Friends of McGroarty Cultural Arts Cntr AKA McGroarty Arts Center

EIN: 953762347 501(c)(3) Arts, Culture & Humanities

Tujunga, CA

Total Revenue
$296,370
Total Expenses
$258,503
Total Assets
$369,842
Net Assets
$366,660
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
Valadez Frank
Phone
8183525285
Tax Period
2024-07-01 to 2025-06-30

Friends of McGroarty Cultural Arts Cntr AKA McGroarty Arts Center, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $296K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $259K left a modest 13% surplus.

Mission

McGroarty Arts Center provides access to the arts through in-dept arts instruction and experiences. The center is a venue for artists to present their work, while preserving the legacy of John Steven McGroarty and his historic home.

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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 $105,226
Program Service Revenue $129,157
Investment Income $5,756
Other Revenue $56,231
TOTAL REVENUE $296,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $193,739
Fundraising Expenses $29,049
Program Expenses $133,197
Other Expenses $54,664
TOTAL EXPENSES $258,503

Year-over-Year Comparison

2024 2023 Change
Revenue $296,370 $228,454 +0.3%
Expenses $258,503 $203,676 +0.3%
Net Income $37,867 $24,778 +0.5%
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
12
Independent Members
10
Employees
15
Volunteers
40

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
$34,509
Total Directors
12
$34,509
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bethers Annette Executive Dir. 30.00
Officer Director
$34,005 $0 $34,005
Thompson Debbie Treasurer 2.00
Officer Director
$504 $0 $504
Bosco Austina Board Member 2.00
Director
$0 $0 $0
Geils Laurelle eff 1124 Board Member 2.00
Director
$0 $0 $0
Rivera Gilbert Eff 125 Board Member 2.00
Officer Director
$0 $0 $0
Stein Leanne Secretary 2.00
Officer Director
$0 $0 $0
Valadez Frank President 2.00
Officer Director
$0 $0 $0
Amador Begonia Board Member 2.00
Director
$0 $0 $0
Aguirre Joe Board Member 2.00
Director
$0 $0 $0
Stein Michael Board Member 2.00
Director
$0 $0 $0
Gardner Cathy Eff 0724 Board Member 2.00
Director
$0 $0 $0
Zagon Sophia Eff 125 Board Member 2.00
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
2025 $296,370 $258,503 $369,842 $37,867
2024 $228,454 $203,676 $336,029 $24,778
2023 $247,823 $169,645 $316,846 $78,178
2019 $215,733 $186,924 $273,308 $28,809
2018 $255,534 $159,352 $243,622 $96,182
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