Sweetwater Art Center

EIN: 251263463 501(c)(3) Arts, Culture & Humanities

Sewickley, PA

Total Revenue
$1,597,871
Total Expenses
$931,055
Total Assets
$1,915,967
Net Assets
$1,287,541
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
PA
Principal Officer
Christine Brondyke
Phone
4127414405
Tax Period
2024-01-01 to 2024-12-31

Sweetwater Art Center, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $667K, a strong 42% operating margin.

Mission

To enrich the lives of children and adults in the communities that we serve by providing excellence in arts education and cultural programming.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,201,788
Program Service Revenue $360,145
Investment Income $22,512
Other Revenue $13,426
TOTAL REVENUE $1,597,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $404,857
Fundraising Expenses $90,749
Program Expenses $758,178
Other Expenses $526,198
TOTAL EXPENSES $931,055

Year-over-Year Comparison

2024 2023 Change
Revenue $1,597,871 $1,050,004 +0.5%
Expenses $931,055 $753,229 +0.2%
Net Income $666,816 $296,775 +1.2%
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

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Governance

Voting Members
18
Independent Members
18
Employees
23
Volunteers
200

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
5
$86,213
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gary Bates Board Member 5.00
Director
$0 $0 $0
Karen Zyck Galbraith Board Member 5.00
Director
$0 $0 $0
Chad Kanick Board Member 5.00
Director
$0 $0 $0
Christopher Chan Treasurer 5.00
Officer Director
$0 $0 $0
Nancy Sansom Board Member 5.00
Director
$0 $0 $0
Barbara Cooley Thaw Board Member 5.00
Director
$0 $0 $0
Tracey Staley Board Member 5.00
Director
$0 $0 $0
Sarah Aziz Vice President 5.00
Officer Director
$0 $0 $0
Terri Tunick President 5.00
Officer Director
$0 $0 $0
Jen Young Board Member 5.00
Director
$0 $0 $0
Christine Brondyke Executive Director 40.00
Officer
$82,216 $3,997 $86,213
Janice Patz Board Member 5.00
Director
$0 $0 $0
Bonita Penn Secretary 5.00
Officer Director
$0 $0 $0
Stephen Hunter Board Member 5.00
Director
$0 $0 $0
Marcie Coates Board Member 5.00
Director
$0 $0 $0
Shari Dearth Board Member 5.00
Director
$0 $0 $0
Stacey Neilson Board Member 5.00
Director
$0 $0 $0
Savannah Perez Board Member 5.00
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 $1,597,871 $931,055 $1,915,967 $666,816
2023 $1,050,004 $753,229 $1,264,510 $296,775
2022 $540,394 $546,136 $963,427 $-5,742
2021 $533,791 $378,707 $376,930 $155,084
2020 $467,001 $333,789 $217,852 $133,212
2019 $492,369 $587,223 $120,809 $-94,854
2018 $535,173 $498,010 $201,742 $37,163
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