Marion Art Center Inc (EIN 042374245) - 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

1964

Legal Domicile

Phone

5087481266

Tax Period

2024-01-01 to 2024-12-31

Marion Art Center Inc, founded in 1964, is a small nonprofit in the Arts, Culture & Humanities sector that reported $488K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $108K, a strong 22% operating margin.

Mission

Cultural Programs For All

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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 $198,607

Program Service Revenue $158,789

Investment Income $51,376

Other Revenue $79,071

TOTAL REVENUE $487,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,798

Fundraising Expenses $34,337

Program Expenses $223,667

Other Expenses $168,007

TOTAL EXPENSES $379,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$487,843	$439,130	+0.1%
Expenses	$379,805	$365,140	+0.0%
Net Income	$108,038	$73,990	+0.5%

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

$77,171

Total Directors

$77,171

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jodi Stevens	Executive Dir.	40.00	Officer Director	$77,171	$0	$77,171
Pippa Asker	President	0.00	Officer Director	$0	$0	$0
Darren Fredette	Vice President	0.00	Officer Director	$0	$0	$0
Kate Corkum	Secretary	0.00	Officer Director	$0	$0	$0
David Hooke	Treasurer	0.00	Officer Director	$0	$0	$0
Kim Tirrell	Director	0.00	Director	$0	$0	$0
Suzanne Bellanger	Director	0.00	Director	$0	$0	$0
Cecily Cassum	Director	0.00	Director	$0	$0	$0
Erin Zell	Director	0.00	Director	$0	$0	$0
Sarah Mitchell	Director	0.00	Director	$0	$0	$0
Kristina Schmid Callina	Director	0.00	Director	$0	$0	$0
Ron Biever	Director	0.00	Director	$0	$0	$0
Sharon Giblin	Director	0.00	Director	$0	$0	$0
David Perry	Director	0.00	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	$487,843	$379,805	$1,247,028	$108,038
2023	$439,130	$365,140	$1,149,605	$73,990
2022	$358,644	$273,263	$1,016,599	$85,381
2021	$349,515	$209,995	$992,645	$139,520
2020	$188,298	$149,816	$842,227	$38,482
2019	$235,356	$184,476	$772,242	$50,880
2018	$224,891	$125,500	$659,858	$99,391

Marion Art Center Inc