AMERICAN CRAFT COUNCIL (EIN 131566058) - Form 990 Financial Analysis & Trantor Score

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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

1943

Legal Domicile

Principal Officer

ANDREA SPECHT

Phone

6122063100

Tax Period

2023-10-01 to 2024-09-30

AMERICAN CRAFT COUNCIL, founded in 1943, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $4.6M exceeded revenue, resulting in a 32% operating deficit.

Mission

THE AMERICAN CRAFT COUNCIL FOSTERS LIVELIHOODS AND WAYS OF LIVING GROUNDED IN THE ARTFUL WORK OF THE HUMAN HAND, CREATING A MORE JOYFUL, HUMANE, AND REGENERATIVE WORLD.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,212,615

Program Service Revenue $1,638,893

Investment Income $594,077

Other Revenue $19,340

TOTAL REVENUE $3,464,925

Expense Breakdown

Grants Paid $369,650

Salaries & Benefits $1,531,438

Fundraising Expenses $337,603

Program Expenses $3,307,720

Other Expenses $2,678,319

TOTAL EXPENSES $4,579,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,464,925	$3,924,275	-0.1%
Expenses	$4,579,407	$4,511,955	+0.0%
Net Income	$-1,114,482	$-587,680	+0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$274,213

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL GARCEAU	TRUSTEE	1.00	Director	$0	$0	$0
PEARL DICK	TRUSTEE	1.00	Director	$0	$0	$0
HARRIETT GREEN	TRUSTEE	1.00	Director	$0	$0	$0
PREETI GOPINATH	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SARAH OWEN MCDONNELL	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE PEPICH	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS LOESER	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH LOGAN	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT LYNCH	TRUSTEE	1.00	Director	$0	$0	$0
WOODIE WISEBRAM	TRUSTEE	1.00	Director	$0	$0	$0
LYNN POLLARD	TREASURER	2.00	Officer Director	$0	$0	$0
GARY J SMITH	CHAIR	3.00	Officer Director	$0	$0	$0
KRISTIN MITSU SHIGA	SECRETARY	1.00	Officer Director	$0	$0	$0
LESLIE KING HAMMOND	TRUSTEE	1.00	Director	$0	$0	$0
JIM RUSTAD	TRUSTEE	1.00	Director	$0	$0	$0
DIANE HOFSTEDE	TRUSTEE	1.00	Director	$0	$0	$0
GREG BULLARD	TRUSTEE	1.00	Director	$0	$0	$0
MARIO GARCIA DURHAM	TRUSTEE	1.00	Director	$0	$0	$0
HANNAH JACOBSON BLUMENFELD	TRUSTEE	1.00	Director	$0	$0	$0
SEYMOUR MONDSHEIN	TRUSTEE	1.00	Director	$0	$0	$0
DARRYL PATTERSON	TRUSTEE	1.00	Director	$0	$0	$0
ALYSSA SALOMON	TRUSTEE	1.00	Director	$0	$0	$0
ANDREA SPECHT	EXECUTIVE DIRECTOR	37.50	Officer	$158,144	$16,131	$174,275
TRACY LAMPARTY	DIRECTOR OF FINANCE & ADMI	37.50	Officer	$77,791	$22,147	$99,938

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	$3,464,925	$4,579,407	$4,008,816	$-1,114,482
2023	$3,924,275	$4,511,955	$5,119,966	$-587,680
2022	$3,810,082	$3,849,887	$5,725,506	$-39,805
2021	$3,121,094	$3,056,027	$6,869,826	$65,067
2020	$3,455,820	$4,783,001	$5,868,861	$-1,327,181
2019	$4,856,099	$5,301,123	$6,750,576	$-445,024
2018	$5,312,181	$5,487,185	$7,513,323	$-175,004

AMERICAN CRAFT COUNCIL