Blue Lapis Light Inc

EIN: 900141410 501(c)(3) Arts, Culture & Humanities

Austin, TX

Total Revenue
$584,793
Total Expenses
$533,503
Total Assets
$846,058
Net Assets
$834,950
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TX
Principal Officer
Sally Jacques
Phone
5127369700
Tax Period
2023-01-01 to 2023-12-31

Blue Lapis Light Inc, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $585K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $534K left a modest 9% surplus.

Mission

Our mission is to create transcendent works of beauty that are offered as prayers for the planet by creating site-specific aerial dance works that align with our times and encompass our human experience. Blue Lapis Light transforms urban spaces and engages the environment and architecture with movement and music and is committed to diversity by providing equitable opportunities for artists, teachers, students and underserved communities.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $421,178
Program Service Revenue $170,615
Investment Income $1,624
Other Revenue $-8,624
TOTAL REVENUE $584,793

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,753
Fundraising Expenses $27,471
Program Expenses $395,807
Other Expenses $288,750
TOTAL EXPENSES $533,503

Year-over-Year Comparison

2023 2022 Change
Revenue $584,793 $456,153 +0.3%
Expenses $533,503 $375,414 +0.4%
Net Income $51,290 $80,739 -0.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
65

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
5
$159,500
Total Directors
11
$89,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sally Jacques CEO 40.00
Officer Director
$89,000 $0 $89,000
Jessica Nero Executive Dir. 40.00
Officer
$70,500 $0 $70,500
Evalyn Stroud President 6.00
Officer Director
$0 $0 $0
Tracey Ramsey-Abbott Vice President 3.00
Officer Director
$0 $0 $0
Sarah Racanelli-Carter Treasurer 5.00
Officer Director
$0 $0 $0
Colleen Terkel Director 2.00
Director
$0 $0 $0
Peter Mills Director 3.00
Director
$0 $0 $0
John Rosato Director 1.00
Director
$0 $0 $0
Ted Young Director 2.00
Director
$0 $0 $0
Faalon Andrews Director 2.00
Director
$0 $0 $0
Diana Zuniga Director 3.00
Director
$0 $0 $0
Paul Harford Director 2.00
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 No data No data No data No data
2023 $584,793 $533,503 $846,058 $51,290
2022 $456,153 $375,414 $840,098 $80,739
2021 $434,212 $350,785 $940,088 $83,427
2020 $339,220 $296,491 $867,866 $42,729
2018 $507,575 $428,588 $811,389 $78,987
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