STRAND THEATRE AND CULTURAL ARTS ASSOCIATION INC (THE STRAND)

EIN: 203948576 501(c)(3) Arts, Culture & Humanities

DELAWARE, OH

Total Revenue
$573,932
Total Expenses
$582,939
Total Assets
$1,182,568
Net Assets
$976,928
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
OH
Principal Officer
KAREN CROSMAN
Phone
7403683351
Tax Period
2023-01-01 to 2023-12-31

STRAND THEATRE AND CULTURAL ARTS ASSOCIATION INC (THE STRAND), founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $574K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE STRAND IS TO FOSTER THE PUBLIC'S APPRECIATION OF FILMS AND HISTORIC MOVIE THEATERS AS PART OF THE AMERICAN CULTURE.

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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 $64,709
Program Service Revenue $494,359
Investment Income $14,864
Other Revenue $0
TOTAL REVENUE $573,932

Expense Breakdown

Grants Paid $0
Salaries & Benefits $207,649
Fundraising Expenses $0
Program Expenses $491,319
Other Expenses $375,290
TOTAL EXPENSES $582,939

Year-over-Year Comparison

2023 2022 Change
Revenue $573,932 $445,950 +0.3%
Expenses $582,939 $528,161 +0.1%
Net Income $-9,007 $-82,211 -0.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
25
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
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONI MANOS BROWN DIRECTOR 0.00
Director
$0 $0 $0
KAREN CROSMAN SECRETARY 0.00
Officer Director
$0 $0 $0
BOB HOLM DIRECTOR 0.00
Director
$0 $0 $0
TOM HOMAN DIRECTOR 0.00
Director
$0 $0 $0
MATT VANDENBERG DIRECTOR 0.00
Director
$0 $0 $0
STEVE MARTIN DIRECTOR 0.00
Director
$0 $0 $0
ADAM HANSBERRY SENIOR VICE-PRESIDENT 0.00
Officer Director
$0 $0 $0
WILLIAM ROGERS TREASURER 0.00
Officer Director
$0 $0 $0
JOE PEMBERTON DIRECTOR 0.00
Director
$0 $0 $0
BRAD EBERSOLE PAST PRESIDENT 0.00
Officer Director
$0 $0 $0
DAVID HEJMANOWSKI PRESIDENT 0.00
Officer Director
$0 $0 $0
SUE BENNINGTON DIRECTOR 0.00
Director
$0 $0 $0
LINDA DIAMOND DIRECTOR 0.00
Director
$0 $0 $0
JIM MENDENHALL DIRECTOR 0.00
Director
$0 $0 $0
DON CHENOWETH DIRECTOR 0.00
Director
$0 $0 $0
J GREGORY NOBIS DIRECTOR 0.00
Director
$0 $0 $0
MARK SHIPPS DIRECTOR 0.00
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 No data No data No data No data
2023 $573,932 $582,939 $1,182,568 $-9,007
2022 $445,950 $528,161 $1,177,832 $-82,211
2021 $744,905 $389,043 $1,254,505 $355,862
2020 $222,577 $298,155 $919,525 $-75,578
2019 $577,899 $621,058 $817,675 $-43,159
2018 $677,648 $632,778 $852,989 $44,870
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