Phoenix, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Arizona Citizens for the Arts, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $170K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $239K exceeded revenue, resulting in a 40% operating deficit.
Arts and Culture Advocacy A year round statewide advocacy effort focused on educating community opinion leaders and elected officials about the importance and impact of nonprofit arts and culture on our state. Our Arts Education and Outreach Initiative is an effort to expand support for standards based arts education in Arizona schools. Civic Engagement by arts supporters is a year round effort to educate arts supporters about public policy and elections and to encourage them to become engaged for the purposes of promoting more support for arts issues.
Arts and Culture Advocacy A year round statewide advocacy effort focused on educating community opinion leaders and elected officials about the importance and impact of nonprofit arts and culture on...
Arts and Culture Advocacy A year round statewide advocacy effort focused on educating community opinion leaders and elected officials about the importance and impact of nonprofit arts and culture on our state. Our Arts Education and Outreach Initiative is an effort to expand support for standards based arts education in Arizona schools. Civic Engagement by arts supporters is a year round effort to educate arts supporters about public policy and elections and to encourage them to become engaged for the purposes of promoting more support for arts issues.
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 | $170,457 | $335,175 | -0.5% |
| Expenses | $238,703 | $210,329 | +0.1% |
| Net Income | $-68,246 | $124,846 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Patrick McWhortor | CEO | 40 |
Officer
|
$105,000 | $0 | $105,000 |
| Russ Jones | Chair | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Rose Ann Forte | Vice Chair | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Eric McCarthy | Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Dawn Alexander | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Sam Campana | Emeritus Member | 2 |
Director
|
$0 | $0 | $0 |
| Backy Daggett | Member | 2 |
Director
|
$0 | $0 | $0 |
| Daniel Ortega | Member | 2 |
Director
|
$0 | $0 | $0 |
| Julie Richard | Member | 2 |
Director
|
$0 | $0 | $0 |
| Matt Rolland | Member | 2 |
Director
|
$0 | $0 | $0 |
| Fernando Shipley | Member | 2 |
Director
|
$0 | $0 | $0 |
| Mary Way | Member | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $170,457 | $238,703 | $91,656 | $-68,246 |
| 2023 | $335,175 | $210,329 | $161,836 | $124,846 |
| 2021 | $236,236 | $153,307 | $59,584 | $82,929 |
| 2020 | $238,276 | $285,189 | $17,397 | $-46,913 |
| 2019 | $244,083 | $281,709 | $17,965 | $-37,626 |
Compare Arizona Citizens for the Arts with other nonprofits in Arizona and across the country.