Springfield Art Association of Edwards Place

EIN: 376005963 501(c)(3) Arts, Culture & Humanities

Springfield, IL

Total Revenue
$1,077,925
Total Expenses
$1,420,197
Total Assets
$1,682,372
Net Assets
$1,672,086
🔒

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
1913
Legal Domicile
IL
Principal Officer
Betsy Dollar
Phone
2175232631
Tax Period
2023-06-01 to 2024-05-31

Springfield Art Association of Edwards Place, founded in 1913, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.4M exceeded revenue, resulting in a 32% operating deficit.

Mission

Not For Profit Visual Arts Organization

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $252,566
Program Service Revenue $678,961
Investment Income $60,371
Other Revenue $86,027
TOTAL REVENUE $1,077,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $714,901
Fundraising Expenses $57,221
Program Expenses $1,091,128
Other Expenses $705,296
TOTAL EXPENSES $1,420,197

Year-over-Year Comparison

2023 2022 Change
Revenue $1,077,925 $1,093,774 0.0%
Expenses $1,420,197 $1,256,146 +0.1%
Net Income $-342,272 $-162,372 +1.1%
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
26
Independent Members
26
Employees
45
Volunteers
200

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
7
$79,164
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pam VanAlstine Past President 1.00
Officer Director
$0 $0 $0
John Muchow President 1.00
Officer Director
$0 $0 $0
Tom George 1st Vice President 1.00
Officer Director
$0 $0 $0
Karen Carlson 2nd Vice President 1.00
Officer Director
$0 $0 $0
Aaron Horath Secretary 1.00
Officer Director
$0 $0 $0
Johanna Hiebenstreit Treasurer 1.00
Officer Director
$0 $0 $0
Deanie Brown Board Member 1.00
Director
$0 $0 $0
Julie Brown Board Member 1.00
Director
$0 $0 $0
Bob Marcy Board Member 1.00
Director
$0 $0 $0
Elizabeth Watson Board Member 1.00
Director
$0 $0 $0
Elizabeth Davidson Board Member 1.00
Director
$0 $0 $0
Terrance Jordan Board Member 1.00
Director
$0 $0 $0
Kathlyn Edwards Board Member 1.00
Director
$0 $0 $0
Camellia Staab Board Member 1.00
Director
$0 $0 $0
Julie Beveridge Board Member 1.00
Director
$0 $0 $0
Mark Franklin Board Member 1.00
Director
$0 $0 $0
Kirsten Davis Franklin Board Member 1.00
Director
$0 $0 $0
Debra Nickelson Smith Board Member 1.00
Director
$0 $0 $0
Ronni Norton Board Member 1.00
Director
$0 $0 $0
Leslie Goad Board Member 1.00
Director
$0 $0 $0
Laura Reyman Board Member 1.00
Director
$0 $0 $0
Suzie Spada Board Member 1.00
Director
$0 $0 $0
Stephanie Thomas Board Member 1.00
Director
$0 $0 $0
Elizabeth Thai Board Member 1.00
Director
$0 $0 $0
Kate Tierney Board Member 1.00
Director
$0 $0 $0
Tonya Fry Board Member 1.00
Director
$0 $0 $0
Betsy Dollar Executive Director 40.00
Officer
$79,164 $0 $79,164
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
2024 No data No data No data No data
2024 $1,077,925 $1,420,197 $1,682,372 $-342,272
2023 $1,093,774 $1,256,146 $2,023,113 $-162,372
2022 $1,710,598 $1,612,838 $2,184,986 $97,760
2021 $998,442 $850,864 $2,087,742 $147,578
2020 $1,772,351 $877,398 $1,937,918 $894,953
2019 $1,375,719 $1,951,440 $1,117,831 $-575,721
2018 $1,067,058 $1,494,833 $1,613,400 $-427,775
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Springfield Art Association of Edwards Place with other nonprofits in Illinois and across the country.