Action Arts

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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

2023

Legal Domicile

Principal Officer

Stefan Pildes

Phone

2018887000

Tax Period

2024-01-01 to 2024-12-31

Action Arts, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $342K in total revenue in fiscal year 2024.

Mission

To support the development of arts projects and creative communities through fundraising and materials support.

Program Service Accomplishments

Program 1

Expenses: $119,594 Revenue: $119,732

1. New York City Arts Collective Building Action Arts organized collaborative art-making opportunities, workshops, and public events across New York City to support a diverse community of emerging...

1. New York City Arts Collective Building Action Arts organized collaborative art-making opportunities, workshops, and public events across New York City to support a diverse community of emerging and established artists. These efforts fostered cultural exchange, community engagement, and creative development in underserved areas.

Program 2

Expenses: $119,594 Revenue: $119,732

2. Black Rock City Arts Collective Building We produced large-scale, interactive art installations at Black Rock City in collaboration with a global team of artists and volunteers. These projects...

2. Black Rock City Arts Collective Building We produced large-scale, interactive art installations at Black Rock City in collaboration with a global team of artists and volunteers. These projects promoted radical self-expression and community participation, bringing our mission to life in a temporary but transformative cultural setting.

Program 3

Expenses: $102,510 Revenue: $102,626

3. Themed and Interactive Events to Grow Community Throughout the year, we hosted immersive events that blended art, music, ritual, and storytelling to build community and spark creative engagement. These gatherings created inclusive spaces for connection, collaboration, and personal expression.

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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 $342,079

Program Service Revenue $0

Investment Income $0

Other Revenue $11

TOTAL REVENUE $342,090

Expense Breakdown

Grants Paid $13,542

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $341,698

Other Expenses $332,180

TOTAL EXPENSES $345,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$342,090	N/A	N/A
Expenses	$345,722	N/A	N/A
Net Income	$-3,632	N/A	N/A

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

250

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	Role	Reportable Comp	Other Comp	Total
Stefan Pildes	President	Officer	$0	$0	$0
Brandon Keeven	Treasurer	Officer	$0	$0	$0
Jim Glaser	Secretary	Officer	$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	$342,090	$345,722	$36,461	$-3,632