WCR CENTER FOR THE ARTS INC (EIN 320117034) - 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

2003

Legal Domicile

Principal Officer

WILLIAM G KOCH SR CPA

Phone

6106789700

Tax Period

2024-07-01 to 2025-06-30

WCR CENTER FOR THE ARTS INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $225K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $867K represent 46 months of operating reserves.

Mission

THE HISTORICAL PRESERVATION OF THE BUILDING AT 140 NORTH FIFTH STREET, READING, PA

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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 $180,332

Program Service Revenue $50,453

Investment Income $5,773

Other Revenue $-11,323

TOTAL REVENUE $225,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,425

Fundraising Expenses $45,582

Program Expenses $146,408

Other Expenses $179,728

TOTAL EXPENSES $227,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,235	$321,423	-0.3%
Expenses	$227,153	$159,697	+0.4%
Net Income	$-1,918	$161,726	-1.0%

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
JAYME RHOADS	PRESIDENT	30.00	Officer Director	$0	$0	$0
WILLIAM G KOCH SR CPA	TREASURER	15.00	Officer Director	$0	$0	$0
CAROL FISHER	SECRETARY	5.00	Officer Director	$0	$0	$0
CRAIG DODGE	DIRECTOR	5.00	Director	$0	$0	$0
KAREN M HODGE PHD	DIRECTOR	5.00	Director	$0	$0	$0
NEIL A HOFFMAN MD	DIRECTOR	5.00	Director	$0	$0	$0
CRYSTAL KOWALSKI	DIRECTOR	5.00	Director	$0	$0	$0
ANGIE LATTANZIO	DIRECTOR	5.00	Director	$0	$0	$0
PENELOPE P PROSERPI	DIRECTOR	2.00	Director	$0	$0	$0
DAVID TANNER	DIRECTOR	5.00	Director	$0	$0	$0
THOMAS B SOUDERS MD	DIRECTOR	5.00	Director	$0	$0	$0
KAY HARING	DIRECTOR	5.00	Director	$0	$0	$0
BRIAN PINTO	DIRECTOR	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
2025	$225,235	$227,153	$891,408	$-1,918
2024	$321,423	$159,697	$894,018	$161,726
2023	$322,459	$150,743	$772,554	$171,716
2022	$168,266	$103,222	$559,652	$65,044
2021	$52,497	$73,814	$492,569	$-21,317
2020	$66,031	$77,116	$494,966	$-11,085
2019	$77,256	$84,906	$506,451	$-7,650
2018	$65,452	$75,069	$514,656	$-9,617

WCR CENTER FOR THE ARTS INC