Fine Arts Radio Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Fine Arts Radio Inc, founded in 1985, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 34% operating margin.

Mission

Fine Arts Radio, Inc. is a 501(c)(3) non-profit dedicated to supporting classical and classic music in Connecticut and New York

Program Service Accomplishments

Program 1

Expenses: $23,811

Fine Arts Radio Inc (the corporation) funds the operationsof public radio station WMNR Fine Arts Radio

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,953

Program Service Revenue $0

Investment Income $16,468

Other Revenue $0

TOTAL REVENUE $47,421

Expense Breakdown

Grants Paid $23,811

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,811

Other Expenses $7,334

TOTAL EXPENSES $31,145

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,421	$61,419	-0.2%
Expenses	$31,145	$70,857	-0.6%
Net Income	$16,276	$-9,438	-2.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Virginia Schneider	Director	1.00	Director	$0	$0	$0
Cliff Mills	Director	0.00	Director	$0	$0	$0
John Ryden	Director	0.00	Director	$0	$0	$0
Nancy Sudik	Director	0.00	Director	$0	$0	$0
John Babina	Director	0.00	Director	$0	$0	$0
Carol Babina	Director	0.00	Director	$0	$0	$0
Jane Stadler	Co-Vice Chair	2.00	Officer	$0	$0	$0
Parker Prout	Co-Vice Chair Secretary	1.00	Officer	$0	$0	$0
Karen Devonshuk	Treasurer Director	3.00	Officer	$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
2023	$47,421	$31,145	$511,441	$16,276