CMA-SEVERANCE MILLIKIN TA

EIN: 346844729 501(c)(3) Arts, Culture & Humanities

BROOKLYN, OH

Total Revenue
$1,268,969
Total Expenses
$416,811
Total Assets
$6,173,500
Net Assets
$6,173,500
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
OH
Phone
2166897538
Tax Period
2024-01-01 to 2024-12-31

CMA-SEVERANCE MILLIKIN TA, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 538% from the prior year, signaling strong growth momentum. The organization ran a surplus of $852K, a strong 67% operating margin.

Mission

GRANTS ARE MADE ACCORDING TO THE TRUST AGRREMENT DATED 2/23/1976.KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS TO THE CLEVELAND MUSEUMOF ART TO MAKE ART PURCHASES. UNDER THE OHIO INSTITUTIONAL TRUSTFUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUMOF INCOME BASE ON THE GREATER OF 5 PERCENT OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OFTHE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASENOTE THE CHARITY HAS A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEEHAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATIONTO QUALIFY AS A 509A3. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION

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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 $0
Program Service Revenue $0
Investment Income $1,268,969
Other Revenue $0
TOTAL REVENUE $1,268,969

Expense Breakdown

Grants Paid $362,220
Salaries & Benefits $50,021
Fundraising Expenses $0
Program Expenses $362,220
Other Expenses $4,570
TOTAL EXPENSES $416,811

Year-over-Year Comparison

2024 2023 Change
Revenue $1,268,969 $199,018 +5.4%
Expenses $416,811 $420,646 0.0%
Net Income $852,158 $-221,628 -4.8%
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
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 2.0
$50,021 $0 $50,021
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 No data No data No data No data
2024 $1,268,969 $416,811 $6,173,500 $852,158
2023 $199,018 $420,646 $5,338,715 $-221,628
2022 $330,126 $456,339 $5,560,343 $-126,213
2021 $438,501 $384,390 $5,686,557 $54,111
2020 $232,612 $383,090 $5,632,446 $-150,478
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