PORTLAND OVATIONS (EIN 010350707) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1931

Legal Domicile

Principal Officer

AIMEE PETRIN

Phone

2077733150

Tax Period

2022-07-01 to 2023-06-30

PORTLAND OVATIONS is a 501(c)(3) with EIN 010350707, based in PORTLAND, ME. Founded in 1931, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $2,176,138 in total revenue and $2,644,247 in total expenses, with net assets of $2,148,407.

Mission

PORTLAND OVATIONS PROPELS THE ARTISTIC, SOCIAL, EDUCATIONAL AND ECONOMIC WELLBEING OF COMMUNITITES THROUGH THE POWER OF THE PERFORMING ARTS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $745,322

Program Service Revenue $1,262,026

Investment Income $41,305

Other Revenue $127,485

TOTAL REVENUE $2,176,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $696,911

Fundraising Expenses $229,012

Program Expenses $2,286,711

Other Expenses $1,947,336

TOTAL EXPENSES $2,644,247

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,176,138	$2,954,618	-0.3%
Expenses	$2,644,247	$2,030,206	+0.3%
Net Income	$-468,109	$924,412	-1.5%

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

Employees

Volunteers

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

$158,144

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHAEL ALFOND	DIRECTOR	1.00	Director	$0	$0	$0
P OLIVIER TE BOEKHORST	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BOYSON	DIRECTOR	1.00	Director	$0	$0	$0
MAILE BUKER	DIRECTOR	1.00	Director	$0	$0	$0
KEN GRADY	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE ISAACSON	DIRECTOR	1.00	Director	$0	$0	$0
JACK LUFKIN	DIRECTOR	1.00	Director	$0	$0	$0
NYAMUON NGUANY MACHAR	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
MARY K NOYES	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL A NUZZI	DIRECTOR	1.00	Director	$0	$0	$0
TANIA POWERS	DIRECTOR	1.00	Director	$0	$0	$0
APRIL YLVISAKER	DIRECTOR	1.00	Director	$0	$0	$0
PETER GENOVA	DIRECTOR/VIC	2.00	Director	$0	$0	$0
CAROLYN HUGHES	DIRECTOR/SEC	2.00	Officer Director	$0	$0	$0
MARY ALLEN LINDEMANN	DIRECTOR/PRE	2.00	Officer Director	$0	$0	$0
JAMES T MORGAN	DIRECTOR/VIC	2.00	Officer Director	$0	$0	$0
SAYAD MOUDACHIROU	DIRECTOR/VIC	2.00	Officer Director	$0	$0	$0
MICHAEL F STILLINGS	DIRECTOR/TRE	2.00	Officer Director	$0	$0	$0
AIMEE PETRIN	EXEC/ARTISTI	50.00	Officer	$145,303	$12,841	$158,144

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	$2,176,138	$2,644,247	$3,712,705	$-468,109
2022	$2,954,618	$2,030,206	$2,819,277	$924,412
2021	$933,855	$764,076	$2,129,237	$169,779
2020	$1,689,696	$1,802,673	$1,782,879	$-112,977
2019	$2,360,775	$2,373,437	$1,838,160	$-12,662
2018	$2,582,180	$2,461,305	$1,812,043	$120,875

PORTLAND OVATIONS