URBAN ARTS COLLECTIVE

EIN: 883329587 501(c)(3) 501(c)(3) Corporation

919 MORRELL AVE, DALLAS, TX, 752033354

Total Revenue
$382,633
Total Expenses
$365,450
Total Assets
$45,233
Net Assets
$45,233

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
0.12
⚠ Vulnerable — <3 mo. reserves
Revenue Concentration
0.41
✓ Diversified
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
4.5%
~ Thin Margin — Minimal buffer
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
~ MODERATE
2/4 flags
Equity deficiency (<0.25) 🚩 Flagged
Revenue concentration (>0.60) ✓ Pass
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) ✓ Pass

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Principal Officer
Jiles King
Phone
2147023371
Tax Period
January 2024 - December 2024

URBAN ARTS COLLECTIVE is a 501(c)(3) with EIN 883329587, based in 919 MORRELL AVE, DALLAS, TX, 752033354. Founded in 2022, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $382,633 in total revenue and $365,450 in total expenses, with net assets of $45,233. Its Trantor Score is 628 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

Urban Arts Collective uses theater to share stories from a black and brown perspective. The most significant activities include the Urban Arts Festival, Urban Arts Summer Camp production of "The Lion King", productions of "SOUL: In the Key of Black," "Love You Madly: Celebrating the Music and Legacy of Duke Ellington," "By the Way, Meet Vera Stark," "Lion King, Jr" as well as The BLK Museum.

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

628
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.46
+100 pts
Solvency (30%)
0.69
+113 pts
Sustainability (20%)
0.80
+87 pts
Efficiency (10%)
0.50
+27 pts
Learn more about the Trantor Score methodology →

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,500
Program Service Revenue $0
Investment Income $0
Other Revenue $213,133
TOTAL REVENUE $382,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,650
Fundraising Expenses $0
Program Expenses $242,540
Other Expenses $194,800
TOTAL EXPENSES $365,450

Year-over-Year Comparison

2024 2023 Change
Revenue $382,633 $231,684 +65.2%
Expenses $365,450 $169,410 +115.7%
Net Income $17,183 $62,274 -72.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
18.08
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Cash Reserve
0.8
Months of expenses covered
Cash to Assets
51.1%
Liquid asset ratio
Working Capital
$36,333
Current assets − liabilities

Solvency & Debt Position

Debt Ratio
0.0%
Liabilities / Assets (lower is better)
Debt to Net Assets
0.00
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
0.0%
Program revenue / Total revenue
Donation Dependence
44.3%
Contributions / Total revenue
Revenue Concentration
55.7%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
8.46x
Revenue / Assets
Expense Coverage
1.5
Months can operate w/o income
Surplus Margin
4.5%
Net income / Revenue

Growth Indicators

Net Assets Growth
61.3%
Year-over-year change

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
35

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jiles King Producing Executive Director 40.00
Highest
$50,000 $0 $50,000
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 $382,633 $365,450 $45,233 $17,183
2023 $231,684 $169,410 $28,050 $62,274
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