Triangle ArtWorks Inc (EIN 272580374) - 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

2010

Legal Domicile

Phone

9196022121

Tax Period

2024-07-01 to 2025-06-30

Triangle ArtWorks Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $215K in total revenue in fiscal year 2024. The organization ran a surplus of $59K, a strong 28% operating margin.

Mission

The mission of Triangle Artworks Inc is to provide the services, support and resources necessary to cultivate and ensure a vibrant and financially thriving arts business sector.

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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 $113,559

Program Service Revenue $101,328

Investment Income $307

Other Revenue $0

TOTAL REVENUE $215,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,781

Program Expenses $93,281

Other Expenses $155,814

TOTAL EXPENSES $155,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,194	N/A	N/A
Expenses	$155,814	N/A	N/A
Net Income	$59,380	N/A	N/A

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

N/A

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
Rick Bennett	Bd of Directors	0.50	Director	$0	$0	$0
Andrea Dobbie	Bd of Directors	0.50	Director	$0	$0	$0
Vicki Rees	Bd of Directors	0.50	Director	$0	$0	$0
Grace Li Wang	Bd of Directors	0.50	Director	$0	$0	$0
Rosalie Bouck	Bd of Directors	0.50	Director	$0	$0	$0
Babette Stone	Bd of Directors	0.50	Director	$0	$0	$0
Mark Tulbert	Bd of Directors	0.50	Director	$0	$0	$0
Andrew Zerfass	Bd of Directors	0.50	Director	$0	$0	$0
Lana Dennis	Bd of Directors	0.50	Director	$0	$0	$0
Rachel Nunn	Bd of Directors	0.50	Director	$0	$0	$0
Joel Tesch	Bd of Directors	0.50	Director	$0	$0	$0
Sydney Greene	Vice Chair	0.50	Officer	$0	$0	$0
Susan Jones	Treasurer	0.50	Officer	$0	$0	$0
Veronique Moses	Past Chair	0.50	Officer	$0	$0	$0
Quianna Lewis	Secretary	0.50	Officer	$0	$0	$0
Brian Sullivan	Chairman	0.50	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	$215,194	$155,814	$180,485	$59,380

Triangle ArtWorks Inc