SKANEATELES FESTIVAL INC (EIN 222317577) - 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

1980

Legal Domicile

Principal Officer

SUSAN MARK

Phone

3156857418

Tax Period

2023-01-01 to 2023-12-31

SKANEATELES FESTIVAL INC, founded in 1980, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 33% operating margin.

Mission

THE ORGANIZATION IS A REGIONAL MUSIC FESTIVAL PRIMARILY DEDICATED TO PRODUCING AND PRESENTING AN ANNUAL SERIES OF LIVE CHAMBER MUSIC PERFORMANCES OF CLASSICAL MUSICIANS FOR THE BENEFIT OF THE CENTRAL NEW YORK AUDIENCE.

🔒

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 $712,404

Program Service Revenue $278,143

Investment Income $75,553

Other Revenue $0

TOTAL REVENUE $1,066,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $500,982

Fundraising Expenses $74,028

Program Expenses $592,448

Other Expenses $217,209

TOTAL EXPENSES $718,191

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,066,100	$700,953	+0.5%
Expenses	$718,191	$653,180	+0.1%
Net Income	$347,909	$47,773	+6.3%

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

271

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

$87,572

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD CONAN	TREASURER	1.00	Officer Director	$0	$0	$0
HEATHER CARROLL	PRESIDENT	1.00	Officer Director	$0	$0	$0
BARB CONNOR	DIRECTOR	0.50	Director	$0	$0	$0
SOMAK CHATTOPADHYAY	DIRECTOR	0.50	Director	$0	$0	$0
KIM DRISCOLL	DIRECTOR	0.50	Director	$0	$0	$0
ALISON FERRETTI	DIRECTOR	0.50	Director	$0	$0	$0
DAVE BIRCHENOUGH	DIRECTOR	0.50	Director	$0	$0	$0
LEANNA FISCHER	DIRECTOR	0.50	Director	$0	$0	$0
KATHLEEN HADDOCK	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA MILLMAN	DIRECTOR	0.50	Director	$0	$0	$0
KATIE PECK	RECORDING OFFICER	1.00	Officer Director	$0	$0	$0
DWIGHT PERRY	DIRECTOR	0.50	Director	$0	$0	$0
STEVEN SCHEINMAN	DIRECTOR	0.50	Director	$0	$0	$0
CARRIE SCHOLZ	DIRECTOR	0.50	Director	$0	$0	$0
PAIGE WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
BRIDGET WYNNE	DIRECTOR	0.50	Director	$0	$0	$0
DOUG WHITEHOUSE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE FRACKENPOHL	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN MARK	EXECUTIVE DIRECTOR	40.00	Officer	$85,021	$2,551	$87,572

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	$1,066,100	$718,191	$2,842,254	$347,909
2022	$700,953	$653,180	$2,314,510	$47,773
2021	$1,107,439	$427,052	$2,500,308	$680,387
2020	$392,605	$277,899	$1,989,180	$114,706
2019	$779,269	$650,614	$1,774,945	$128,655
2018	$549,488	$527,911	$1,499,962	$21,577

SKANEATELES FESTIVAL INC