNITY THROUGH MUSIC AND PERFORMANCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,393

Program Service Revenue $137,768

Investment Income $0

Other Revenue $0

TOTAL REVENUE $157,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,954

Fundraising Expenses $0

Program Expenses $166,417

Other Expenses $219,803

TOTAL EXPENSES $232,757

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,161	$388,588	-0.6%
Expenses	$232,757	$309,948	-0.2%
Net Income	$-75,596	$78,640	-2.0%

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

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

$6,940

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WONHYEON CHOI	DIRECTOR	2.00	Director	$6,940	$0	$6,940
CLARA KIM SHIN	CEO	5.00	Officer Director	$0	$0	$0
KUKHYUNG YUN	DIRECTOR	2.00	Director	$0	$0	$0
SUNGLYE KANG	SECRETARY	2.00	Officer	$0	$0	$0
WON CHUL SHIN	CFO	2.00	Officer	$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	No data	No data	No data	No data
2023	$157,161	$232,757	$64,110	$-75,596
2022	$388,588	$309,948	$141,080	$78,640

SEASUN THEATRE ARTIST GROUP