MORRISVILLE, VT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIVER ARTS OF MORRISVILLE INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $461K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $76K, a strong 16% operating margin.
RIVER ARTS IS A 501(C)(3) NON PROFIT COMMUNITY ARTS ORGANIZATION BASED IN MORRISVILLE, VERMONT WITH A MISSION TO ENRICH THE COMMUNITY THROUGH THE ARTS. OUR CORE OPERATING VALUE IS ARTS FOR EVERYONE, COMMITTED TO MAKING ART ACCESSIBLE NO MATER RACE, GENDER EXPRESSION, AGE, ABILITY, OR FINANCIAL MEANS.
In 2023 River Arts offered 125 programs including Adult, Youth, and Elder Arts classes, serving 5,230 individuals. Financial Assistance was provided to 225 participants. We hosted 5 exhibitions...
In 2023 River Arts offered 125 programs including Adult, Youth, and Elder Arts classes, serving 5,230 individuals. Financial Assistance was provided to 225 participants. We hosted 5 exhibitions focused on local artists and a community based collection, 5 free community projects, and collaborated with over 15 community partners. Collaborations included Forest Hill residential care home for elder arts programs, Unbound after school program with People?s Academy Middle School, our Kinder Arts program for free programming for toddlers, a restorative arts program with Northeast Vermont Recovery Center, and Winter Wellness Program for middle and high school students. River Arts continues to serve as a community art center for Morristown and beyond with a dedicated mission of arts for everyone.
SPACE RENTAL FOR PRIVATE EVENTS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $461,236 | $394,661 | +0.2% |
| Expenses | $385,612 | $311,867 | +0.2% |
| Net Income | $75,624 | $82,794 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHANIE DREWS-SHELDON | Executive Dir. | 40.00 |
Director
|
$65,000 | $0 | $65,000 |
| AMY KOLB NOYES | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ZOE BEDELL | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE MCKINNEY | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY JANE CROUSE | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NAN CARLE BEAUREGARD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TRICIA FOLLERT | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK LOYA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| PEGGY SMITH | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNNE JEWETT | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TESSA MILNES | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $461,236 | $385,612 | $1,122,990 | $75,624 |
| 2022 | $394,661 | $311,867 | $1,044,886 | $82,794 |
| 2021 | $354,660 | $210,304 | $1,051,719 | $144,356 |
| 2020 | $262,160 | $216,459 | $903,387 | $45,701 |
| 2019 | $330,113 | $326,785 | $828,225 | $3,328 |
| 2018 | $275,948 | $297,457 | $827,529 | $-21,509 |
Compare RIVER ARTS OF MORRISVILLE INC with other nonprofits in Vermont and across the country.