Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VAPA CENTER, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $579K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $543K left a modest 6% surplus.
The VAPA Center cultivates accessible exhibition and creative work-spaces to inspire and nurture the relationship between artists and the community, providing facilities to artist at cost significantly below market value. Exhibition, performance, and office spaces are provided at costs of $2.5 - $4.5 per square foot, as opposed to $18-$20 per square foot market rate.
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 | $578,900 | $481,957 | +0.2% |
| Expenses | $542,668 | $516,417 | +0.1% |
| Net Income | $36,232 | $-34,460 | -2.1% |
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 |
|---|---|---|---|---|---|---|
| Arthur Rogers | Executive Director | 50 |
Officer
Key Emp
Highest
|
$74,567 | $0 | $74,567 |
| Ron Baldwin | Chair | 5 |
Director
|
$0 | $0 | $0 |
| Ladarius Thompson | Vice Chair | 1 |
Director
|
$0 | $0 | $0 |
| Julio Gonzalez | Treasurer | 2 |
Director
|
$0 | $0 | $0 |
| Wendy Fishman | Secretary | 0 |
Director
|
$0 | $0 | $0 |
| Keli Semelsberger | Immediate Past Chair | 1 |
Director
|
$0 | $0 | $0 |
| Natalie Allen | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Rich Cooper | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Anna Montgomerie | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Evan Nogay | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Joanne Rogers | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kay Tuttle | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Sydney Weaver-Bey | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $578,900 | $542,668 | $98,081 | $36,232 |
| 2023 | $481,957 | $516,417 | $79,857 | $-34,460 |
| 2022 | $370,413 | $335,311 | $36,802 | $35,102 |
Compare VAPA CENTER with other nonprofits in North Carolina and across the country.