METROARTS INC

EIN: 931260537 501(c)(3)

PORTLAND, OR

Total Revenue
$205,735
Total Expenses
$210,301
Total Assets
$309,165
Net Assets
$309,165
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
OR
Principal Officer
SHANNON EMORY
Phone
5032454885
Tax Period
2022-01-01 to 2022-12-31

METROARTS INC, founded in 1993, is a small nonprofit that reported $206K in total revenue in fiscal year 2022.

Mission

OUR MISSION IS TO TEACH CREATIVE AND CRITICAL THINKING PROCESSES THROUGH INNOVATIVE ARTS EDUCATION PROGRAMS AND CURRICULA.METROARTS MISSION CONSISTS OF THREE FUNDAMENTAL OBJECTIVES TO SUPPORT THE IDEAL:- TO INSPIRE EVERY PARTICIPANT IN THE PROGRAMS TO CONTRIBUTE TO THE CULTURE OF THEIR TIMES BY DOING THEIR LIFE'S WORK IN A CREATIVE, ARTISTIC, JOYFUL AND DISCIPLINED MANNER.- TO EDUCATE ABOUT THE ARTS OF ALL CULTURES, PROVIDE INSIGHT INTO THE PROCESS OF CREATIVE THOUGHT AND EXPERIENCES WITH CREATIVITY ITSELF. - TO PROMOTE ACCESS TO THE ARTS THROUGH PARTICIPATION, CREATION AND REFLECTION FOR ALL. - TO CREATE PARTNERSHIPS THAT ENABLE ARTS EDUCATION TO THRIVE IN THE PUBLIC SCHOOLS.

Program Service Accomplishments

Program 1
Expenses: $103,426 Revenue: $43,859

COGNIZART 360 ARTS CAMP - OVER 100 KIDS, AGES 6 1/2- TO 12, REGISTERED TO BE IMMERSED IN THE ARTS. AN ADDITIONAL 20 KIDS, AGES 13 TO 18, PARTICIPATED AS COUNSELORS, EARNING VALUABLE VOLUNTEER AND...

Read more

COGNIZART 360 ARTS CAMP - OVER 100 KIDS, AGES 6 1/2- TO 12, REGISTERED TO BE IMMERSED IN THE ARTS. AN ADDITIONAL 20 KIDS, AGES 13 TO 18, PARTICIPATED AS COUNSELORS, EARNING VALUABLE VOLUNTEER AND WORK EXPERIENCE. THE CAMP GIVES KIDS A CHANCE TO EXPERIENCE ALL ARTS - MUSIC, THEATER, DANCE, AND VISUAL ARTS - FOR ONE OR MORE WEEKS. NEARLY 30% ATTENDED ON FULL OR PARTIAL SCHOLARSHIP.

Program 2
Expenses: $80,603 Revenue: $10,629

28TH YOUNG ARTISTS DEBUT! COMPETITION & CONCERTO CONCERT - SIX YOUNG VIRTUOSI AGED 13 TO 17 WERE SELECTED DURING AN EXTENSIVE AUDITION PROCESS. THEY WERE THEN COACHED WITH THE GOAL OF PERFORMING...

Read more

28TH YOUNG ARTISTS DEBUT! COMPETITION & CONCERTO CONCERT - SIX YOUNG VIRTUOSI AGED 13 TO 17 WERE SELECTED DURING AN EXTENSIVE AUDITION PROCESS. THEY WERE THEN COACHED WITH THE GOAL OF PERFORMING CONCERTOS WITH THE OREGON SYMPHONY AND OREGON BALLET THEATRE ORCHESTRAS FOR A RECORD-BREAKING AUDIENCE OF OVER 350.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $150,658
Program Service Revenue $54,488
Investment Income $589
Other Revenue $0
TOTAL REVENUE $205,735

Expense Breakdown

Grants Paid $8,066
Salaries & Benefits $103,526
Fundraising Expenses $0
Program Expenses $184,029
Other Expenses $98,709
TOTAL EXPENSES $210,301

Year-over-Year Comparison

2022 2021 Change
Revenue $205,735 $213,681 0.0%
Expenses $210,301 $205,445 +0.0%
Net Income $-4,566 $8,236 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
9
Volunteers
36

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
4
$74,860
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN DEVENEY PRESIDENT 10.00
Officer Director
$0 $0 $0
DAYNA CORWIN SECRETARY 5.00
Officer Director
$0 $0 $0
ELIZABETH EKLUND TREASURER 5.00
Officer Director
$0 $0 $0
SCOTT HOWARD DIRECTOR 5.00
Director
$0 $0 $0
AMY POLO DIRECTOR 5.00
Director
$0 $0 $0
SHANNON EMORY EXECUTIVE DIRECTOR 40.00
Officer
$68,860 $6,000 $74,860
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
2022 $205,735 $210,301 $309,165 $-4,566
2021 $213,681 $205,445 $313,731 $8,236
2020 $295,695 $127,275 $305,495 $168,420
2019 $201,978 $204,942 $136,155 $-2,964
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare METROARTS INC with other nonprofits in Oregon and across the country.