THE SOCIETY OF ARTS AND CRAFTS C/O NONPROFIT NUMERICS (EIN 042103850) - Form 990 Financial Analysis & Trantor Score

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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

1897

Legal Domicile

Principal Officer

MARCIA YOUNG

Phone

6172661810

Tax Period

2024-02-01 to 2025-01-31

THE SOCIETY OF ARTS AND CRAFTS C/O NONPROFIT NUMERICS, founded in 1897, is a small nonprofit in the Arts, Culture & Humanities sector that reported $163K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $296K exceeded revenue, resulting in a 81% operating deficit.

Mission

THE MISSION OF THE SOCIETY OF ARTS AND CRAFTS IS TO SUPPORT EXCELLENCE IN CRAFTS BY ENCOURAGING THE CREATION, COLLECTION, AND CONSERVATION OF THE WORK OF CRAFT ARTISTS AND BY EDUCATING AND PROMOTING PUBLIC APPRECIATION OF FINE CRAFTSMANSHIP. TO FULFILL OUR MISSION, THE SOCIETY SPONSORS EXHIBITIONS, AWARD PROGRAMS AND EDUCATIONAL PROGRAMMING. WE ALSO PROMOTE THE WORK OF OVER 400 CRAFT ARTISTS IN OUR VIRTUAL GALLERY ON AN ONGOING BASIS.

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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 $116,141

Program Service Revenue $35,183

Investment Income $12,047

Other Revenue $0

TOTAL REVENUE $163,371

Expense Breakdown

Grants Paid $39,500

Salaries & Benefits $114,702

Fundraising Expenses $34,715

Program Expenses $198,237

Other Expenses $141,712

TOTAL EXPENSES $295,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,371	$187,380	-0.1%
Expenses	$295,914	$346,492	-0.1%
Net Income	$-132,543	$-159,112	-0.2%

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

N/A

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

$95,762

Total Directors

$95,762

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIA YOUNG	EXECUTIVE DI	40.00	Officer Director	$95,762	$0	$95,762
LORRAINE BRESSLER	TRUSTEE	0.50	Director	$0	$0	$0
JEANNINE FALINO	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
LYNNE FRANCIS-LUNN	TREASURER	20.00	Officer Director	$0	$0	$0
ASPEN GOLANN	TRUSTEE	0.50	Director	$0	$0	$0
KATINA LEODAS	PRESIDENT	20.00	Officer Director	$0	$0	$0
JUDITH OBERMAYER	TRUSTEE	0.50	Director	$0	$0	$0
QUEEN ALLOTEY- PAPPOE	TRUSTEE	0.50	Director	$0	$0	$0
GARY ROBERTS	TRUSTEE	0.50	Director	$0	$0	$0
LOIS RUSSELL	CLERK	5.00	Officer Director	$0	$0	$0
JOSEPHINE STEALEY	TRUSTEE	0.50	Director	$0	$0	$0
TRACY STEEPY	TRUSTEE	0.50	Director	$0	$0	$0
MARTIN WICE	TRUSTEE	0.50	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	$163,371	$295,914	$218,668	$-132,543
2024	$187,380	$346,492	$362,106	$-159,112
2023	$591,007	$631,852	$548,733	$-40,845
2022	$943,805	$536,969	$877,949	$406,836
2022	$693,805	$536,969	$627,949	$156,836
2021	$-1,389,504	$625,574	$578,480	$-2,015,078
2020	$1,135,252	$1,801,734	$921,110	$-666,482
2019	$990,721	$1,309,409	$3,065,044	$-318,688

THE SOCIETY OF ARTS AND CRAFTS C/O NONPROFIT NUMERICS