ART ON THE SQUARE FOUNDATION INC

EIN: 383674610 501(c)(3) Arts, Culture & Humanities

BELLEVILLE, IL

Total Revenue
$346,524
Total Expenses
$289,163
Total Assets
$525,195
Net Assets
$525,195
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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
2001
Legal Domicile
IL
Principal Officer
LUCY FLYNN
Phone
6182571772
Tax Period
2025-01-01 to 2025-12-31

ART ON THE SQUARE FOUNDATION INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $347K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 17% operating margin.

Mission

THE FOUNDATION SEEKS TO FOSTER THE APPRECIATION OF THE VISUAL AND PERFORMING ARTS AMONG A DIVERSE PUBLIC BY PRESENTING AN EXHIBIT AND SALE OF FINE ART, PROVIDING ENJOYABLE AND EDUCATIONAL WORKSHOPS FOR CHILDREN, AND HIGHLIGHTING THE IMPORTANCE OF THE CREATIVE PROCESS.

Program Service Accomplishments

Program 1
Expenses: $251,869 Revenue: $147,702

ANNUAL FESTIVAL HELD DURING THE SECOND WEEKEND OF MAY. THE ANNUAL FESTIVAL PROVIDED ART AWARENESS TO THE COMMUNITY, A CHILDRENS ART FAIR, AND ATTRACTED MANY QUALITY ARTISTS INTO THE AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $183,672
Program Service Revenue $147,702
Investment Income $9,479
Other Revenue $5,671
TOTAL REVENUE $346,524

Expense Breakdown

Grants Paid $3,650
Salaries & Benefits $0
Fundraising Expenses $4,592
Program Expenses $251,869
Other Expenses $285,513
TOTAL EXPENSES $289,163

Year-over-Year Comparison

2025 2024 Change
Revenue $346,524 $286,542 +0.2%
Expenses $289,163 $291,226 0.0%
Net Income $57,361 $-4,684 -13.2%
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
5
Independent Members
5
Employees
N/A
Volunteers
350

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL BARTLE PRESIDENT 3.00
Officer Director
$0 $0 $0
STEPHANIE DORRIS BOARD MEMBER (TERM END) 2.00
Director
$0 $0 $0
JENNIFER GAIN MEYER BOARD MEMBER (TERM END) 1.00
Director
$0 $0 $0
JULIE HARVEY BOARD MEMBER (TERM END) 1.00
Director
$0 $0 $0
ANNE THOMURE BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA HANISZEWSKI BOARD MEMBER (TERM END) 1.00
Director
$0 $0 $0
LUCY FLYNN TREASURER 2.00
Officer Director
$0 $0 $0
REBECCA BOYER SECRETARY 1.00
Officer Director
$0 $0 $0
KARL GILPIN BOARD MEMBER 1.00
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
2025 $346,524 $289,163 $525,195 $57,361
2024 $286,542 $291,226 $468,669 $-4,684
2023 $326,132 $306,198 $479,303 $19,934
2022 $434,943 $428,780 $442,989 $6,163
2021 $332,056 $298,204 $442,309 $33,852
2020 $11,996 $50,632 $503,881 $-38,636
2019 $363,184 $519,203 $467,906 $-156,019
2018 $571,108 $573,381 $427,806 $-2,273
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