THE SOCIETY FOR ART IN CRAFTS (EIN 251375646) - 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

1979

Legal Domicile

Principal Officer

RACHEL REARICK

Phone

4122617003

Tax Period

2024-07-01 to 2025-06-30

THE SOCIETY FOR ART IN CRAFTS, founded in 1979, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 270% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 63% operating margin.

Mission

TO ENGAGE THE PUBLIC IN THE CREATIVE EXPERIENCE THROUGH CONTEMPORARY CRAFT.

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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 $3,990,020

Program Service Revenue $182,949

Investment Income $328,348

Other Revenue $69,564

TOTAL REVENUE $4,570,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $862,557

Fundraising Expenses $196,166

Program Expenses $1,052,219

Other Expenses $831,184

TOTAL EXPENSES $1,700,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,570,881	$1,235,876	+2.7%
Expenses	$1,700,954	$1,285,115	+0.3%
Net Income	$2,869,927	$-49,239	-59.3%

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

$116,317

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER NEAL	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID ZEVE	TREASURER	2.00	Officer Director	$0	$0	$0
LISA BELLOLI	SECRETARY	2.00	Officer Director	$0	$0	$0
LESLIE FLEISHER	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA A SHEAHAN	DIRECTOR	2.00	Director	$0	$0	$0
JENEE' OLIVER	DIRECTOR	2.00	Director	$0	$0	$0
MICHELE O'LEARY	DIRECTOR	2.00	Director	$0	$0	$0
MATT NEISTEIN	DIRECTOR	2.00	Director	$0	$0	$0
RISE NAGIN	DIRECTOR	2.00	Director	$0	$0	$0
MOUNIR KASHKOUSH	DIRECTOR	2.00	Director	$0	$0	$0
TRACY JOHNSTON	DIRECTOR	2.00	Director	$0	$0	$0
EMMA WALLIS JONES	DIRECTOR	2.00	Director	$0	$0	$0
MARY ELLEN JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER GUIGNON	DIRECTOR	2.00	Director	$0	$0	$0
GRETCHEN GIVENS GENERETT	DIRECTOR	2.00	Director	$0	$0	$0
LORENE VINSKI	DIRECTOR	2.00	Director	$0	$0	$0
DOMENIC DOZZI	DIRECTOR	2.00	Director	$0	$0	$0
DEREK DAUPHIN	DIRECTOR	2.00	Director	$0	$0	$0
DARLA CRAVOTTA	DIRECTOR	2.00	Director	$0	$0	$0
CAPPY COUNARD	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDER CO	DIRECTOR	2.00	Director	$0	$0	$0
MELANIE CLAXTON	DIRECTOR	2.00	Director	$0	$0	$0
NINA MARIE BARBUTO	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN GOLOMB	DIRECTOR	2.00	Director	$0	$0	$0
VERNELLE NOEL	DIRECTOR	2.00	Director	$0	$0	$0
MINETTE VACCARIELLO	DIRECTOR	2.00	Director	$0	$0	$0
BRADLEY WILKINS	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL REARICK	EXECUTIVE DIRECTOR	40.00	Officer	$109,584	$6,733	$116,317

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	$4,570,881	$1,700,954	$13,758,123	$2,869,927
2024	$1,235,876	$1,285,115	$9,232,142	$-49,239
2023	$1,676,072	$1,239,873	$9,041,719	$436,199
2022	$1,193,962	$1,200,308	$8,509,040	$-6,346
2021	$1,230,942	$1,036,250	$8,771,016	$194,692
2020	$3,985,714	$914,431	$8,699,117	$3,071,283
2019	$2,321,517	$788,326	$4,958,242	$1,533,191

THE SOCIETY FOR ART IN CRAFTS