STAMFORD CENTER FOR THE ARTS INC

EIN: 061048684 501(c)(3) Arts, Culture & Humanities

STAMFORD, CT

Total Revenue
$6,073,160
Total Expenses
$7,025,216
Total Assets
$17,521,886
Net Assets
$15,519,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CT
Principal Officer
MICHAEL E MORAN JR
Phone
2033582305
Tax Period
2024-07-01 to 2025-06-30

STAMFORD CENTER FOR THE ARTS INC, founded in 1980, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.1M in total revenue in fiscal year 2024. Expenses of $7.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO ENTERTAIN, EDUCATE AND ENRICH THE DIVERSE POPULATION OF STAMFORD, AND FAIRFIELD COUNTY.

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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 $849,831
Program Service Revenue $4,867,712
Investment Income $112,148
Other Revenue $243,469
TOTAL REVENUE $6,073,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,302,406
Fundraising Expenses $204,480
Program Expenses $6,167,073
Other Expenses $4,722,810
TOTAL EXPENSES $7,025,216

Year-over-Year Comparison

2024 2023 Change
Revenue $6,073,160 $6,233,157 0.0%
Expenses $7,025,216 $6,808,456 +0.0%
Net Income $-952,056 $-575,299 +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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
184
Volunteers
120

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
8
$413,707
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE SIMMONS CHAIRMAN EX-OFFICIO 1.00
Director
$0 $0 $0
SHERYL Y BATTLES BOARD MEMBER (LEFT 9/24) 1.00
Director
$0 $0 $0
GREG CAGGAINELLO BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY TRAHAN SECRETARY ( LEFT 9/24) 1.00
Officer Director
$0 $0 $0
TRACIE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL P BYRNE VP - STRATEGIC PLANNING 1.00
Officer Director
$0 $0 $0
PETER M GABRIEL BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA ZICHICHI BOARD MEMBER (LEFT 9/24) 1.00
Director
$0 $0 $0
JONATHAN E LIPSCHUTZ TREASURER 1.00
Officer Director
$0 $0 $0
PETER C RUGEN VICE PRESIDENT- SPECIAL AFFAIRS 1.00
Officer Director
$0 $0 $0
NANCY ERSKINE VP-GOVERNANCE (LEFT 9/24) 1.00
Officer Director
$0 $0 $0
CHRISTOPHER MOZINGO CHAIRMAN 1.00
Officer Director
$0 $0 $0
TINA MAZZULLO BOARD MEMBER 1.00
Director
$0 $0 $0
JANEEN FREEMAN BOARD MEMBER (LEFT 9/24) 1.00
Director
$0 $0 $0
SUSANNE MCAVOY BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN I KAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALICE KNAPP BOARD MEMBER 1.00
Director
$0 $0 $0
JANINE SCHLIERF BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY MONIES BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW REARDON BOARD MEMBER 1.00
Director
$0 $0 $0
KEEGAN DRENOSKY BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL E MORAN JR PRESIDENT AND CEO 40.00
Officer
$223,674 $24,509 $248,183
JASON PIETRANGELI CHIEF FINANCIAL OFFICER 40.00
Officer
$163,637 $1,887 $165,524
RANDALL THOMAS DIRECTOR OF PRODUCTION & FACILITIES 40.00
Highest
$147,717 $13,282 $160,999
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 $6,073,160 $7,025,216 $17,521,886 $-952,056
2024 $6,233,157 $6,808,456 $18,803,094 $-575,299
2023 $6,597,193 $6,174,745 $19,069,555 $422,448
2022 $7,026,118 $5,384,874 $18,714,807 $1,641,244
2021 $3,007,680 $2,383,429 $17,206,825 $624,251
2020 $3,550,086 $4,104,340 $16,566,714 $-554,254
2019 $4,618,401 $5,165,246 $16,897,588 $-546,845
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