ARTISTIC RESOURCES IN ACTION FOUNDATION (EIN 954788175) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

KATHERINE KANE CODY

Phone

3107222742

Tax Period

2023-01-01 to 2023-12-31

ARTISTIC RESOURCES IN ACTION FOUNDATION, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $66K, a strong 43% operating margin.

Mission

OPERATION OF SPECIFIC PROGRAMS AND GRANTMAKING TO OTHER ORGANIZATIONS EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROGRAMS TO ERECT ENVIRONMENTAL AND SOCIAL JUSTICE INFORMATIONAL BOOTHS AND AREAS AT CONCERTS TO EDUCATE AND ENLIGTHEN PEOPLE WHO ATTEND THESE CONCERT EVENTS,AND WORK WITH BANDS AND THEIR MANAGEMENT TO DISTRIBUTE ENVIRONMENTAL AND SOCIAL JUSTICE EDUCATIONAL INFORMATION THROUGH THE BAND APPROVED INTERNET WEBSITES.THE ORGANIZATION GRANTS TO DIFFERENT EXEMPT ORGANIZATIONS THAT WORK IN THEIR COMMUNITIES TO PROMOTE SOCIAL WELFARE, INCLUDING SUPPORT FOR ENVIRONMENTAL PROTECTION,CLEAN ENERGY,ARTS,EDUCATION,SOCIAL JUSTICE AND ASSISTANCE DUE TO NATURAL DISASTER. THE ORG PROVIDES AID AND OTHER SUPPORT TO NEEDY, UNDERPRIVILEGED INDIVIDUALS WHO ONCE HAD CAREERS IN THE MUSIC INDUSTRY AND HAVE FALLEN ON HARD TIMES OR WHO HAVE PROVEN A LONG TERM COMMITMENT TO PROMOTE SOCIAL WELFARE BUT ARE NOW IN FINANCIAL NEED AND DISTRESS OR ARE IN EMERGENCY MEDICAL NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $102,513

Program Service Revenue $0

Investment Income $52,386

Other Revenue $0

TOTAL REVENUE $154,899

Expense Breakdown

Grants Paid $83,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,819

Other Expenses $4,841

TOTAL EXPENSES $88,591

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,899	$358,045	-0.6%
Expenses	$88,591	$326,824	-0.7%
Net Income	$66,308	$31,221	+1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE KANE CODY	PRESIDENT/BOARD CHAIR	1.50	Officer Director	$0	$0	$0
RENATA KANCLERZ	TREASURER/DIRECTOR	0.15	Officer Director	$0	$0	$0
NADINE BLOCH	SECRETARY/DIRECTOR	0.15	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
2024	No data	No data	No data	No data
2023	$154,899	$88,591	$1,385,802	$66,308
2022	$358,045	$326,824	$1,380,494	$31,221
2021	$1,012,025	$12,043	$1,268,273	$999,982
2020	$18,174	$9,409	$268,291	$8,765
2019	$137,624	$135,407	$259,526	$2,217
2018	$283,247	$277,269	$257,309	$5,978

ARTISTIC RESOURCES IN ACTION FOUNDATION