FRANKLIN STOCK COMPANY AT CHAPEL HALL INC

EIN: 161512454 501(c)(3) Arts, Culture & Humanities

FRANKLIN, NY

Total Revenue
$266,791
Total Expenses
$279,154
Total Assets
$611,584
Net Assets
$595,568
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Phone
6078293700
Tax Period
2023-01-01 to 2023-12-31

FRANKLIN STOCK COMPANY AT CHAPEL HALL INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $267K in total revenue in fiscal year 2023. Net assets of $596K represent 27 months of operating reserves.

Mission

The Franklin Stock Company at Chapel Hall, Inc. was established as a not-for-profit corporation under Section 402 of the Not-for-Profit Corporation Law of New York State to assume ownership of Masonic Hall (formerly known as Chapel Hall) located at 25 Institute Street in Franklin, New York and operate there a professional summer theatre as well as other cultural and community activities, and other charitable functions. Two goals converge in this project. The first is cultural. We aim, through innovative and accessible productions of plays from the classical repertory, as well as some of the finest plays of the 20th century, to stimulate interest in live theatre and to enrich the lives of area residents and visitors. The second goal is the preservation of Franklin's beautiful Chapel Hall, a building listed on the National Register of Historic Places. We want to ensure that the building will continue to serve as a center of community activity as it has for generations.

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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 (2023)

Revenue Breakdown

Contributions & Grants $214,689
Program Service Revenue $39,348
Investment Income $4,417
Other Revenue $8,337
TOTAL REVENUE $266,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,881
Fundraising Expenses $13,406
Program Expenses $183,561
Other Expenses $166,273
TOTAL EXPENSES $279,154

Year-over-Year Comparison

2023 2022 Change
Revenue $266,791 $260,042 +0.0%
Expenses $279,154 $246,653 +0.1%
Net Income $-12,363 $13,389 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
45

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
5
$50,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA BUCKLEY EX-OFFICIO/AD 5.00
Officer
$50,000 $0 $50,000
KATHLEEN MASTERSON Secretary 3.00
Officer Director
$0 $0 $0
CHRIS O'CONNOR Director 3.00
Director
$0 $0 $0
JOS VULTO Treasurer 3.00
Officer Director
$0 $0 $0
JACQUELINE PEREZ Director 3.00
Director
$0 $0 $0
JENNIFER MILESKI President 3.00
Officer Director
$0 $0 $0
TOM SPYCHALSKI Vice President 1.00
Officer 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 $266,791 $279,154 $611,584 $-12,363
2022 $260,042 $246,653 $609,803 $13,389
2021 $207,197 $193,061 $630,099 $14,136
2020 $142,119 $147,254 $516,631 $-5,135
2020 $165,427 $105,462 $581,731 $59,965
2019 $217,299 $184,104 $522,513 $33,195
2018 $239,792 $217,154 $488,647 $22,638
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