Forman Arts Initiative Inc
Philadelphia, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | -$1,800,926↓124% | $2,944,911↑90% | $83,544,282 | — |
| 2022 | $7,508,224↑508% | $1,546,319↑24% | $83,337,616↓1% | — |
| 2021 | $1,235,746↓96% | $1,250,550↑10% | $83,778,323 | — |
| 2020 | $28,975,050↑47% | $1,134,949↑206% | $83,649,211↑50% | — |
| 2019 | $19,656,832 | $370,722 | $55,786,110 | — |
Frequently Asked Questions
What does Forman Arts Initiative Inc do?▼
Forman Arts Initiative Inc is a arts, culture & humanities nonprofit organization based in Pennsylvania. It is classified under NTEE code A51 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forman Arts Initiative Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Forman Arts Initiative Inc has a score of 62/100 (Grade: B). 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 Forman Arts Initiative Inc generate?▼
Revenue data for Forman Arts Initiative Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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