Cultural Arts Center of the Lakes Region

EIN: 371640860 501(c)(3)

Laconia, NH

Total Revenue
$262,213
Total Expenses
$491,916
Total Assets
$4,255
Net Assets
$4,255
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NH
Principal Officer
WARREN CLEMENT
Phone
6035242166
Tax Period
2021-01-01 to 2021-12-31

Cultural Arts Center of the Lakes Region, founded in 2011, is a small nonprofit that reported $262K in total revenue in fiscal year 2021. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $492K exceeded revenue, resulting in a 88% operating deficit.

Mission

To locate a high quality arts venue in the Lakes Region and to promote culture recreation and the performing arts in the Lakes Region ofNH

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $262,210
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $262,213

Expense Breakdown

Grants Paid $490,188
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,728
TOTAL EXPENSES $491,916

Year-over-Year Comparison

2021 2020 Change
Revenue $262,213 $463,786 -0.4%
Expenses $491,916 $238,679 +1.1%
Net Income $-229,703 $225,107 -2.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
13

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WARREN CLEMENT Chair and Treasurer 1.000
Director
$0 $0 $0
RODNEY DYER Director 1.000
Director
$0 $0 $0
JUSTIN SLATTERY Director 1.000
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
2021 $262,213 $491,916 $4,255 $-229,703
2019 $211,761 $1,074,054 $8,966 $-862,293
2018 $74,261 $3,784 $871,259 $70,477
Explore More Nonprofits
→Top 100 Nonprofits in New Hampshire →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Cultural Arts Center of the Lakes Region with other nonprofits in New Hampshire and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.