BAR HARBOR FESTIVAL CORPORATION (EIN 132590315) - 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

1972

Legal Domicile

Principal Officer

ALLISON KIGER

Phone

2122221026

Tax Period

2023-01-01 to 2023-12-31

BAR HARBOR FESTIVAL CORPORATION, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $252K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $354K exceeded revenue, resulting in a 40% operating deficit.

Mission

CLASSICAL AND ORCHESTRAL MUSIC APPRECIATION

🔒

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 $175,229

Program Service Revenue $0

Investment Income $3,055

Other Revenue $73,646

TOTAL REVENUE $251,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,302

Fundraising Expenses $0

Program Expenses $353,786

Other Expenses $208,484

TOTAL EXPENSES $353,786

Year-over-Year Comparison

	2023	2022	Change
Revenue	$251,930	$566,261	-0.6%
Expenses	$353,786	$371,450	0.0%
Net Income	$-101,856	$194,811	-1.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH FORTIER	TRUSTEE	20.00	Officer Director	$0	$0	$0
JEFFREY ELLENBERGER	TRUSTEE	20.00	Director	$0	$0	$0
ALLISON KIGER	PRESIDENT AND TRUSTEE	20.00	Officer Director	$0	$0	$0
KEVIN KRETZ	TRUSTEE	0.00	Director	$0	$0	$0
ALAN SPERBER	TRUSTEE	0.00	Director	$0	$0	$0
ANN ALLEN	TRUSTEE	0.00	Director	$0	$0	$0
JOHN ALLEN	TRUSTEE	0.00	Director	$0	$0	$0
MICHAEL MCCORMICK	TRUSTEE	0.00	Director	$0	$0	$0
LINDA ROBINSON	TRUSTEE	0.00	Director	$0	$0	$0
CHRISTOPHER JOHNSON	SECRETARY AND TREASURER	0.00	Director	$0	$0	$0

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	$251,930	$353,786	$565,644	$-101,856
2022	$566,261	$371,450	$671,371	$194,811
2021	$281,792	$302,685	$511,986	$-20,893
2020	$628,687	$144,734	$528,357	$483,953
2019	$301,508	$301,118	$22,586	$390
2018	$260,511	$302,204	$1,091	$-41,693

BAR HARBOR FESTIVAL CORPORATION