BURIEN ARTS ASSOCIATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

GRACE STILLER

Phone

2068800928

Tax Period

2024-01-01 to 2024-12-31

BURIEN ARTS ASSOCIATION, founded in 1966, is a micro nonprofit that reported $22K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $21K left a modest 4% surplus.

Mission

To enrich the lives of all members of the Burien and Highline communities through the arts.

Program Service Accomplishments

Program 1

Expenses: $7,072 Revenue: $844

ANNUAL ART GALA WITH LOCAL ARTISTS EXHIBITING ORIGINAL ARTWORK FOR HIGHLINE COMMUNITIES.

Program 2

Expenses: $1,635 Revenue: $180

BURIEN ART MARKET IN THE GARDEN FEATURES THE WORK OF LOCAL ARTISTS AND ARTISANS ALONG WITH LOCAL MUSICAL PERFORMERS.

Program 3

ART CLASSES FOR ALL AGES. INCLUDES PAINTING, DRAWING, MULITMEDIA, AND SCULPTURE TECHNIQUES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,500

Program Service Revenue $1,329

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,207

Other Expenses $20,984

TOTAL EXPENSES $20,984

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,829	$27,399	-0.2%
Expenses	$20,984	$45,592	-0.5%
Net Income	$845	$-18,193	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE STILLER	PRESIDENT	10.00	Officer Director	$0	$0	$0
CYDNEY MOORE	TRUSTEE	2.00	Director	$0	$0	$0
ARMANDO RAMOS	SECRETARY	2.00	Officer Director	$0	$0	$0
CLAIRE YURDIN	TRUSTEE	3.00	Director	$0	$0	$0
SAHILY MCMILLAN	TRUSTEE	1.00	Director	$0	$0	$0
AMBAR DE KOKMERCADO	TRUSTEE	1.00	Director	$0	$0	$0
ESSA BAIRD	TRUSTEE	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	$21,829	$20,984	$22,574	$845
2023	$27,399	$45,592	$19,546	$-18,193
2022	$42,973	$41,753	$37,739	$1,220
2021	$26,711	$23,439	$36,519	$3,272
2019	$29,318	$21,855	$21,440	$7,463
2018	$34,329	$31,378	$13,977	$2,951