NANTUCKET ARTS COUNCIL INC (EIN 042545302) - 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

1974

Legal Domicile

Principal Officer

BARBARA ELDER

Phone

5082210394

Tax Period

2024-07-01 to 2025-06-30

NANTUCKET ARTS COUNCIL INC, founded in 1974, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $111K exceeded revenue, resulting in a 21% operating deficit.

Mission

SUPPORT AND ENCOURAGE A COLLABORATIVE COMMUNITY OF THE VISUAL, PERFORMING AND LITERARY ARTS THROUGH EDUCATION, GRANTS, SCHOLARSHIPS AND EVENTS.

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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 $46,257

Program Service Revenue $60

Investment Income $44,883

Other Revenue $0

TOTAL REVENUE $91,200

Expense Breakdown

Grants Paid $17,960

Salaries & Benefits $19,502

Fundraising Expenses $2,013

Program Expenses $67,266

Other Expenses $73,105

TOTAL EXPENSES $110,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,200	$109,614	-0.2%
Expenses	$110,567	$98,549	+0.1%
Net Income	$-19,367	$11,065	-2.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA ELDER	PRES./TREAS.	1.00	Officer Director	$0	$0	$0
BEVERLY HALL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAM MURPHY	SEC./TREAS.	1.00	Officer Director	$0	$0	$0
BIANCA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BELASH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FRAZIER	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN GARRE AYERS	DIRECTOR	1.00	Director	$0	$0	$0
KIMAL MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
MAURA WENDELKEN	DIRECTOR	1.00	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
2025	$91,200	$110,567	$707,286	$-19,367
2024	$109,614	$98,549	$687,047	$11,065
2023	$85,979	$100,200	$623,928	$-14,221
2022	$120,409	$81,436	$608,698	$38,973
2021	$81,231	$112,337	$693,235	$-31,106
2020	$131,052	$133,662	$581,107	$-2,610
2019	$96,997	$162,038	$602,649	$-65,041
2018	$158,344	$165,807	$638,212	$-7,463

NANTUCKET ARTS COUNCIL INC