CULTURAL ALLIANCE OF WESTERN CONNECTICUT INC (EIN 260811232) - 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

2004

Legal Domicile

Principal Officer

LEW WALLACE

Phone

2037980760

Tax Period

2023-01-01 to 2023-12-31

CULTURAL ALLIANCE OF WESTERN CONNECTICUT INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $174K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

TO EMPOWER THE PROFESSIONAL ARTS COMMUNITY TO GROW THE ECONOMY AND ENRICH PEOPLE'S LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $77,578

Program Service Revenue $95,851

Investment Income $381

Other Revenue $0

TOTAL REVENUE $173,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,015

Fundraising Expenses $14,314

Program Expenses $133,210

Other Expenses $83,415

TOTAL EXPENSES $169,430

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,810	$201,711	-0.1%
Expenses	$169,430	$207,712	-0.2%
Net Income	$4,380	$-6,001	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA GARTNER	DIRECTOR	0.50	Director	$0	$0	$0
LEW WALLACE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAWN KAAM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL STEINMETZ	SECRETARY	0.50	Officer Director	$0	$0	$0
PAULA WOODHOUSE	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS DAUGHERTY	DIRECTOR	0.50	Director	$0	$0	$0
VICKI TAYLOR-BLOCH	DIRECTOR	0.50	Director	$0	$0	$0
MATT AUSTIN	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN SHANER	DIRECTOR	0.50	Director	$0	$0	$0
MAKAYLA HILL	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$173,810	$169,430	$79,660	$4,380
2022	$201,711	$207,712	$75,480	$-6,001
2021	$171,212	$102,929	$81,832	$68,283
2020	$100,843	$98,796	$57,481	$2,047
2019	$103,221	$112,529	$34,591	$-9,308
2018	$104,848	$102,427	$9,677	$2,421

CULTURAL ALLIANCE OF WESTERN CONNECTICUT INC