Metropolitan Arts Center (EIN 237008513) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1986

Legal Domicile

Principal Officer

Philip Mann

Phone

2052511228

Tax Period

2024-07-01 to 2025-06-30

Metropolitan Arts Center, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2018. Net assets of $3.7M represent 38 months of operating reserves.

Mission

To cultivate the arts in Jefferson County and the State of Alabama.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,014,434

Program Service Revenue $362,757

Investment Income $109,283

Other Revenue $16,445

TOTAL REVENUE $1,502,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,480

Fundraising Expenses $140,934

Program Expenses $768,334

Other Expenses $824,930

TOTAL EXPENSES $1,224,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,502,919	$1,108,618	+0.4%
Expenses	$1,224,410	$1,305,419	-0.1%
Net Income	$278,509	$-196,801	-2.4%

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

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

$100,000

Total Directors

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
P Nicholas Greenwood	Past Chair	0.50	Director	$0	$0	$0
Bradley Blair	Chairman	1.00	Officer Director	$0	$0	$0
Susan Nettles Han	Past Chair	0.50	Director	$0	$0	$0
David P Kassouf	Treasurer	0.50	Officer Director	$0	$0	$0
Michael Kassouf	Treasurer	0.50	Officer Director	$0	$0	$0
Garland Smith	Board Member	0.50	Director	$0	$0	$0
Alton Parker	At Large	0.50	Director	$0	$0	$0
Betty McMahon	At Large	0.50	Director	$0	$0	$0
Alison Howell Steineker	Vice Chairman	0.50	Officer Director	$0	$0	$0
Charles D McCrary	Chairman Emeritus	0.50	Director	$0	$0	$0
Dr Tommy Bice	Board Member	0.50	Director	$0	$0	$0
Charles L Cornelius Jr	Board Member	0.50	Director	$0	$0	$0
Donald W Dobbins Jr	Board Member	0.50	Director	$0	$0	$0
Krystal Drummond	Board Member	0.50	Director	$0	$0	$0
Judge Brendette Brown Green	Board Member	0.50	Director	$0	$0	$0
Beth Henderson	Board Member	0.50	Director	$0	$0	$0
Susan McCain	Board Member	0.50	Director	$0	$0	$0
Carol Maxwell	Board Member	0.50	Director	$0	$0	$0
Kelley Norwood	Board Member	0.50	Director	$0	$0	$0
Lucas Pepke	Board Member	0.50	Director	$0	$0	$0
Katie Rogers	Board Member	0.50	Director	$0	$0	$0
Cliff Spencer	Secretary	0.50	Officer Director	$0	$0	$0
Philip Mann	Executive Director	40.00	Officer Director	$100,000	$0	$100,000
Hampton Y Stephens	Board Member	0.50	Director	$0	$0	$0
Eric McMillan McCall	At Large	0.50	Director	$0	$0	$0
Polly Borasino	Board Member	0.50	Director	$0	$0	$0
Dr Andrew Duxbury	Board Member	0.50	Director	$0	$0	$0
Melody H Eagan	Board Member	0.50	Director	$0	$0	$0
John Iwanicki	Board Member	0.50	Director	$0	$0	$0
Dr Beth Norris	Board Member	0.50	Director	$0	$0	$0
Daniella Pigot	Board Member	0.50	Director	$0	$0	$0
Jackie Samford	Board Member	0.50	Director	$0	$0	$0
David Tapley	Board Member	0.50	Director	$0	$0	$0
Grey Yeager	Board Member	0.50	Director	$0	$0	$0
Lisa Gaines	Board Member	0.50	Director	$0	$0	$0
Mike Hardee	Board Member	0.50	Director	$0	$0	$0
Catherine Gilmore	President Emerita	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
2025	$1,502,919	$1,224,410	$4,177,148	$278,509
2024	No data	No data	No data	No data
2023	$824,304	$1,189,098	$3,858,632	$-364,794
2022	$1,705,369	$1,095,847	$4,072,987	$609,522
2021	$729,217	$863,499	$3,848,965	$-134,282
2020	$879,349	$1,012,139	$3,764,306	$-132,790
2019	$1,165,732	$1,199,565	$3,738,154	$-33,833

Metropolitan Arts Center