Northeast Kingdom Arts Council Inc

EIN: 030371888 501(c)(3) Arts, Culture & Humanities

Hardwick, VT

Total Revenue
$42,221
Total Expenses
$35,781
Total Assets
$176,853
Net Assets
$176,853
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VT
Principal Officer
Lynn Angebrannt
Phone
8184390703
Tax Period
2023-01-01 to 2023-12-31

Northeast Kingdom Arts Council Inc, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 15% operating margin.

Mission

The mission of the Northeast Kingdom Arts Council is to preserve the historic Hardwick Town House while making it a dynamic center of arts and culture for the region through educational and entertaining programming

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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 (2023)

Revenue Breakdown

Contributions & Grants $42,221
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $42,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,781
Other Expenses $35,781
TOTAL EXPENSES $35,781

Year-over-Year Comparison

2023 2022 Change
Revenue $42,221 $64,709 -0.3%
Expenses $35,781 $14,157 +1.5%
Net Income $6,440 $50,552 -0.9%
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
10
Independent Members
10
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shari Cornish President 5.00
Officer Director
$0 $0 $0
David Gross Vice President 5.00
Officer Director
$0 $0 $0
Lynn Angebranndt Treasurer 5.00
Officer Director
$0 $0 $0
Brent McCoy Secretary 5.00
Officer Director
$0 $0 $0
Sally Anstey Board Member 2.00
Director
$0 $0 $0
Maya McCoy Board Member 2.00
Director
$0 $0 $0
Audrey Grant Board Member 2.00
Director
$0 $0 $0
Therese Martin Board Member 2.00
Director
$0 $0 $0
Mavis MacNeil Board Member 2.00
Director
$0 $0 $0
Frances Rowell Board Member 2.00
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
2024 No data No data No data No data
2023 $42,221 $35,781 $176,853 $6,440
2022 No data No data No data No data
2022 $64,709 $14,157 $170,412 $50,552
2021 $42,367 $9,638 $119,860 $32,729
2021 No data $4,148 $87,132 No data
2020 $35,383 $21,750 $87,132 $13,633
2019 $26,605 $20,121 $73,499 $6,484
2019 No data $4,147 $31,105 No data
2018 $18,981 $17,011 $71,162 $1,970
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