HUDSON, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PHIPPS CENTER FOR THE ARTS INC, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $707K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $949K exceeded revenue, resulting in a 34% operating deficit.
THE PHIPPS CENTER FOR THE ARTS, PROPELLED BY OUR COMMUNITY-BASED ARTS COUNCIL, SERVES AS A WELCOMING AND OPEN HOME FOR THE ST. CROIX RIVER VALLEY REGION AND BEYOND, EMPOWERING AND CULTIVATING LIFELONG ARTISTIC EXPRESSION, PARTICIPATION AND APPRECIATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $706,649 | $1,583,707 | -0.6% |
| Expenses | $949,323 | $1,956,310 | -0.5% |
| Net Income | $-242,674 | $-372,603 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAUL MCGINNIS | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREA VOEKLER | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM VAN PELT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK SCHAEFFER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLORIA ADRIAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE BROWN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM DAHLE | BOARD MEMBER | 1.00 |
Director
|
$6,750 | $0 | $6,750 |
| KENDRA DARE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN DENZER MACSWAIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY HABISCH-AHLIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL HUBER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY JADER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAWN LEWANDOWSKI | BOARD MEMBER | 1.00 |
Director
|
$1,011 | $0 | $1,011 |
| GRETA LEWIS | BOARD MEMBER | 1.00 |
Director
|
$5,203 | $0 | $5,203 |
| HEIDI TANSOM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BENJAMIN THIETJE | EXECUTIVE DI | 40.00 |
Officer
|
$44,990 | $8,911 | $53,901 |
| GAIL O'CONNOR | BUSINESS DIR | 40.00 |
Officer
|
$35,446 | $9,743 | $45,189 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $706,649 | $949,323 | $9,147,967 | $-242,674 |
| 2023 | $1,583,707 | $1,956,310 | $8,986,190 | $-372,603 |
| 2022 | $1,418,838 | $2,018,375 | $8,747,205 | $-599,537 |
| 2021 | $2,040,286 | $1,611,643 | $10,511,884 | $428,643 |
| 2020 | $1,399,130 | $1,221,790 | $9,453,647 | $177,340 |
| 2019 | $1,437,005 | $1,555,961 | $9,072,371 | $-118,956 |
| 2018 | $1,441,810 | $1,550,920 | $8,428,348 | $-109,110 |
Compare PHIPPS CENTER FOR THE ARTS INC with other nonprofits in Wisconsin and across the country.