EMERALD EMPIRE ART ASSOCIATION INC

EIN: 930570075 501(c)(3) Arts, Culture & Humanities

SPRINGFIELD, OR

Total Revenue
$201,397
Total Expenses
$220,273
Total Assets
$715,014
Net Assets
$712,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
OR
Principal Officer
GUY WEESE
Phone
5417268595
Tax Period
2024-01-01 to 2024-12-31

EMERALD EMPIRE ART ASSOCIATION INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $201K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Net assets of $713K represent 42 months of operating reserves.

Mission

PROMOTING THE VISUAL ARTS BY PROVIDING AN OPPORTUNITY FOR ALL WHO DESIRE TO CREATE ART AND EXHIBIT THEIR WORK BY CULTIVATING A VIBRANT ART COMMUNITY THROUGH EDUCATION, OUTREACH AND PARTNERSHIPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $105,306
Program Service Revenue $69,547
Investment Income $74
Other Revenue $26,470
TOTAL REVENUE $201,397

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,866
Fundraising Expenses $0
Program Expenses $80,081
Other Expenses $140,407
TOTAL EXPENSES $220,273

Year-over-Year Comparison

2024 2023 Change
Revenue $201,397 $131,982 +0.5%
Expenses $220,273 $180,597 +0.2%
Net Income $-18,876 $-48,615 -0.6%
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
15
Independent Members
15
Employees
4
Volunteers
90

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
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORLA BERTRAND SECRETARY 0.00
Officer Director
$0 $0 $0
SARAH BLOOM-KINSER BOARD MEMBER 0.00
Director
$0 $0 $0
DOTTIE CHASE DIRECTOR 0.00
Director
$0 $0 $0
KATHY HARP BOARD MEMBER 0.00
Director
$0 $0 $0
BARBARA HARRISON BOARD MEMBER 0.00
Director
$0 $0 $0
ALISON HENNES BOARD MEMBER 0.00
Director
$0 $0 $0
LOU MAENZ BOARD MEMBER 0.00
Director
$0 $0 $0
SANDI O'BRIEN VICE PRESIDE 0.00
Officer Director
$0 $0 $0
MARY ANN REILLY BOARD MEMBER 0.00
Director
$0 $0 $0
KATIE STOCKS TREASURER 0.00
Officer Director
$0 $0 $0
PAUL VAKSELIS BOARD MEMBER 0.00
Director
$0 $0 $0
GUY WEESE VICE PRESIDE 0.00
Officer Director
$0 $0 $0
KATHY WEESE PRESIDENT 0.00
Officer Director
$0 $0 $0
MICHAEL T WILLIAMS BOARD MEMBER 0.00
Director
$0 $0 $0
DENISE I ZANETTA BOARD MEMBER 0.00
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 $201,397 $220,273 $715,014 $-18,876
2023 $131,982 $180,597 $733,130 $-48,615
2022 $113,609 $161,605 $781,824 $-47,996
2021 $164,009 $146,755 $830,057 $17,254
2020 $108,836 $107,589 $814,226 $1,247
2019 $153,797 $172,704 $827,217 $-18,907
2018 $112,680 $178,976 $830,406 $-66,296
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