THE STRAND CENTER FOR THE ARTS (EIN 141825779) - 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

2000

Legal Domicile

Principal Officer

RYAN DEMERS

Phone

5185631604

Tax Period

2024-01-01 to 2024-12-31

THE STRAND CENTER FOR THE ARTS, founded in 2000, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO UNITE ARTS WITH COMMUNITY THROUGH EDUCATION AND PRESENTATION BY CREATING CULTURE WHERE ART IS ESSENTIAL AND ACCESSIBLE TO EVERYONE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $281,017

Program Service Revenue $904,701

Investment Income $203

Other Revenue $10,125

TOTAL REVENUE $1,196,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,534

Fundraising Expenses $71,292

Program Expenses $1,104,379

Other Expenses $978,757

TOTAL EXPENSES $1,345,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,196,046	$1,083,230	+0.1%
Expenses	$1,345,291	$1,200,688	+0.1%
Net Income	$-149,245	$-117,458	+0.3%

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

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
TOM MCNICHOLS	PRESIDENT	19.25	Officer Director	$0	$0	$0
JOSHUA KRETSER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
RYAN DEMERS	2ND VICE PRE	5.75	Officer Director	$0	$0	$0
RYAN LEE	TREASURER	3.75	Officer Director	$0	$0	$0
JIM CARROLL	SECRETARY	5.75	Officer Director	$0	$0	$0
BRIANNA HOUSE	TRUSTEE	1.00	Director	$0	$0	$0
SOPHIE IHNE	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD KIRBY	TRUSTEE	0.50	Director	$0	$0	$0
DAN WAGONER	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH TRACHTE	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL MAGGY	TRUSTEE	1.00	Director	$0	$0	$0
MARYANNE BUKOLT-RYDER	TRUSTEE	1.00	Director	$0	$0	$0
AMANDA PEARY	TRUSTEE	1.00	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	$1,196,046	$1,345,291	$3,820,619	$-149,245
2023	$1,083,230	$1,200,688	$3,983,655	$-117,458
2022	$742,108	$963,999	$4,147,040	$-221,891
2021	$1,793,184	$835,474	$4,505,540	$957,710
2020	$214,436	$446,734	$3,716,980	$-232,298
2019	$1,052,700	$1,286,621	$3,806,999	$-233,921
2019	$1,012,151	$1,280,377	$3,783,940	$-268,226
2018	$556,683	$748,444	$3,871,824	$-191,761

THE STRAND CENTER FOR THE ARTS