LOWELL ARTS (EIN 382226024) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

ROB FREUND

Phone

6168978545

Tax Period

2025-01-01 to 2025-12-31

LOWELL ARTS, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $292K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $363K exceeded revenue, resulting in a 24% operating deficit.

Mission

CONNECTING REGIONAL ARTISTS AND AUDIENCES THROUGH THE VISUAL AND PERFORMING ARTS. LOWELLARTS PROVIDES PROGRAM OPPORTUNITIES FOR ARTISTS TO EXHIBIT AND PERFORMS,AND FOR RESIDENTS TO DEVELOP THEIR OWN CREATIVE TALENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $114,114

Program Service Revenue $178,294

Investment Income $0

Other Revenue $0

TOTAL REVENUE $292,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,395

Fundraising Expenses $7,548

Program Expenses $118,109

Other Expenses $180,736

TOTAL EXPENSES $363,131

Year-over-Year Comparison

	2025	2024	Change
Revenue	$292,408	$368,890	-0.2%
Expenses	$363,131	$412,041	-0.1%
Net Income	$-70,723	$-43,151	+0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE CLEMENTS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JULIE DEVOE	TREASURER	1.00	Officer	$0	$0	$0
ERIN FOLTZ	DIRECTOR	1.00	Director	$0	$0	$0
LYSSARA FORD	DIRECTOR	1.00	Director	$0	$0	$0
ROB FREUND	CHAIR	1.00	Officer	$0	$0	$0
AMY GLESS	DIRECTOR	1.00	Director	$0	$0	$0
KEITH GOLINSKI	DIRECTOR	1.00	Director	$0	$0	$0
SHARON OLENICZAK	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY TERRY	DIRECTOR	1.00	Director	$0	$0	$0
MARY TOBIN	SECRETARY	1.00	Officer	$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
2025	$292,408	$363,131	$1,273,077	$-70,723
2024	$368,890	$412,041	$1,334,065	$-43,151
2023	$353,359	$375,026	$1,366,413	$-21,667
2022	$332,527	$338,848	$1,407,580	$-6,321
2021	$379,431	$377,278	$1,403,462	$2,153
2020	$313,685	$258,124	$1,380,008	$55,561
2019	$321,603	$302,262	$1,311,554	$19,341
2018	$325,391	$292,846	$1,292,555	$32,545

LOWELL ARTS