QUINCY SOCIETY OF FINE ARTS

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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

1947

Legal Domicile

Principal Officer

BILL STALDER

Phone

2172223432

Tax Period

2024-07-01 to 2025-06-30

QUINCY SOCIETY OF FINE ARTS, founded in 1947, is a small nonprofit in the Arts, Culture & Humanities sector that reported $408K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $359K left a modest 12% surplus.

Mission

TO PROMOTE ARTS IN THE COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $99,143 Revenue: $32,643

ARTS QUINCY MAGAZINE TO PROMOTE ART ACTIVITIES

Program 2

Expenses: $71,102

ARTS IN EDUCATION TO PROVIDE ART ACTIVITIES TO LOCAL SCHOOLS AND THE COMMUNITY.

Program 3

Expenses: $90,202

MISCELLANEOUS PROGRAMS AND EVENTS, INCLUDING REGRANTING PROGRAM TO PROVIDE FUNDS FOR VARIOUS ART ACTIVITIES.

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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 $310,661

Program Service Revenue $32,386

Investment Income $64,691

Other Revenue $257

TOTAL REVENUE $407,995

Expense Breakdown

Grants Paid $48,571

Salaries & Benefits $150,187

Fundraising Expenses $27,538

Program Expenses $285,555

Other Expenses $160,239

TOTAL EXPENSES $358,997

Year-over-Year Comparison

	2024	2023	Change
Revenue	$407,995	$328,373	+0.2%
Expenses	$358,997	$319,754	+0.1%
Net Income	$48,998	$8,619	+4.7%

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

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

$84,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE BICKHAUS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDREW CASHMAN	TREASURER	1.00	Officer Director	$0	$0	$0
BILL STALDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHI DOOLEY	DIRECTOR	1.00	Director	$0	$0	$0
MORGAN MILES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SOUSA	SECRETARY	1.00	Officer Director	$0	$0	$0
ELISE NOTHOLD	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK SCHOLZ	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINA DULA	DIRECTOR	1.00	Director	$0	$0	$0
SARA GRAWE	DIRECTOR	1.00	Director	$0	$0	$0
ALANA FLYNN	DIRECTOR	1.00	Director	$0	$0	$0
JOE OTT	DIRECTOR	1.00	Director	$0	$0	$0
KENYETTA MCFALL	DIRECTOR	1.00	Director	$0	$0	$0
LAURA SIEVERT	EXECUTIVE DIRECTOR	40.00	Officer	$80,354	$4,018	$84,372

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	$407,995	$358,997	$1,052,318	$48,998
2024	$328,373	$319,754	$1,061,814	$8,619
2023	$406,422	$304,347	$915,605	$102,075
2022	$334,916	$273,100	$775,640	$61,816
2021	$461,449	$311,759	$877,847	$149,690
2020	$372,141	$354,594	$653,008	$17,547
2019	$283,592	$250,145	$607,129	$33,447