ASSOCIATION FOR THE COLONIAL THEATRE (EIN 232846336) - 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

1996

Legal Domicile

Principal Officer

JENNIFER CARLSON

Phone

6109171228

Tax Period

2023-09-01 to 2024-08-31

ASSOCIATION FOR THE COLONIAL THEATRE, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO SHOWCASE THE TRANSFORMATIVE POWER OF THE ARTS TO ENRICH LIVES AND CONNECT PEOPLE

🔒

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 $336,985

Program Service Revenue $1,029,601

Investment Income $22,803

Other Revenue $318,738

TOTAL REVENUE $1,708,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $731,576

Fundraising Expenses $123,935

Program Expenses $1,701,463

Other Expenses $1,347,371

TOTAL EXPENSES $2,078,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,708,127	$2,120,194	-0.2%
Expenses	$2,078,947	$2,289,724	-0.1%
Net Income	$-370,820	$-169,530	+1.2%

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

125

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

$106,651

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOCELYN S HARRIS	PRESIDENT	5.00	Officer Director	$0	$0	$0
SUSAN BERRY-GORELLI	CO-VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARYLOUISE STERGE	CO-VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PAULINE MONSON	SECRETARY	2.00	Officer Director	$0	$0	$0
MATTHEW CARBERRY	TREASURER	2.00	Officer Director	$0	$0	$0
RONALD ARENA	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA H BRADBEER	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE R D'ERCOLE	DIRECTOR AS OF MARCH	1.00	Director	$0	$0	$0
JANICE HARTMANN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD A KUNSCH SR	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH B MUMMA	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN SUTHERLAND	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM M ANDERSEN	DIRECTOR THRU SEPTEMBER	1.00	Director	$0	$0	$0
STEPHEN H KALIS	DIRECTOR THRU SEPTEMBER	1.00	Director	$0	$0	$0
MARIAN D MOSKOWITZ	DIRECTOR THRU SEPTEMBER	1.00	Director	$0	$0	$0
SUZANNE V NORRIS	DIRECTOR THRU SEPTEMBER	1.00	Director	$0	$0	$0
JENNIFER CARLSON	EXECUTIVE DIRECTOR	40.00	Officer	$104,560	$2,091	$106,651

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	$1,708,127	$2,078,947	$7,711,914	$-370,820
2023	$2,120,194	$2,289,724	$8,059,102	$-169,530
2022	$1,876,760	$2,076,359	$8,598,251	$-199,599
2021	$1,436,058	$1,205,903	$9,083,228	$230,155
2020	$1,183,225	$1,574,959	$8,748,978	$-391,734
2019	$1,876,040	$2,116,241	$9,201,672	$-240,201
2018	$1,677,707	$2,065,203	$9,873,144	$-387,496

ASSOCIATION FOR THE COLONIAL THEATRE