FRANCIS HARDY CENTER FOR THE ARTS

EIN: 043657923 501(c)(3) Arts, Culture & Humanities

EPHRAIM, WI

Total Revenue
$139,719
Total Expenses
$144,652
Total Assets
$236,055
Net Assets
$235,865
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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
2000
Legal Domicile
WI
Principal Officer
MICHAEL HARPER
Phone
9208542210
Tax Period
2024-11-01 to 2025-10-31

FRANCIS HARDY CENTER FOR THE ARTS, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $140K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE HISTORIC HARDY GALLERY ENRICHES THE VIBRANCY OF THE DOOR COUNTY COMMUNITY BY PROMOTING AND FOSTERING LOCAL ART. THE HARDY HAS INITIATIVES THAT ADDRESS THE NEEDS OF THE LOCAL ARTIST COMMUNITY, THE CREATIVE ENRICHMENT OF LOCAL YOUTH, AND IS FOCUSED MORE THAN EVER ON EDUCATING THE PUBLIC AND PROMOTING THE VISUAL ARTS AND ARTISTS ON THE DOOR COUNTY PENINSULA.

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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 $87,546
Program Service Revenue $29,627
Investment Income $271
Other Revenue $22,275
TOTAL REVENUE $139,719

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,732
Fundraising Expenses $23,259
Program Expenses $96,230
Other Expenses $64,920
TOTAL EXPENSES $144,652

Year-over-Year Comparison

2024 2023 Change
Revenue $139,719 $127,870 +0.1%
Expenses $144,652 $144,774 0.0%
Net Income $-4,933 $-16,904 -0.7%
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
7
Independent Members
7
Employees
2
Volunteers
50

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
6
$70,028
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITCH HEINRICHS DIRECTOR 0.75
Director
$0 $0 $0
KENNETH GLASHEEN DIRECTOR 0.75
Director
$0 $0 $0
DEANN UMLAND DIRECTOR 0.75
Director
$0 $0 $0
MICHAEL HARPER PRESIDENT 0.75
Officer Director
$0 $0 $0
NATHAN HATCH VICE PRESIDENT 0.75
Officer Director
$0 $0 $0
STEPHEN SAUTER TREASURER 0.75
Officer Director
$0 $0 $0
LISA LADEW SECRETARY 0.75
Officer Director
$0 $0 $0
ADAM FULWILER EXECUTIVE DIRECTOR 40.00
Officer
$53,077 $0 $53,077
SARAH ZAMECNIK LEFT IN 2024 EXECUTIVE DIRECTOR 40.00
Officer
$16,951 $0 $16,951
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 $139,719 $144,652 $236,055 $-4,933
2024 $127,870 $144,774 $222,044 $-16,904
2023 $113,270 $114,583 $206,439 $-1,313
2022 $148,975 $236,892 $188,798 $-87,917
2021 $221,910 $170,533 $316,874 $51,377
2020 $178,523 $196,102 $325,024 $-17,579
2019 $199,828 $206,202 $259,735 $-6,374
2018 $187,079 $186,335 $277,040 $744
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