CREATIVE ARTS CENTER IN CHATHAM INC (EIN 237405274) - 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

1969

Legal Domicile

Principal Officer

JUSTIN ALEX

Phone

5089453583

Tax Period

2024-01-01 to 2024-12-31

CREATIVE ARTS CENTER IN CHATHAM INC, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $456K in total revenue in fiscal year 2024.

Mission

ESTABLISHED IN 1969, THE CREATIVE ARTS CENTER IS A NON-PROFIT ORGANIZATION DEDICATED TO THE TEACHING AND APPRECIATION OF THE ARTS. OPEN ALL YEAR, THE CENTER OFFERS CLASSES AND WORKSHOPS IN DRAWING, PAINTING, PHOTOGRAPHY, PRINTMAKING, POTTERY AND JEWELRY. IN ADDITION TO OFFERINGS BY ITS OWN OUTSTANDING TEACHING STAFF, THE CREATIVE ARTS CENTER ALSO SPONSORS WORKSHOPS BY SUCH NATIONALLY KNOWN ARTISTS AS LIBBY KYER, DON DEMERS, EDWARD MINCHIN, JOSEPH PAQUET, MEL STABIN, WILLIAM DAVIS AND MARY WHYTE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $77,265

Program Service Revenue $260,509

Investment Income $25,030

Other Revenue $93,267

TOTAL REVENUE $456,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,475

Fundraising Expenses $22,047

Program Expenses $398,136

Other Expenses $279,376

TOTAL EXPENSES $499,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,071	$431,756	+0.1%
Expenses	$499,851	$406,048	+0.2%
Net Income	$-43,780	$25,708	-2.7%

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

100

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

$96,453

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY MIDDLETON	EXECUTIVE DI	40.00	Director	$94,953	$1,500	$96,453
SUSAN ADLER	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN ALEX	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHANNA CAHOON	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN COFFEY	DIRECTOR	2.00	Director	$0	$0	$0
MIMI COXSON	DIRECTOR	2.00	Director	$0	$0	$0
DAN GELLER	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD HALL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MADONNA HITCHCOCK	DIRECTOR	2.00	Director	$0	$0	$0
HANK HOLDEN	PAST PRESIDE	2.00	Director	$0	$0	$0
THADDEA KUCHERA	SECRETARY	N/A	Officer Director	$0	$0	$0
THADDEA KUCHERA	DIRECTOR	2.00	Director	$0	$0	$0
MARY MCDERMOTT	DIRECTOR	2.00	Director	$0	$0	$0
JOAN-ELLEN MESSINA	TREASURER	N/A	Officer Director	$0	$0	$0
LISA SETIAN	DIRECTOR	2.00	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	$456,071	$499,851	$668,594	$-43,780
2023	$431,756	$406,048	$684,033	$25,708
2022	$387,273	$348,751	$628,404	$38,522
2021	$365,975	$286,016	$708,316	$79,959
2020	$231,556	$257,602	$617,053	$-26,046
2019	$367,607	$353,542	$618,007	$14,065
2018	$383,946	$353,201	$561,820	$30,745

CREATIVE ARTS CENTER IN CHATHAM INC