A โ€” Arts, Culture & HumanitiesEIN: 753010881ยท Ruling Year: 2002

Sound Art

Santa Monica, California

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$245K
Total Revenue
๐Ÿ“Š
$285K
Total Expenses
๐Ÿฆ
$2.0M
Net Assets
๐Ÿ“‹
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.0%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-16.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.06
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$245,193โ†“1%$285,499โ†‘11%$2,018,866โ†‘5%
2023$247,666โ†‘21%$256,249โ†“18%$1,918,922โ†‘10%
2022$204,214โ†“87%$313,410โ†‘8%$1,738,950โ†“12%
2021$1,632,821โ†‘967%$290,023โ†“17%$1,968,080โ†‘243%
2020$153,006โ†“84%$347,679โ†“1%$573,408โ†“23%
2019$975,183โ†‘1719%$349,627โ†‘128%$748,061โ†‘498%
2018$53,604โ†“88%$153,058โ†“57%$125,034โ†“46%
2017$437,645โ†“20%$353,475โ†“38%$230,883โ†‘30%
2016$547,491โ†‘46%$570,129โ†‘51%$177,788โ†‘11%
2015$374,467โ†“15%$378,350โ†“15%$160,741โ†“2%
2014$443,105โ†“6%$445,626โ†‘13%$164,309โ†“2%
2013$472,625โ†‘5%$394,052โ†“1%$166,830โ†‘89%
2012$451,612โ†‘31%$396,706โ†‘6%$88,257โ†‘63%
2011$345,744$372,585$54,251

Frequently Asked Questions

What does Sound Art do?โ–ผ

Sound Art is a arts, culture & humanities nonprofit organization based in California. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sound Art financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Sound Art has a score of 69/100 (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 Sound Art generate?โ–ผ

Sound Art reports $245K in annual revenue and holds $2.0M in total assets, based on IRS filings.

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Sound Art โ€” Santa Monica, CA | GiveScope