RENAISSANCE PERFORMING ARTS ASSOCIATION INC

EIN: 341300583 501(c)(3) Arts, Culture & Humanities

MANSFIELD, OH

Total Revenue
$2,412,386
Total Expenses
$2,646,336
Total Assets
$7,864,002
Net Assets
$7,155,210
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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
1979
Legal Domicile
OH
Principal Officer
CHELSIE THOMPSON
Phone
4195222726
Tax Period
2024-07-01 to 2025-06-30

RENAISSANCE PERFORMING ARTS ASSOCIATION INC, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Net assets of $7.2M represent 36 months of operating reserves.

Mission

TO PROVIDE THE COMMUNITY CULTURAL AND EDUCATIONAL ENHANCEMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,524,420
Program Service Revenue $702,835
Investment Income $43,085
Other Revenue $142,046
TOTAL REVENUE $2,412,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,060,249
Fundraising Expenses $110,324
Program Expenses $2,028,520
Other Expenses $1,586,087
TOTAL EXPENSES $2,646,336

Year-over-Year Comparison

2024 2023 Change
Revenue $2,412,386 $1,896,312 +0.3%
Expenses $2,646,336 $2,549,929 +0.0%
Net Income $-233,950 $-653,617 -0.6%
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

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Governance

Voting Members
11
Independent Members
11
Employees
183
Volunteers
117

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
5
$96,800
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT HEIMANN CHAIR 2.00
Officer Director
$0 $0 $0
CODY ALBERT VICE CHAIR 2.00
Officer Director
$0 $0 $0
JULIE TOBIAS TREASURER 2.00
Officer Director
$0 $0 $0
MARCELLA SMITH SECRETARY 2.00
Officer Director
$0 $0 $0
JASON PAINLEY TRUSTEE 2.00
Director
$0 $0 $0
MICHELE GORMAN TRUSTEE 2.00
Director
$0 $0 $0
NICK ATTERHOLT TRUSTEE 2.00
Director
$0 $0 $0
CHUCK CANGELOSI TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER HURST TRUSTEE 2.00
Director
$0 $0 $0
MARTIN TREMMEL TRUSTEE 2.00
Director
$0 $0 $0
JILL GUTH TRUSTEE 2.00
Director
$0 $0 $0
CHELSIE THOMPSON PRESIDENT & CEO 40.00
Officer
$96,800 $0 $96,800
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 $2,412,386 $2,646,336 $7,864,002 $-233,950
2024 No data No data No data No data
2023 $1,710,753 $2,211,422 $7,959,478 $-500,669
2022 $1,804,560 $2,168,181 $8,474,774 $-363,621
2021 $2,711,508 $1,629,413 $8,869,813 $1,082,095
2020 $1,722,346 $1,739,434 $7,273,010 $-17,088
2019 $2,680,158 $2,144,408 $7,488,182 $535,750
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