ONE SEVENTY ONE CEDAR INC

EIN: 160956814 501(c)(3)

CORNING, NY

Total Revenue
$906,738
Total Expenses
$1,063,792
Total Assets
$5,360,831
Net Assets
$5,231,627
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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
1968
Legal Domicile
NY
Principal Officer
KIRSTY BUCHANAN
Phone
6079364647
Tax Period
2024-09-01 to 2025-08-31

ONE SEVENTY ONE CEDAR INC, founded in 1968, is a small nonprofit that reported $907K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

171 CEDAR ARTS CENTER CELEBRATES COMMUNITY AND THE ARTS THROUGH EXPERIENCES AND CONNECTIONS.

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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 $402,403
Program Service Revenue $419,797
Investment Income $56,670
Other Revenue $27,868
TOTAL REVENUE $906,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $584,619
Fundraising Expenses $82,984
Program Expenses $556,175
Other Expenses $479,173
TOTAL EXPENSES $1,063,792

Year-over-Year Comparison

2024 2023 Change
Revenue $906,738 $935,045 0.0%
Expenses $1,063,792 $1,088,226 0.0%
Net Income $-157,054 $-153,181 +0.0%
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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Governance

Voting Members
16
Independent Members
16
Employees
45
Volunteers
100

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
$166,220
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
XAVIER LAFOSSE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES TRUXON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TYMON DANIELS TREASURER 1.00
Officer Director
$0 $0 $0
YVETTE STERBENK SECRETARY 1.00
Officer Director
$0 $0 $0
BABATUNDE AYANFODUN BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA BAUCO BOARD MEMBER (BEG. MARCH 2025) 1.00
Director
$0 $0 $0
MARIA GOLDWYN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HOGUE BOARD MEMBER 1.00
Director
$0 $0 $0
ANN JAKLE BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTY LANGTRY BOARD MEMBER (END. AUGUST 2025) 1.00
Director
$0 $0 $0
ASHLEY MCNALLY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN NOVOTNY BOARD MEMBER 1.00
Director
$0 $0 $0
TARA RAMAIAH BOARD MEMBER (END. MARCH 2025) 1.00
Director
$0 $0 $0
BARB VASSALLO BOARD MEMBER (END. MARCH 2025) 1.00
Director
$0 $0 $0
ALEXANDRA RUGGIERO BOARD MEMBER 1.00
Director
$0 $0 $0
BRETT SMITH BOARD MEMBER (BEG. MARCH 2025) 1.00
Director
$0 $0 $0
CASSANDRA TALIAFERRO BOARD MEMBER (END. DECEMBER 2024) 1.00
Director
$0 $0 $0
CHRISTINE WILKEN BOARD MEMBER (BEG. MARCH 2025) 1.00
Director
$0 $0 $0
CELINE ZHANG BOARD MEMBER (BEG. MARCH 2025) 1.00
Director
$0 $0 $0
KIM HUSTON DIR OF FINANCE & OPERATIONS 40.00
Officer
$64,697 $11,760 $76,457
KIRSTY HARPER BUCHANAN EXECUTIVE DIRECTOR 40.00
Officer
$78,082 $11,681 $89,763
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 $906,738 $1,063,792 $5,360,831 $-157,054
2024 $935,045 $1,088,226 $5,248,832 $-153,181
2023 $999,755 $1,064,318 $5,065,933 $-64,563
2022 $1,352,157 $929,893 $4,970,086 $422,264
2021 $1,136,968 $943,769 $4,842,752 $193,199
2020 $999,887 $800,658 $4,431,139 $199,229
2019 $1,490,936 $823,995 $4,101,862 $666,941
2018 $1,620,380 $885,998 $3,459,542 $734,382
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