TOLEDO, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TOLEDO CULTURAL ARTS CENTER INC, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 7% surplus.
THE TOLEDO CULTURAL ARTS CENTER, A NOT-FOR-PROFIT ORGANIZATION, PRODUCES AND PROVIDES CULTURAL AND PERFORMING ARTS EXPERIENCES FOR DIVERSE AUDIENCES OF ALL AGES IN THE CITY OF TOLEDO, LUCAS COUNTY, NORTHWEST OHIO AND SOUTHEAST MICHIGAN.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,344,599 | $2,029,616 | +0.2% |
| Expenses | $2,180,985 | $2,095,673 | +0.0% |
| Net Income | $163,614 | $-66,057 | -3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID RECTENWALD | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISTEN NICHOLSON | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALAN KLINE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLARE GORSKI | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL AUST | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE BOWE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD BERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARROLL ASHLEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY FINCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DANA LOEB | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA OWENS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS PALMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH CULLING | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH SWEENEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA TONEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM WOLFF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SPEGELE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM STENGLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE WHITE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLYN LOSS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ABIGAIL GLANVILLE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$80,202 | $8,151 | $88,353 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,344,599 | $2,180,985 | $9,747,948 | $163,614 |
| 2024 | $2,029,616 | $2,095,673 | $9,125,942 | $-66,057 |
| 2023 | $1,896,648 | $2,077,047 | $8,693,481 | $-180,399 |
| 2022 | $2,152,280 | $1,757,751 | $8,491,733 | $394,529 |
| 2021 | $1,822,626 | $839,473 | $9,496,896 | $983,153 |
Compare TOLEDO CULTURAL ARTS CENTER INC with other nonprofits in Ohio and across the country.