AMAZING THINGS ARTS CENTER INC (EIN 201332310) - 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

2004

Legal Domicile

Principal Officer

ANGELA DIETTE

Phone

5084052787

Tax Period

2023-09-01 to 2024-08-31

AMAZING THINGS ARTS CENTER INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $358K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $636K exceeded revenue, resulting in a 78% operating deficit.

Mission

TO BRING MUSICAL AND ARTISTIC ENTERTAINMENT TO THE METRO WEST AREA OF MASSACHUSETTS

🔒

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 $288,630

Program Service Revenue $61,235

Investment Income $7,879

Other Revenue $0

TOTAL REVENUE $357,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $390,531

Fundraising Expenses $62,476

Program Expenses $369,367

Other Expenses $245,823

TOTAL EXPENSES $636,354

Year-over-Year Comparison

	2023	2022	Change
Revenue	$357,744	$246,725	+0.4%
Expenses	$636,354	$398,430	+0.6%
Net Income	$-278,610	$-151,705	+0.8%

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

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

$67,234

Total Directors

$67,234

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOREEN PENDERGAST	PRESIDENT	0.00	Officer Director	$0	$0	$0
ANGELA DIETTE	TREASURER	0.00	Officer Director	$0	$0	$0
WILLIAM STEWART	DIRECTOR	0.00	Officer Director	$0	$0	$0
ILEANA HERNANDEZ	DIRECTOR	0.00	Director	$0	$0	$0
JANNELLE CODIANNI	EXECUTIVE DIRECTOR	32.00	Officer Director	$67,234	$0	$67,234

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	$357,744	$636,354	$234,906	$-278,610
2023	$246,725	$398,430	$493,377	$-151,705
2022	$200,755	$266,149	$648,852	$-65,394
2021	$242,881	$204,402	$223,213	$38,479
2020	$223,994	$229,879	$201,039	$-5,885

AMAZING THINGS ARTS CENTER INC