MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CONTEMPORARY ARTS MEMPHIS, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $804K, a strong 46% operating margin.
THE ORGANIZATION'S MISSION IS TO PROVIDE EDUCATION IN THE ARTS TO YOUNG ADULTS AND TO SUPPORT ARTISTS GENERALLY, PARTICULARLY THOSE FROM AN UNDERPRIVELEGED OR LOW-INCOME BACKGROUND OR WHO WOULD OTHERWISE FACE HARDSHIP OR BARRIERS TO ENTRY IN PURSUING ART AND ART EDUCATION OR IN ENTERING THE ART WORLD.
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 | $1,757,755 | $902,448 | +0.9% |
| Expenses | $953,704 | $685,433 | +0.4% |
| Net Income | $804,051 | $217,015 | +2.7% |
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 |
|---|---|---|---|---|---|---|
| BRIAN COHEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK FORDJOUR | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ISAAC FORDJOUR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LIA FORDJOUR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAUREN KENNEDY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| YASHUA KLOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA OPOKU | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLIOT PERRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MANON SLOME | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ED STANTON III | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY KEITH | CFO | 10.00 |
Officer
|
$8,156 | $0 | $8,156 |
| CHRISTY GILMOUR | CSO | 10.00 |
Officer
|
$69,715 | $0 | $69,715 |
| DEREK PATTERSON | EXECUTIVE DIRECTOR | 10.00 |
Officer
|
$77,746 | $0 | $77,746 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,757,755 | $953,704 | $1,670,122 | $804,051 |
| 2023 | $902,448 | $685,433 | $287,236 | $217,015 |
Compare CONTEMPORARY ARTS MEMPHIS with other nonprofits in Tennessee and across the country.