Holyoke, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC, founded in 1993, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2022. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 68% operating margin.
MIFA PRESENTS THE FINEST EXAMPLES OF CONTEMPORARY PRACTICE IN THE PERFORMING, VISUAL, AND LITERARY ARTS FOR THE PURPOSES OF EDUCATING, ENTERTAINING, AND ENRICHING LIVES. ADDITIONALLY, THE ORGANIZATION IS OVERSEEING THE REHABILITATION OF THE VICTORY THEATRE, A 1920S THEATRE IN HOLYOKE, MASSACHUSETTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,751,641 | $831,365 | +1.1% |
| Expenses | $551,782 | $435,608 | +0.3% |
| Net Income | $1,199,859 | $395,757 | +2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DONALD SANDERS | EXECUTIVE ARTISTIC DIRECTOR | 035.00 |
Officer
|
$64,244 | $0 | $64,244 |
| MIRJANA BLOKAR | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| ALFRED HUTT | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| SYBIL SHAINWALD | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| JAMES SUTTER | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| TERESITA ALICEA | PRESIDENT | 002.00 |
Officer
|
$0 | $0 | $0 |
| JOHN HELLWEG | TREASURER | 002.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,751,641 | $551,782 | $3,620,037 | $1,199,859 |
| 2023 | $1,001,641 | $553,501 | $2,631,951 | $448,140 |
| 2022 | $831,365 | $435,608 | $2,509,553 | $395,757 |
| 2021 | $187,915 | $158,597 | $1,964,445 | $29,318 |
| 2020 | $839,290 | $357,396 | $1,101,409 | $481,894 |
| 2019 | $616,789 | $535,516 | $168,112 | $81,273 |
| 2018 | $224,453 | $202,121 | $95,911 | $22,332 |
Compare MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC with other nonprofits in Massachusetts and across the country.