ODEUM CORPORATION (EIN 223115053) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

DANIEL SPECA

Phone

4018854000

Tax Period

2023-01-01 to 2023-12-31

ODEUM CORPORATION, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

TO DEVELOP AND OPERATE A CULTURAL CENTER FOR THE ARTS WHICH FEATURES RESIDENT AND TOURING PROFESSIONALS, EDUCATIONAL PROGRAMS IN THE ARTS, AND LOCAL AMATEUR TALENT, BY MAINTAINING A HISTORICALLY SIGNIFICANT THEATER.

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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 $62,091

Program Service Revenue $1,371,462

Investment Income $249

Other Revenue $94,168

TOTAL REVENUE $1,527,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $226,686

Fundraising Expenses $20,754

Program Expenses $1,425,899

Other Expenses $1,365,647

TOTAL EXPENSES $1,592,333

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,527,970	$1,268,397	+0.2%
Expenses	$1,592,333	$1,364,346	+0.2%
Net Income	$-64,363	$-95,949	-0.3%

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

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
DAN SPECA	PRESIDENT	20.00	Officer Director	$0	$0	$0
JEFFREY GLADSTONE	DIRECTOR	0.50	Director	$0	$0	$0
STEVEN FEINBERG	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOE MADDEN	DIRECTOR	0.50	Director	$0	$0	$0
ROGER SOKOLOSKY	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTOPHER MUSELLA	TREASURER	3.00	Officer Director	$0	$0	$0
KEVIN MUOIO	DIRECTOR	20.00	Director	$0	$0	$0
SUSAN DE LAMONTE	DIRECTOR	0.50	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	$1,527,970	$1,592,333	$2,734,836	$-64,363
2022	$1,268,397	$1,364,346	$2,709,557	$-95,949
2021	$965,135	$681,948	$2,773,043	$283,187
2020	$578,432	$477,525	$2,555,106	$100,907
2019	$1,225,801	$1,145,925	$2,456,887	$79,876
2018	$1,126,642	$999,832	$1,986,389	$126,810

ODEUM CORPORATION