IATSE LOCAL 289 (EIN 166050905) - 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

1913

Legal Domicile

Principal Officer

MIKE GILBOY

Phone

6074839729

Tax Period

2024-01-01 to 2024-12-31

IATSE LOCAL 289, founded in 1913, is a small nonprofit that reported $464K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

IATSE Local 289 is the union of professional Stagehands and Television Broadcast Studio Employees that makes possible, entertainment in the Elmira, Hornell, Watkins Glen, Ithaca, Corning and Cortland areas of New York State.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $463,748

Investment Income $0

Other Revenue $0

TOTAL REVENUE $463,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,885

Fundraising Expenses $0

Other Expenses $33,028

TOTAL EXPENSES $466,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$463,748	$312,269	+0.5%
Expenses	$466,913	$334,063	+0.4%
Net Income	$-3,165	$-21,794	-0.9%

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

N/A

Employees

145

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

$64,965

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BAILEY	BUSINESS AGENT	6.93	Officer	$23,516	$0	$23,516
MALINDA MILLER	SECRETARY/TREAS	0.32	Officer	$21,031	$0	$21,031
SABATO DEPRIMO	Vice President	2.84	Officer	$18,508	$0	$18,508
SCOTT MCGUIRE	President	2.84	Officer	$1,910	$0	$1,910

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	$463,748	$466,913	$16,618	$-3,165
2023	$312,269	$334,063	$19,783	$-21,794
2022	$308,249	$338,907	$41,577	$-30,658
2021	$206,939	$216,898	$72,235	$-9,959
2019	$256,587	$274,424	$91,757	$-17,837
2018	$448,411	$423,099	$109,594	$25,312

IATSE LOCAL 289