PORTLAND OVATIONS

🔒

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

1931

Legal Domicile

Principal Officer

AIMEE PETRIN

Phone

2077733150

Tax Period

2024-07-01 to 2025-06-30

PORTLAND OVATIONS, founded in 1931, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2024. Expenses of $3.5M exceeded revenue, resulting in a 10% operating deficit.

Mission

PORTLAND OVATIONS CONTRIBUTES TO CULTURAL, SOCIAL, AND ECONOMIC WELLBEING OF OUR COMMUNITY BY PRESENTING AN ARRAY OF HIGH QUALITY PERFORMING ARTISTS FROM AROUND THE WORLD AND CREATING DIVERSE EDUCATIONAL EXPERIENCES THAT BRING THE ENJOYMENT, ENERGY, AND ENRICHMENT OF THE ARTS TO ALL.

Program Service Accomplishments

Program 1

Expenses: $3,074,908 Revenue: $2,244,371

PORTLAND OVATIONS IS A NONPROFIT CULTURAL ORGANIZATION BASED IN SOUTHERN MAINE DEDICATED TO GATHERING COMMUNITIES TO SHARE IN THE POWER OF LIVE PERFORMANCE. OVATIONS CONNECTS ARTISTS AND AUDIENCES...

PORTLAND OVATIONS IS A NONPROFIT CULTURAL ORGANIZATION BASED IN SOUTHERN MAINE DEDICATED TO GATHERING COMMUNITIES TO SHARE IN THE POWER OF LIVE PERFORMANCE. OVATIONS CONNECTS ARTISTS AND AUDIENCES BOTH ONSTAGE AND OFF - MAKING THE ARTS AN INTEGRAL PART OF COMMUNITY LIFE. OUR UNIQUE ARRAY OF LIVE PERFORMANCES FOR THE PUBLIC AND SCHOOL AUDIENCES ARE CURATED TO DELIGHT, INSPIRE AND EDUCATE - REACHING MORE THAN 50K AUDIENCE MEMBERS EACH YEAR AND NEARLY 10K OF WHICH ARE MAINE STUDENTS AND THEIR TEACHERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $708,773

Program Service Revenue $2,244,371

Investment Income $91,417

Other Revenue $129,580

TOTAL REVENUE $3,174,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $890,750

Fundraising Expenses $281,094

Program Expenses $3,074,908

Other Expenses $2,605,652

TOTAL EXPENSES $3,496,402

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,174,141	$3,239,705	0.0%
Expenses	$3,496,402	$3,214,327	+0.1%
Net Income	$-322,261	$25,378	-13.7%

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

125

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

$182,639

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIMEE PETRIN	EXEC/ARTISTI	50.00	Officer	$168,600	$14,039	$182,639
MICHAEL BOYSON	DIRECTOR	2.00	Director	$0	$0	$0
MAILE BUKER	DIRECTOR	2.00	Director	$0	$0	$0
JERRY LAWRENCE EDWARDS	DIRECTOR	2.00	Director	$0	$0	$0
KEN GRADY	DIRECTOR	2.00	Director	$0	$0	$0
NATHAN HENRY	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL-COREY HINTON	DIRECTOR	2.00	Director	$0	$0	$0
JAMIE ISAACSON	DIRECTOR	2.00	Director	$0	$0	$0
JACK LUFKIN	DIRECTOR	0.50	Director	$0	$0	$0
NYAMUON NGUANY MACHAR	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN MORRIS	DIRECTOR	2.00	Director	$0	$0	$0
MARY K NOYES	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL A NUZZI	DIRECTOR	2.00	Director	$0	$0	$0
TANIA POWERS	DIRECTOR	2.00	Director	$0	$0	$0
CONNOR SMART	DIRECTOR	2.00	Director	$0	$0	$0
APRIL YLVISAKER TARDIFF	DIRECTOR	0.50	Director	$0	$0	$0
LYNN TEO	DIRECTOR	2.00	Director	$0	$0	$0
MARY WELLEHAN	DIRECTOR	2.00	Director	$0	$0	$0
MARY ALLEN LINDEMANN	DIRECTOR	2.00	Director	$0	$0	$0
RACHAEL ALFOND	DIRECTOR/SEC	2.00	Officer Director	$0	$0	$0
PETER GENOVA	DIRECTOR/VIC	2.00	Officer Director	$0	$0	$0
SAYAD MOUDACHIROU	DIRECTOR/PRE	2.00	Officer Director	$0	$0	$0
MICHAEL F STILLINGS	DIRECTOR/TRE	2.00	Officer Director	$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
2025	$3,174,141	$3,496,402	$3,774,711	$-322,261
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