Loveworks Academy For Visual & Performing Arts
Golden Valley, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,729,133↓32% | $2,957,540 | $1,336,977↓20% | |
| 2022 | $4,035,921↑50% | $2,970,874↑15% | $1,672,302↑37% | — |
| 2021 | $2,698,924↓2% | $2,591,187↓9% | $1,217,250↓28% | — |
| 2020 | $2,748,279↓14% | $2,849,796↓19% | $1,690,907↓13% | — |
| 2019 | $3,181,512↓1% | $3,496,780↓6% | $1,939,999↓29% | — |
| 2018 | $3,200,611↓6% | $3,733,075↓4% | $2,735,609↓25% | — |
| 2017 | $3,397,734↑6% | $3,878,507↑23% | $3,627,429↑252% | — |
| 2016 | $3,215,429↓3% | $3,149,638↑1% | $1,030,610↑48% | — |
| 2015 | $3,300,043↑13% | $3,125,732↑12% | $695,561↑71% | — |
| 2014 | $2,911,614↑19% | $2,787,645↑13% | $407,251↓1% | — |
| 2013 | $2,444,237 | $2,475,294↓4% | $411,006↓54% | — |
| 2012 | $2,441,411↓4% | $2,565,471↑3% | $885,852↓11% | — |
| 2011 | $2,541,847 | $2,487,191 | $994,747 | — |
Frequently Asked Questions
What does Loveworks Academy For Visual & Performing Arts do?▼
Loveworks Academy For Visual & Performing Arts is a education nonprofit organization based in Minnesota. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Loveworks Academy For Visual & Performing Arts financially healthy?▼
Based on our 9-metric Financial Health Score model, Loveworks Academy For Visual & Performing Arts has a score of 33/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Loveworks Academy For Visual & Performing Arts generate?▼
Loveworks Academy For Visual & Performing Arts reports $2.8M in annual revenue and holds $806K in total assets, based on IRS filings.