THE CENTER FOR ARTS IN NATICK INC (EIN 043364016) - 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

1998

Legal Domicile

Principal Officer

STEVEN WILSON

Phone

5086470097

Tax Period

2023-01-01 to 2023-12-31

THE CENTER FOR ARTS IN NATICK INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $398K, a strong 19% operating margin.

Mission

MUSICAL/ARTS PERFORMANCE/CONCERTS

🔒

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 $954,962

Program Service Revenue $1,075,658

Investment Income $29,458

Other Revenue $40,191

TOTAL REVENUE $2,100,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $526,467

Fundraising Expenses $164,995

Program Expenses $1,381,228

Other Expenses $1,175,525

TOTAL EXPENSES $1,701,992

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,100,269	$1,494,165	+0.4%
Expenses	$1,701,992	$1,537,226	+0.1%
Net Income	$398,277	$-43,061	-10.2%

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

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

$127,298

Total Directors

$127,298

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BACHMAN	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA ALLAIN	DIRECTOR	2.00	Director	$0	$0	$0
D MICHAEL COLLINS	CHAIR	6.00	Officer Director	$0	$0	$0
TOM HALCHUK	DIRECTOR	2.00	Director	$0	$0	$0
RICK JENNETT	DIRECTOR	2.00	Director	$0	$0	$0
MARY ELLEN FULTON	DIRECTOR	3.00	Officer Director	$0	$0	$0
ED STRICKLAND	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN WILSON	TREASURER	4.00	Officer Director	$0	$0	$0
DAVID LAVALLEY	EXECUTIVE DIRECTOR	40.00	Officer Director	$127,298	$0	$127,298

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
2024	No data	No data	No data	No data
2023	$2,100,269	$1,701,992	$3,290,110	$398,277
2022	$1,494,165	$1,537,226	$2,938,806	$-43,061
2021	$1,772,213	$1,141,862	$3,038,106	$630,351
2020	$853,563	$927,327	$2,516,543	$-73,764
2019	$1,635,268	$1,651,026	$2,533,502	$-15,758
2018	$1,414,972	$1,524,344	$2,658,944	$-109,372

THE CENTER FOR ARTS IN NATICK INC