Cambridge Art Association (EIN 042382611) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1944

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Cambridge Art Association, founded in 1944, is a small nonprofit in the Arts, Culture & Humanities sector that reported $270K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $362K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO FOSTER INTEREST IN FINE ARTS AND CRAFTS AND TO PROVIDE A PLACE FOR APPROPRIATE ACTIVITIES AND EVENTS TO FURTHER THIS GOAL IN CAMBRIDGE, MASSACHUSETTS AND SURROUNDING COMMUNITIES. TO PROVIDE EXHIBITS, LECTURES, WORKSHOPS, CLASSES AND A SALES AND RENTAL PROGRAM TO OUR MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $227,637

Program Service Revenue $0

Investment Income $13

Other Revenue $42,476

TOTAL REVENUE $270,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,237

Fundraising Expenses $23,011

Program Expenses $254,158

Other Expenses $174,520

TOTAL EXPENSES $361,757

Year-over-Year Comparison

	2023	2022	Change
Revenue	$270,126	$232,474	+0.2%
Expenses	$361,757	$281,238	+0.3%
Net Income	$-91,631	$-48,764	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN BECKER	EXECUTIVE DIRECTOR	40.00		$85,169	$0	$85,169
DANA RASHTI	DIRECTOR	0.00	Director	$0	$0	$0
ERICA LICEA-KANE	DIRECTOR	0.00	Director	$0	$0	$0
REMMI ANDREA FRANKLIN LYONS	DIRECTOR	0.00	Director	$0	$0	$0
JUDITH KAMM	DIRECTOR	0.00	Director	$0	$0	$0
KRISTEN SHERMAN	DIRECTOR	0.00	Director	$0	$0	$0
PAUL BECKINGHAM	DIRECTOR	0.00	Director	$0	$0	$0
NATHALIE JEAN	DIRECTOR	0.00	Director	$0	$0	$0
CANDICE DRIVER	ASSOCIATE DIRECTOR	0.00	Officer Director	$0	$0	$0
DEBORAH PEEPLES	PRESIDENT	0.00	Officer	$0	$0	$0
DAVID FOGEL	TREASURER	1.00	Officer	$0	$0	$0
STEPHANIE TODHUNTER	SECRETARY	0.00	Officer	$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	No data	No data	No data	No data
2024	$270,126	$361,757	$1,401,407	$-91,631
2023	$232,474	$281,238	$1,332,057	$-48,764
2022	$233,493	$323,091	$1,266,287	$-89,598
2021	$524,233	$270,224	$1,505,607	$254,009
2020	$286,041	$254,715	$1,292,007	$31,326
2019	$325,706	$290,389	$1,241,863	$35,317
2018	$322,744	$265,181	$1,179,287	$57,563

Cambridge Art Association