Port Angeles, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PORT ANGELES FINE ARTS CENTER FOUNDATION, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $500K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $593K exceeded revenue, resulting in a 19% operating deficit.
The Port Angeles Fine Arts Center, PAFAC, continued to advance its mission to honor the legacy of Esther Webster by connecting people to the arts and inspiring the artist in every person. Some of the programs that supported this mission in 2023 were Festivals, Art Gallery exhibits, and Youth Education. The PAFAC hosted 3 seasonal outdoor festivals, 4 exhibits throughout the year in the art gallery, and supported local schools through field trips and classroom visits.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $499,924 | $675,928 | -0.3% |
| Expenses | $593,427 | $477,536 | +0.2% |
| Net Income | $-93,503 | $198,392 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Christine Loewe | Executive Director | 40 |
Key Emp
|
$64,872 | $0 | $64,872 |
| Navarra Carr | Foundation Board President and Trustee | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Diane Williams | Foundation Board Vice President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Jan Dove | Foundation Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Lynn Bedford | Trustee Board President | 1 |
Director
|
$0 | $0 | $0 |
| Judith Morris | Trustee Board Secretary | 1 |
Director
|
$0 | $0 | $0 |
| Vicki Gronvall | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Camilla Rico | Foundation Board Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Karyn Bocko | Foundation Board Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Ann Dalton | Foundation Board Member and Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Dave Johnson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Katherine Occhiogrosso | Trustee Vice President | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $499,924 | $593,427 | $1,329,574 | $-93,503 |
| 2023 | $675,928 | $477,536 | $1,472,688 | $198,392 |
| 2022 | $347,047 | $394,574 | $1,370,713 | $-47,527 |
| 2021 | $454,463 | $281,128 | $1,758,007 | $173,335 |
| 2020 | $329,686 | $212,130 | $1,583,835 | $117,556 |
| 2019 | $175,977 | $195,264 | $1,341,661 | $-19,287 |
| 2018 | $226,983 | $215,098 | $1,258,684 | $11,885 |
Compare PORT ANGELES FINE ARTS CENTER FOUNDATION with other nonprofits in Washington and across the country.