Matthews, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Theatre Gap Initiative, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $363K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.
The Theatre Gap Initiative (TGI) is a nonprofit college-prep program for high school graduates who aspire to apply for Bachelor of Fine Arts (BFA) and conservatory programs. TGI's programming, launched in 2021, is focused on helping students of color and those who are economically disadvantaged successfully navigate the process of applications, prescreens, and auditions. In addition to theatre-arts instruction, TGI students also receive guidance with college preparation, including access to financial aid and college admissions counselors and classes on stress management, budgeting, time management, and conflict resolution.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $362,664 | $391,298 | -0.1% |
| Expenses | $387,933 | $326,731 | +0.2% |
| Net Income | $-25,269 | $64,567 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| Sharon Washington | President | 0.00 |
Director
|
$0 | $0 | $0 |
| Will Teichman | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Nucci | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Mark Wade | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Ann Todd | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Robin Simmons Blackwell | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Mekhai Lee | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Rick Edinger | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Desirae Thomas | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $362,664 | $387,933 | $40,375 | $-25,269 |
| 2024 | $391,298 | $326,731 | $47,590 | $64,567 |
| 2023 | $221,541 | $248,409 | $33,702 | $-26,868 |
Compare Theatre Gap Initiative with other nonprofits in North Carolina and across the country.