ASHEVILLE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASHEVILLE INDEPENDENT ARTS & MUSIC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $159K in total revenue in fiscal year 2025.
PRESERVE AND PROMOTE THE MUSIC AND ART SCENE IN WESTERN NORTH CAROLINA THROUGH LIVE STREAMING, FILMING, AND ARCHIVING CONCERTS AND AREA EVENTS
During the 2025 tax year, the organization implemented a disaster relief grant program in response to the significant impact of Hurricane Helene on the local arts community. The storm caused...
During the 2025 tax year, the organization implemented a disaster relief grant program in response to the significant impact of Hurricane Helene on the local arts community. The storm caused widespread disruptions, including prolonged closures of venues and loss of performance opportunities for artists. Through this program, the organization identified and provided financial assistance to over 100 local artists and 20 local venues & events. Grant funds were used to help stabilize operations, offset lost income, and support the resumption of artistic programming following an extended period of disruption. This program furthered the organizations mission by directly supporting the recovery and sustainability of the local arts ecosystem during a period of acute need.
The organization continued its core program of providing media coverage, promotion, and preservation of the local music and arts community. Through its community-based web platform, the organization...
The organization continued its core program of providing media coverage, promotion, and preservation of the local music and arts community. Through its community-based web platform, the organization captures live performances and events, making them freely accessible worldwide through live streaming and archived recordings. The organization takes pride in its non-exclusive coverage, showcasing a diverse blend of musical acts and performances. This program not only builds visibility and publicity for local artists, but also serves as a digital archive, preserving their work and expanding access to audiences beyond the local community. The organization covered numerous events throughout the year, generating significant online engagement through video views and impressions. This foundational program advances the organizations mission by supporting, promoting, and preserving the regions creative community.
The organization hosts the annual Music Video Asheville program, which invites local musicians to submit original music videos for consideration. Selected entries are curated into a 90-minute...
The organization hosts the annual Music Video Asheville program, which invites local musicians to submit original music videos for consideration. Selected entries are curated into a 90-minute showcase, which is presented at a public screening and awards event held in downtown Asheville. This program provides a platform for artists to share their work with the broader community while recognizing excellence in music and visual storytelling. The event fosters community engagement, supports local musicians, and celebrates the creativity and diversity of the areas arts scene.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $158,545 | N/A | N/A |
| Expenses | $159,202 | N/A | N/A |
| Net Income | $-657 | N/A | N/A |
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 |
|---|---|---|---|---|---|---|
| JOSHUA BLAKE | PRESIDENT | 20.00 |
Director
|
$21,820 | $0 | $21,820 |
| EDWARD SCOTT REESE | SECRETARY | 20.00 |
Officer
|
$2,400 | $0 | $2,400 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $158,545 | $159,202 | $25,750 | $-657 |
Compare ASHEVILLE INDEPENDENT ARTS & MUSIC with other nonprofits in North Carolina and across the country.