THE ARTS FOUNDATION OF CAPE COD

EIN: 042961772 501(c)(3) Arts, Culture & Humanities

HYANNIS, MA

Total Revenue
$774,630
Total Expenses
$827,951
Total Assets
$1,007,912
Net Assets
$780,466
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MA
Principal Officer
KEN ELMER
Phone
5083620066
Tax Period
2024-10-01 to 2025-09-30

THE ARTS FOUNDATION OF CAPE COD, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $775K in total revenue in fiscal year 2024.

Mission

AT AFCC, OUR MISSION IS TO FOSTER AND ENHANCE A DYNAMIC AND INCLUSIVE ARTS AND CULTURAL LANDSCAPE ACCESSIBLE TO ALL WITHIN THE REGION. AS THE DESIGNATED LOCAL ARTS AGENCY (LAA) FOR BARNSTABLE COUNTY, WE SERVE AS THE PIVOTAL HUB FOR CULTIVATING AND SUPPORTING CAPE COD'S RICH CULTURAL TAPESTRY. OUR ORGANIZATION OPERATES AS THE OVERARCHING CULTURAL STEWARD, DEDICATED TO EMPOWERING ALL ARTISTS, PROMOTING DIVERSE ART FORMS, AND PRESERVING CULTURAL AND HISTORICAL LEGACIES. WE ARE COMMITTED TO FORGING CONNECTIONS BETWEEN THE REGION'S CULTURAL ASSETS, THE BUSINESS COMMUNITY, LAWMAKERS, VISITORS, AND RESIDENTS ALIKE, FOSTERING A VIBRANT AND INTERCONNECTED CULTURAL ECOSYSTEM FOR THE ENRICHMENT OF OUR COMMUNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $625,656
Program Service Revenue $7,010
Investment Income $19,644
Other Revenue $122,320
TOTAL REVENUE $774,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $440,851
Fundraising Expenses $118,072
Program Expenses $596,007
Other Expenses $387,100
TOTAL EXPENSES $827,951

Year-over-Year Comparison

2024 2023 Change
Revenue $774,630 $776,016 0.0%
Expenses $827,951 $904,450 -0.1%
Net Income $-53,321 $-128,434 -0.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
10

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE BOUDREAU EXECUTIVE CO N/A
Officer Director
$0 $0 $0
LILY CHAN DIRECTOR N/A
Director
$0 $0 $0
AMANDA CLAIRE CUNNINGHAM DIRECTOR N/A
Director
$0 $0 $0
JENNIFER DOOLING DIRECTOR N/A
Director
$0 $0 $0
RACHEL DORISS DIRECTOR N/A
Director
$0 $0 $0
KEN ELMER PRESIDENT N/A
Director
$0 $0 $0
PHILIP MCCAHILL TREASURER N/A
Officer Director
$0 $0 $0
BETHANY MUHLEBACH SECRETARY N/A
Officer Director
$0 $0 $0
JEFFREY SOARES DIRECTOR N/A
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 $774,630 $827,951 $1,007,912 $-53,321
2024 $776,016 $904,450 $1,023,242 $-128,434
2023 $864,569 $784,405 $1,119,206 $80,164
2022 $830,455 $760,725 $1,128,124 $69,730
2021 $705,694 $524,388 $972,860 $181,306
2020 $661,412 $495,991 $744,293 $165,421
2019 $924,005 $869,454 $434,220 $54,551
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