Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IMPACT ARTS INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $351K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.
Impact Artss mission is to transform our community through accessible arts education and outstanding artistic experiences.
In 2023, SSA produced multiple live performances, reaching an audience of over 5,000 community members. It trained over 100 young artists, fostering artistic growth, technical skills, and lifelong...
In 2023, SSA produced multiple live performances, reaching an audience of over 5,000 community members. It trained over 100 young artists, fostering artistic growth, technical skills, and lifelong relationships. SSA strengthened the local arts ecosystem by cultivating a pipeline of talent prepared for collegiate and professional opportunities. The program directly addressed the loss of arts culture by providing accessible, professional-quality theatre in Austin.
In 2023, TAP hosted a summer camp attended by 50 students, providing intensive training in diverse arts disciplines. The program offered scholarships to ensure access for students with financial...
In 2023, TAP hosted a summer camp attended by 50 students, providing intensive training in diverse arts disciplines. The program offered scholarships to ensure access for students with financial need, leveling the playing field for arts education. TAP strengthened the skills and creativity of participants, preparing them for advanced studies and enriching the regional arts landscape.
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 | $350,870 | $256,804 | +0.4% |
| Expenses | $357,011 | $279,171 | +0.3% |
| Net Income | $-6,141 | $-22,367 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| DONELVAN THIGPEN | CHIEF OPERATING OFFICER | 30.00 |
Officer
Director
|
$17,500 | $0 | $17,500 |
| GINGER MORRIS | CHIEF EXECUTIVE OFFICER | 50.00 |
Officer
Director
|
$0 | $0 | $0 |
| VICTOR VILLALOBOS | CHIEF FINANCIAL OFFICER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $350,870 | $357,011 | $17,999 | $-6,141 |
| 2022 | $256,804 | $279,171 | $22,302 | $-22,367 |
| 2021 | $267,009 | $223,815 | $45,075 | $43,194 |
Compare IMPACT ARTS INC with other nonprofits in Texas and across the country.