Magenta Theater (EIN 331040809) - 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

2002

Legal Domicile

Principal Officer

Katie Skinner

Phone

3609493098

Tax Period

2024-01-01 to 2024-12-31

Magenta Theater, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $201K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $411K represent 25 months of operating reserves.

Mission

Magenta Theater creates community and entertainment one stage at a time. The organization is committed to quality performances and to bringing to the stage comedies, mysteries, dramas and musicals. Magenta encourages creativity through improv theater and promoting education.

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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 $35,216

Program Service Revenue $165,495

Investment Income $0

Other Revenue $45

TOTAL REVENUE $200,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,150

Program Expenses $38,214

Other Expenses $198,520

TOTAL EXPENSES $198,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,756	$230,129	-0.1%
Expenses	$198,520	$187,542	+0.1%
Net Income	$2,236	$42,587	-0.9%

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

140

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
Katie Skinner	President	3.00	Officer Director	$0	$0	$0
Lauren Scher	Vice President	2.00	Officer Director	$0	$0	$0
Rebecca Hoffman	Secretary	3.00	Officer Director	$0	$0	$0
Stephanie Green	Treasurer	3.00	Officer Director	$0	$0	$0
Dave Roberts	Executive Dir.	15.00	Director	$0	$0	$0
Gina George	Artistic Dir.	15.00	Director	$0	$0	$0
Tony Provenzola	Director	2.00	Director	$0	$0	$0
Nicole Raynor	Director	2.00	Director	$0	$0	$0
Tim Neill	Director	2.00	Director	$0	$0	$0
Cinda Connelly	Director	2.00	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
2024	$200,756	$198,520	$434,528	$2,236
2023	$230,129	$187,542	$431,941	$42,587
2021	$241,097	$137,056	$420,011	$104,041
2020	$124,558	$134,652	$336,514	$-10,094
2019	$267,961	$180,596	$385,580	$87,365

Magenta Theater