CENTRAL SQUARE THEATER INC

🔒

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

2007

Legal Domicile

Principal Officer

LAURA ROBERTS

Phone

6175769278

Tax Period

2024-07-01 to 2025-06-30

CENTRAL SQUARE THEATER INC, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024.

Mission

CENTRAL SQUARE THEATER, THE OLDEST FEMALE-LED THEATER ORGANIZATION IN GREATER BOSTON, IS AN INNOVATOR IN THE NON-PROFIT ARTS FIELD IN COLLABORATIVE LEADERSHIP. CST ENGAGES OVER 35,000 PEOPLE ANNUALLY THROUGH LIVE PERFORMANCE, RIGOROUS YOUTH EDUCATION, AND COMMUNITY. CST WORKS CLOSELY WITH MIT ON CATALYST COLLABORATIVE@MIT (CC@MIT), ONE OF THE ONLY NATIONWIDE PARTNERSHIPS BETWEEN A WORLD CLASS RESEARCH INSTITUTE AND A PROFESSIONAL THEATER. CC@MIT CREATES AND PRESENTS PLAYS THAT DEEPEN PUBLIC ENGAGEMENT WITH SCIENCE, WHILE PROVIDING CREATIVE AND EMOTIONAL EXPERIENCES NOT AVAILABLE IN OTHER FORMS OF DIALOGUE ABOUT SCIENCE.

Program Service Accomplishments

Program 1

Expenses: $1,491,514 Revenue: $903,484

CENTRAL SQUARE THEATER IS A STATE-OF-THE-ART THEATRICAL ARTS FACILITY. AS A CULTURAL ANCHOR IN THE COMMUNITY, SCHOOLS, FAMILIES, AND COMMUNITY GROUPS BENEFIT FROM OUTREACH AND EDUCATIONAL PROGRAMS...

CENTRAL SQUARE THEATER IS A STATE-OF-THE-ART THEATRICAL ARTS FACILITY. AS A CULTURAL ANCHOR IN THE COMMUNITY, SCHOOLS, FAMILIES, AND COMMUNITY GROUPS BENEFIT FROM OUTREACH AND EDUCATIONAL PROGRAMS, AND THE LOCAL ECONOMY IS BOOSTED BY THE OVER 26,000 AUDIENCE MEMBERS THAT VISIT CST EACH YEAR AND ENJOY THE MULTICULTURAL, MULTI-GENERATIONAL, URBAN ENVIRNMENT OF CENTRAL SQUARE, CAMBRIDGE. CENTRAL SQUARE THEATER IS A VIBRANT HUB OF THEATRICAL, EDUCATIONAL, AND SOCIAL ACTIVITY, WHERE ARTIST AND AUDIENCE COME TOGETHER TO CREATE THEATER VITAL TO THE COMMUNITY. THE THEATER IS DEDICATED TO PROVIDING AFFORDABLE TICKET PRICES FOR UNDERSERVED COMMUNITIES AND OFFERS FREE OR DISCOUNTED TICKETS TO MANY NON-PROFIT ORGANIZATIONS. IT ALSO HOSTS COLLABORATIVE PROJECTS SUCH AS CATALYST COLLABORATIVE@MIT FOR SCIENCE.

🔒

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 $912,143

Program Service Revenue $903,281

Investment Income $0

Other Revenue $140,255

TOTAL REVENUE $1,955,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $768,729

Fundraising Expenses $190,578

Program Expenses $1,491,514

Other Expenses $1,174,978

TOTAL EXPENSES $1,943,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,955,679	$2,056,363	0.0%
Expenses	$1,943,707	$2,330,991	-0.2%
Net Income	$11,972	$-274,628	-1.0%

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

136

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

$127,516

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETSY BARD	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIZABETH BALDWIN	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN CORR	BOARD MEMBER	2.00	Director	$0	$0	$0
MITALENE FLETCHER	BOARD MEMBER	2.00	Director	$0	$0	$0
BETSY GROBAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOE LEVINE	BOARD MEMBER	2.00	Director	$0	$0	$0
JANE MINASIAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROLYN MUGAR	BOARD MEMBER	2.00	Director	$0	$0	$0
MELANIE WALLACE	BOARD MEMBER	2.00	Director	$0	$0	$0
CATHERINE CARR KELLY	EXECUTIVE DIRECTOR	40.00	Officer	$71,777	$0	$71,777
LEE MIKESKA GARDNER	ARTISTIC DIRECTOR	40.00	Officer	$55,739	$0	$55,739
LAURA ROBERTS	PRESIDENT	2.00	Officer	$0	$0	$0
KIMBERLY HOLLIDAY	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ROSS KRINSKY	TREASURER	2.00	Officer	$0	$0	$0
MARY DILL	CLERK	2.00	Officer	$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
2025	$1,955,679	$1,943,707	$1,163,718	$11,972
2024	$2,056,363	$2,330,991	$1,425,679	$-274,628
2023	$1,495,226	$2,049,816	$1,695,918	$-554,590
2022	$1,974,370	$1,613,248	$2,102,581	$361,122
2021	$1,541,772	$952,982	$2,355,431	$588,790
2020	$1,550,043	$1,715,062	$1,847,743	$-165,019
2019	$1,786,887	$1,824,373	$1,969,167	$-37,486
2018	$1,423,190	$1,566,434	$1,891,410	$-143,244