BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ART AND ADVOCACY SOCIETY, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $616K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 128% operating deficit.
THE CENTER FOR ART AND ADVOCACY (THE CENTER) WAS ESTABLISHED IN 2022 TO SERVE AS A DIRECT PATH TO SUSTAINABILITY AND EQUITY FOR ARTISTS DIRECTLY IMPACTED BY THE CRIMINAL LEGAL SYSTEM. BUILT ON THE SUCCESS OF THE RIGHT OF RETURN FELLOWSHIP (ROR), FOUNDED IN 2017 BY INTERNATIONALLY RENOWNED AND FORMERLY INCARCERATED ARTISTS JESSE KRIMES AND RUSSELL CRAIG, THE CENTER WAS CREATED TO PROVIDE A MULTI-PURPOSED NETWORK THAT ACTIVELY ENGAGES IN THE CONVERSATION ABOUT TRANSFORMATIVE JUSTICE PRACTICES-AND THE CRITICAL ROLE THEY PLAY IN THE ARTS COMMUNITY-AT LARGE.
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 | $615,824 | $6,680,615 | -0.9% |
| Expenses | $1,405,207 | $1,014,346 | +0.4% |
| Net Income | $-789,383 | $5,666,269 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| JESSE KRIMES | EXECUTIVE DIRECTOR | 40 |
Officer
|
$164,066 | $11,285 | $175,351 |
| KATE FOWLE | PRESIDENT | 2 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE INGRASSIA | TREASURER | 2 |
Officer
Director
|
$0 | $0 | $0 |
| DAVEEN TRENTMAN | SECRETARY | 2 |
Officer
Director
|
$0 | $0 | $0 |
| KATE CAPSHAW | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| DWAYNE BETTS | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| RUSSEL CRAIG | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| ASIA JOHNSON | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| BARBARA COLE LEE | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| TAMARA WHITE | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| RACHEL SHECHTMAN | BOARD MEMBER | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $615,824 | $1,405,207 | $7,288,617 | $-789,383 |
| 2024 | $6,680,615 | $1,014,346 | $7,659,565 | $5,666,269 |
| 2023 | $1,443,550 | $156,087 | $2,578,571 | $1,287,463 |
| 2023 | $2,052,465 | $175,587 | $3,187,485 | $1,876,878 |
Compare ART AND ADVOCACY SOCIETY with other nonprofits in New York and across the country.