THE RUTH PAGE FOUNDATION (EIN 237069159) - 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

1971

Legal Domicile

Principal Officer

SARA S SCHUMANN

Phone

3129232687

Tax Period

2024-07-01 to 2025-06-30

THE RUTH PAGE FOUNDATION, founded in 1971, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Expenses of $2.5M exceeded revenue, resulting in a 36% operating deficit.

Mission

THE RUTH PAGE FOUNDATION (THE FOUNDATION) IS A NONPROFIT ORGANIZATION WHICH OPERATES THE RUTH PAGE CENTER AND RUTH PAGE SCHOOL OF DANCE (THE SCHOOL), THE MISSION OF WHICH IS THE DEVELOPMENT OF DANCE AND ITS RELATED ARTS, INCLUDING TRAINING AND EDUCATION OF DANCERS AND CHOREOGRAPHERS IN THE PRODUCTION OF PERFORMING ARTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $307,107

Program Service Revenue $1,108,473

Investment Income $458,510

Other Revenue $-34,593

TOTAL REVENUE $1,839,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,251,524

Fundraising Expenses $0

Program Expenses $2,043,468

Other Expenses $1,247,956

TOTAL EXPENSES $2,499,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,839,497	$1,769,116	+0.0%
Expenses	$2,499,480	$2,276,094	+0.1%
Net Income	$-659,983	$-506,978	+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

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

$142,500

Total Directors

$142,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEA FLUM	CHAIR & PRESIDENT	2.00	Officer Director	$0	$0	$0
SALME HARJU STEINBERG	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SUZY ROBERTSON	BOARD SECRETARY	2.00	Officer Director	$57,500	$0	$57,500
KRISTIN BEAL MCLAURIN	DIRECTOR	2.00	Director	$0	$0	$0
LYNN FERSZT KRAVIS	DIRECTOR	2.00	Director	$0	$0	$0
JANICE CORLEY BLANEY	DIRECTOR	2.00	Director	$0	$0	$0
GLORIA L MATERRE	DIRECTOR	2.00	Director	$0	$0	$0
DAN CONLEY	DIRECTOR	2.00	Director	$0	$0	$0
DORI ROTHSCHILD	DIRECTOR	2.00	Director	$0	$0	$0
SARA S SCHUMANN	EXECUTIVE DIRECTOR	40.00	Officer Director	$85,000	$0	$85,000

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	$1,839,497	$2,499,480	$13,087,651	$-659,983
2024	No data	No data	No data	No data
2023	$1,519,077	$2,409,323	$13,522,191	$-890,246
2022	$1,866,896	$2,257,208	$13,823,879	$-390,312
2021	$1,270,200	$1,955,060	$16,465,863	$-684,860
2021	$1,434,602	$1,856,872	$16,627,183	$-422,270
2020	$1,395,753	$2,129,925	$15,010,833	$-734,172
2019	$1,475,444	$2,075,794	$16,414,438	$-600,350

THE RUTH PAGE FOUNDATION