CULTUREVERSE (EIN 863938363) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

JEFF MACHAK

Phone

7349453068

Tax Period

2024-01-01 to 2024-12-31

CULTUREVERSE, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $280K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE CULTUREVERSE MISSION IS TO SERVE THE LOCAL AND GLOBAL COMMUNITY BY EXPANDING OPPORTUNITIES TO ACCESS AND EXPERIENCE PROJECTS, STORYTELLING, AND CREATIVE EXPRESSION OF ARTISTS, EDUCATORS, STUDENTS, AND PRESERVATIONISTS. WE PROVIDE TECHNOLOGY, TRAINING, CONSULTATION, AND OTHER RESOURCES IN ORDER TO CREATE EQUITABLE AND SUSTAINABLE OPPORTUNITIES. WE AIM TO BRIDGE THE GAP BETWEEN CREATOR AND COMMUNITY SO THAT ALL PEOPLE MAY BE ENRICHED BY THE EVER-EXPANDING BREADTH OF ART AND KNOWLEDGE.

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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 $279,500

Program Service Revenue $0

Investment Income $0

Other Revenue $4

TOTAL REVENUE $279,504

Expense Breakdown

Grants Paid $412

Salaries & Benefits $284,009

Fundraising Expenses $0

Program Expenses $235,679

Other Expenses $73,920

TOTAL EXPENSES $358,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,504	$690,554	-0.6%
Expenses	$358,341	$749,015	-0.5%
Net Income	$-78,837	$-58,461	+0.3%

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

$42,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF MACHAK	EXECUTIVE DIRECTOR	20	Officer	$42,692	$0	$42,692
DONALD HICKS	PRESIDENT	1	Officer Director	$0	$0	$0
DIANA FLEYSHER	TREASURER	1	Officer Director	$0	$0	$0
PAUL POTTER	SECRETARY	1	Officer 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	$279,504	$358,341	$41,961	$-78,837
2023	$690,554	$749,015	$132,442	$-58,461
2022	$851,017	$792,824	$196,068	$58,193
2021	$513,282	$462,666	$67,340	$50,616

CULTUREVERSE