FIDDLEHEAD CENTER FOR THE ARTS

EIN: 010543069 501(c)(3)

GRAY, ME

Total Revenue
$448,077
Total Expenses
$192,180
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
ME
Principal Officer
SCHELENE SCHEVENKO
Phone
2076572244
Tax Period
2020-09-01 to 2021-08-31

FIDDLEHEAD CENTER FOR THE ARTS, founded in 2002, is a small nonprofit that reported $448K in total revenue in fiscal year 2020. The organization ran a surplus of $256K, a strong 57% operating margin.

Mission

EDUCATIONAL AND ENRICHMENT CLASSES IN THE ARTS AND SCIENCES TO STUDENTS OF ALL AGES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $1,005
Program Service Revenue $0
Investment Income $410,205
Other Revenue $36,867
TOTAL REVENUE $448,077

Expense Breakdown

Grants Paid $43,084
Salaries & Benefits $65,123
Fundraising Expenses $0
Program Expenses $91,831
Other Expenses $83,973
TOTAL EXPENSES $192,180

Year-over-Year Comparison

2020 2019 Change
Revenue $448,077 $422,004 +0.1%
Expenses $192,180 $445,374 -0.6%
Net Income $255,897 $-23,370 -11.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
14
Volunteers
5

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
5
$60,950
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCHELENE SCHEVENKO CHAIR 1.00
Officer Director
$0 $0 $0
LAUREN MEEK VICE CHAIR 1.00
Officer Director
$0 $0 $0
ANN HEBERT TREASURER 1.00
Officer Director
$0 $0 $0
JEAN SOUTHARD SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERTA FLOCCHER MEMBER 1.00
Director
$0 $0 $0
KIMBERLY ALLEN EXEC. DIRECTOR 40.00
Officer
$60,950 $0 $60,950
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
2021 $448,077 $192,180 No data $255,897
2020 $422,004 $445,374 $1,145,817 $-23,370
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