League of New Hampshire Craftsmen … - Form 990 Financial Data

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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

1932

Legal Domicile

Principal Officer

Zachary Jonas

Phone

6032243375

Tax Period

2024-04-01 to 2025-03-31

League of New Hampshire Craftsmen Inc, founded in 1932, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

The mission of the League of NH Craftsmen is to advance, cultivate and champion excellence in fine craft. We envision that through our work: People regard craft as inspirational, meaningful, and relevant to their lives as individuals and as community members. Makers of fine craft are inspired, enriched, supported, and honored. The League is widely respected across New England and the country as a leader in craft.

Program Service Accomplishments

Program 1

Expenses: $751,486 Revenue: $1,022,394

The Annual Craftsmen's Fair began in 1933 and runs for nine days, featuring the juried work of approximately 350 members with sales booths, educational workshops, demonstrations, and exhibitions...

The Annual Craftsmen's Fair began in 1933 and runs for nine days, featuring the juried work of approximately 350 members with sales booths, educational workshops, demonstrations, and exhibitions attracting over 20,000 visitors annually.

Program 2

Expenses: $51,914 Revenue: $-26,976

The League of New Hampshire Craftsmen's Exhibition Gallery is dedicated to the exhibition of work by its juried members and invited or affiliated craftsmen and artists featuring three to four...

The League of New Hampshire Craftsmen's Exhibition Gallery is dedicated to the exhibition of work by its juried members and invited or affiliated craftsmen and artists featuring three to four exhibitions per year, attracting over 2,000 visitors annually.

Program 3

Expenses: $22,169 Revenue: $0

Standards and Education is a jury program that nurtures the development of New Hampshire fine craftsmen together with education programs and grants for non-member craftsmen, lifelong learners and the...

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $261,820

Program Service Revenue $1,028,888

Investment Income $66,534

Other Revenue $32,297

TOTAL REVENUE $1,389,539

Expense Breakdown

Grants Paid $45,332

Salaries & Benefits $533,234

Fundraising Expenses $92,018

Program Expenses $825,569

Other Expenses $910,978

TOTAL EXPENSES $1,489,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,389,539	$1,364,967	+0.0%
Expenses	$1,489,544	$1,379,073	+0.1%
Net Income	$-100,005	$-14,106	+6.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

172

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

$171,113

Total Directors

$200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Archer	Director	1.00	Director	$0	$0	$0
Donna Zils Banfield	Director (end 7/2024)	1.00	Director	$200	$0	$200
Kathleen Dillon	Director (end 7/2024)	1.00	Director	$0	$0	$0
Andy Hampton	Director	1.00	Director	$0	$0	$0
Hethre Larivee	Director (start 7/2024)	1.00	Director	$0	$0	$0
Karen Lyle	Director (end 7/2024)	1.00	Director	$0	$0	$0
Sarah Sullivan	Director (end 7/2024)	1.00	Director	$0	$0	$0
Beth Mulleavey	Chair (end 7/2024)	2.00	Officer Director	$0	$0	$0
Zachary Jonas	Dir.; Chair/Secretary (start 7/24)	2.00	Officer Director	$0	$0	$0
Patrick Ellis	Interim VC/Treasurer (end 6/24)	2.00	Officer Director	$0	$0	$0
Beverly Wolf	Vice Chair (start 7/2024)	2.00	Officer Director	$0	$0	$0
Grayson Shephard	Director; Treasurer (start 7/2024)	1.00	Officer Director	$0	$0	$0
Dan Rich	Secretary (end 7/2024)	2.00	Officer Director	$0	$0	$0
Miriam Carter	Executive Director (end 9/2024)	40.00	Officer	$120,794	$20,144	$140,938
Kate Saunders	Executive Director (start 9/2024)	40.00	Officer	$30,175	$0	$30,175

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	$1,389,539	$1,489,544	$3,249,050	$-100,005
2024	$1,364,967	$1,379,073	$3,308,920	$-14,106
2023	$1,394,617	$1,312,479	$3,123,200	$82,138
2022	$1,577,400	$1,192,304	$3,170,300	$385,096
2021	$857,430	$776,435	$2,911,749	$80,995
2020	$1,480,947	$1,400,321	$2,613,596	$80,626
2019	$1,266,537	$1,351,429	$2,599,642	$-84,892

League of New Hampshire Craftsmen Inc