CENTER FOR THE CREATIVE ARTS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

JOSEPH LEE

Phone

4794342880

Tax Period

2023-07-01 to 2024-06-30

CENTER FOR THE CREATIVE ARTS INC, founded in 2024, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 99% operating margin.

Mission

USE OF THE BUILDING TO FACILITATE THE MISSION OF COMMUNITY SCHOOL OF THE ARTS TO BROADEN AND ENRICH THE LIVES OF THE YOUNGER PEOPLE IN OUR COMMUNITY THROUGH THE ARTS.

Program Service Accomplishments

Program 1

THE ORGANIZATION IS DESIGNED TO FACILITATE THE EFFORTS OF COMMUNITY SCHOOL OF THE ARTS TO PROVIDE AFTER-SCHOOL ARTS ACTIVITIES FOR CHILDREN AND YOUTH OF ALL AGES AND LEVELS IN MUSIC, THEATRE, DANCE...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,432,102

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,432,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,638

TOTAL EXPENSES $14,638

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,432,102	N/A	N/A
Expenses	$14,638	N/A	N/A
Net Income	$1,417,464	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
SELENA BARTMIER	OFFICER	N/A	Officer	$0	$0	$0
JOSEPH LEE	OFFICER	N/A	Officer	$0	$0	$0
ROBERT WIGHT	OFFICER	N/A	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	$1,432,102	$14,638	$26,152,050	$1,417,464