CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALT SPACE CHICAGO, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $649K in total revenue in fiscal year 2023. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $285K, a strong 44% operating margin.
For those seeking positive change in the world, alt_ is a contagious, artist-led engine that undertakes tangible acts of service by using art and faith as tools for reinvesting in self-sufficient communities at a time when past and present injustices spur us to cillectively imagine our best future.
A COLLABORATION between Jon Veal and Jordan Campbell, Alt Space Chicago abbreviated alt_ was created in response to the trauma of the Black community and the belief that art could be used as a tool...
A COLLABORATION between Jon Veal and Jordan Campbell, Alt Space Chicago abbreviated alt_ was created in response to the trauma of the Black community and the belief that art could be used as a tool for healing. Campbells family history of community stewardship + entrepreneurship and Veals lifelong passion for art merged to positively disrupt their communities through tangible acts of service. Sharing the mutual motivators of family, community, change and servanthood, Veal and Campbell moved forward to create alt_. Since its inception, alt_ has expanded into an artist-led, Chicago-based cultural non-profit that is dedicated to revitalization + service + empowerment through art, faith, and community. alt_ provides an alternative to the dominant cultural narrative, manifesting new opportunities on the South and West Sides of Chicago.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $648,527 | $250,000 | +1.6% |
| Expenses | $363,265 | $47,398 | +6.7% |
| Net Income | $285,262 | $202,602 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JORDAN CAMPBELL | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOI FREEMAN | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| CHRIS PAICELY | Vice President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| NORMAN TEAGUE | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $648,527 | $363,265 | $525,633 | $285,262 |
| 2022 | $250,000 | $47,398 | $240,371 | $202,602 |
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