STANWOOD-CAMANO ARTS ADVOCACY COMM… - Form 990 Financial Data

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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

2020

Legal Domicile

Principal Officer

JASON DORSEY

Phone

7186085117

Tax Period

2024-01-01 to 2024-12-31

STANWOOD-CAMANO ARTS ADVOCACY COMMISSION, founded in 2020, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $730K, a strong 67% operating margin.

Mission

Stanwood Camano Arts Advocacy Commission (SCAAC) builds community by partnering, educating, celebrating, and advocating for the arts.

Program Service Accomplishments

Program 1

Expenses: $280,723 Revenue: $43,750

THE ORGANIZATION FACILITATES ARTS EDUCATION AND ACCESS TO THE ARTS IN THE STANWOOD-CAMANO COMMUNITY, SUPPORTS LOCAL ARTISTS, AND PROMOTES 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $910,968

Program Service Revenue $43,750

Investment Income $132,133

Other Revenue $1,250

TOTAL REVENUE $1,088,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,296

Fundraising Expenses $36,472

Program Expenses $280,723

Other Expenses $238,803

TOTAL EXPENSES $358,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,088,101	$3,390,164	-0.7%
Expenses	$358,099	$230,034	+0.6%
Net Income	$730,002	$3,160,130	-0.8%

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

$73,548

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE OLSON	Executive Dir.	40.00	Director	$73,548	$0	$73,548
JUDITH FERNANDES	MEMBER	2.00	Director	$0	$0	$0
KARLA MATZKE	Vice President	5.00	Officer Director	$0	$0	$0
JASON DORSEY	President	5.00	Officer Director	$0	$0	$0
ROSE OLSON	Treasurer	20.00	Officer Director	$0	$0	$0
SAM FAIRLEY	MEMBER	2.00	Director	$0	$0	$0
CARM PIERCE	MEMBER	2.00	Director	$0	$0	$0
DEANNA LANE	MEMBER	2.00	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
2024	$1,088,101	$358,099	$4,635,297	$730,002
2023	$3,390,164	$230,034	$3,898,704	$3,160,130
2022	$776,218	$82,996	$701,110	$693,222

STANWOOD-CAMANO ARTS ADVOCACY COMMISSION