EMERSON UMBRELLA INC (EIN 042761964) - 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

1982

Legal Domicile

Principal Officer

EILEEN WILLISTON

Phone

9783710820

Tax Period

2023-07-01 to 2024-06-30

EMERSON UMBRELLA INC, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $4.7M exceeded revenue, resulting in a 48% operating deficit.

Mission

THE UMBRELLA ENRICHES LIVES AND BUILDS A VIBRANT AND INCLUSIVE COMMUNITY THOUGH THE ARTS. WE PROMOTE CREATIVITY, LEARNING, PERSONAL GROWTH, AND CULTURAL EXCHANGE THROUGH ACCESSIBLE ARTS EDUCATION PROGRAMS, PERFORMING AND VISUAL ARTS PRESENTATIONS, AND COMMUNITY COLLABORATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,206,041

Program Service Revenue $2,019,698

Investment Income $79,846

Other Revenue $-124,471

TOTAL REVENUE $3,181,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,696,681

Fundraising Expenses $725,016

Program Expenses $3,361,738

Other Expenses $3,003,230

TOTAL EXPENSES $4,699,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,181,114	$2,641,232	+0.2%
Expenses	$4,699,911	$4,331,451	+0.1%
Net Income	$-1,518,797	$-1,690,219	-0.1%

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

150

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

$188,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUGH G WEDGE	EXECUTIVE DI	40.00	Key Emp	$188,700	$0	$188,700
GAIL BURR	DIRECTOR	2.00	Director	$0	$0	$0
CASEY CARLSON	DIRECTOR	2.00	Director	$0	$0	$0
PIERRE CHIHA	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN FOLEY	DIRECTOR	2.00	Director	$0	$0	$0
CATHY FOLTS	CLERK	2.00	Officer Director	$0	$0	$0
ELLEN GAIES	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH COCHARY GROSS	DIRECTOR	4.00	Director	$0	$0	$0
FRANK HILL	TREASURER	4.00	Officer Director	$0	$0	$0
ELLEN MCHALE	CHAIR	4.00	Officer Director	$0	$0	$0
MELANIE O'HARE	DIRECTOR	2.00	Director	$0	$0	$0
KATE REID	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT LE ROY	VICE CHAIR	4.00	Officer Director	$0	$0	$0
NANCY TRAVERSY	DIRECTOR	2.00	Director	$0	$0	$0
MARQUIS VICTOR	DIRECTOR	2.00	Director	$0	$0	$0
JOE WALLACE	DIRECTOR	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
2025	No data	No data	No data	No data
2024	$3,181,114	$4,699,911	$27,115,193	$-1,518,797
2023	$2,641,232	$4,331,451	$30,113,368	$-1,690,219
2022	$2,816,448	$3,634,124	$32,547,256	$-817,676
2021	$11,219,253	$2,882,211	$34,608,472	$8,337,042
2020	$3,526,354	$2,718,980	$27,150,234	$807,374
2019	$2,516,693	$1,992,119	$25,038,349	$524,574
2018	$2,305,824	$1,789,578	$18,795,666	$516,246

EMERSON UMBRELLA INC