NEVADA SCHOOL OF THE ARTS

EIN: 942428993 501(c)(3) Arts, Culture & Humanities

LAS VEGAS, NV

Total Revenue
$2,312,926
Total Expenses
$723,235
Total Assets
$1,719,250
Net Assets
$1,347,278
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NV
Principal Officer
JUDAH ZAKALIK
Phone
7023842787
Tax Period
2023-09-01 to 2024-08-31

NEVADA SCHOOL OF THE ARTS, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 386% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 69% operating margin.

Mission

AT NEVADA SCHOOL OF THE ARTS (NSA), OUR MISSION IS TO PROVIDE A DYNAMIC AND INCLUSIVE PERFORMING AND VISUAL ARTS EDUCATION TO A DIVERSE COMMUNITY OF STUDENTS SPANNING ALL AGES AND BACKGROUNDS. WHILE EDUCATING THE ARTISTS AND AUDIENCES OF TOMORROW, WE STRIVE TO DEVELOP RESPONSIBLE AND ENLIGHTENED WORLD CITIZENS BY IGNITING A LIFELONG PASSION FOR THE ARTS.

Program Service Accomplishments

Program 1
Expenses: $565,802 Revenue: $460,753

TO CHAMPION EQUITY AND ACCESS FOR ALL, NSA IS STEADFAST IN ITS MISSION TO EXTEND OPPORTUNITIES TO UNDER-RESOURCED STUDENTS IN HISTORICALLY MARGINALIZED COMMUNITIES. WE BELIEVE THAT THE ARTS CAN SERVE...

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TO CHAMPION EQUITY AND ACCESS FOR ALL, NSA IS STEADFAST IN ITS MISSION TO EXTEND OPPORTUNITIES TO UNDER-RESOURCED STUDENTS IN HISTORICALLY MARGINALIZED COMMUNITIES. WE BELIEVE THAT THE ARTS CAN SERVE AS A CATALYST FOR POSITIVE CHANGE, UNLOCKING POTENTIAL AND PROVIDING A PATHWAY TO A BRIGHTER FUTURE. -SERVING 300 FAMILIES ANNUALLY -OVER $75K IN SCHOLARSHIPS AWARDED ANNUALLY -COMMUNITY INITIATIVES SEEK OUT TALENT IN UNDERSERVED AREAS -PROVIDING A CORNERSTONE FOR ARTS EDUCATION IN SOUTHERN NEVADA FOR 50 YEARS

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,889,200
Program Service Revenue $413,907
Investment Income $35,084
Other Revenue $-25,265
TOTAL REVENUE $2,312,926

Expense Breakdown

Grants Paid $0
Salaries & Benefits $356,003
Fundraising Expenses $0
Program Expenses $565,802
Other Expenses $367,232
TOTAL EXPENSES $723,235

Year-over-Year Comparison

2023 2022 Change
Revenue $2,312,926 $476,120 +3.9%
Expenses $723,235 $755,147 0.0%
Net Income $1,589,691 $-279,027 -6.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
1
$124,663
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DE ANN LETOURNEAU CO-CHAIRMAN 1.00
Director
$0 $0 $0
JEFF BREEDEN TREASURER 1.00
Director
$0 $0 $0
BENJAMIN BURNS SECRETARY 1.00
Director
$0 $0 $0
JUDAH ZAKALIK CO-CHAIRMAN 1.00
Director
$0 $0 $0
JOSEPH GANLEY TRUSTEE 1.00
Director
$0 $0 $0
JAY BLOOM TRUSTEE 1.00
Director
$0 $0 $0
KARI HALKYARD TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL CAPRIO TRUSTEE 1.00
Director
$0 $0 $0
GLENN ALAI TRUSTEE 1.00
Director
$0 $0 $0
DAVID DOTO TRUSTEE 1.00
Director
$0 $0 $0
DAVID TAPPER-CRUTCHLEY TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL E SEIFF MD TRUSTEE 1.00
Director
$0 $0 $0
KIM COOPER TRUSTEE 1.00
Director
$0 $0 $0
RAJA RAHMAN PRESIDENT/CEO 40.00
Officer
$99,000 $25,663 $124,663
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
2025 No data No data No data No data
2024 $2,312,926 $723,235 $1,719,250 $1,589,691
2023 $476,120 $755,147 $150,701 $-279,027
2022 $793,614 $772,794 $437,970 $20,820
2021 $1,036,583 $894,008 $331,087 $142,575
2020 $962,486 $1,082,156 $264,685 $-119,670
2019 $1,029,637 $995,087 $55,688 $34,550
2018 $690,652 $782,226 $52,432 $-91,574
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