HANCOCK CENTER FOR CREATIVE ARTS THERAPIES INC

EIN: 391443008 501(c)(3) Arts, Culture & Humanities

MADISON, WI

Total Revenue
$342,235
Total Expenses
$409,678
Total Assets
$394,928
Net Assets
$360,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WI
Principal Officer
STEPHANIE MILLER-LAMB
Phone
6082510908
Tax Period
2023-01-01 to 2023-12-31

HANCOCK CENTER FOR CREATIVE ARTS THERAPIES INC, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $342K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $410K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROMOTE THE UNDERSTANDING & EFFECTIVE USE OF DANCE/MOVEMENT THERAPY WITHIN MADISON, WISCONSIN, & THE SURROUNDING REGION, FOR THE BENEFIT OF ALL SEGMENTS OF THE POPULATION; PROVIDE A CENTRAL PLACE OF REFERENCE FOR PROFESSIONAL & EDUCATIONAL MATERIALS RELATING TO DANCE THERAPY; SUPPORT OTHER MOVEMENT ORIENTED HEALTH MODALITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $288,085
Program Service Revenue $48,371
Investment Income $5,104
Other Revenue $675
TOTAL REVENUE $342,235

Expense Breakdown

Grants Paid $3,422
Salaries & Benefits $240,838
Fundraising Expenses $19,630
Program Expenses $117,242
Other Expenses $165,418
TOTAL EXPENSES $409,678

Year-over-Year Comparison

2023 2022 Change
Revenue $342,235 $421,785 -0.2%
Expenses $409,678 $274,789 +0.5%
Net Income $-67,443 $146,996 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
7
Volunteers
7

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
8
$112,997
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL MURPHY PRESIDENT 1.00
Officer Director
$0 $0 $0
AMY BENNETT TREASURER/SECRETARY (THRU DEC) 1.00
Officer Director
$0 $0 $0
JEANINE KISS TREASURER/SECRETARY (FROM DEC) 1.00
Officer Director
$0 $0 $0
JANE WILSON CATHCART DIRECTOR 1.00
Director
$0 $0 $0
SHARON CHAIKLIN DIRECTOR 1.00
Director
$0 $0 $0
ROBYN LENDING HALSTEN DIRECTOR (THRU DEC) 1.00
Director
$0 $0 $0
AMANDA WERHANE OPERATIONS MANAGER (THRU SEPT) 40.00
Officer
$46,592 $0 $46,592
JODI LEGGE MANAGING DIRECTOR (THRU JAN) 40.00
Officer
$10,027 $0 $10,027
STEPHANIE MILLER-LAMB MANAGING DIRECTOR (FROM JULY) 40.00
Officer
$36,669 $0 $36,669
SEAN FRENZEL OPERATIONS MANAGER (FROM NOV) 40.00
Officer
$4,646 $0 $4,646
AMY THOMAS CLINICAL DIRECTOR (SINCE OCTOBER) 40.00
Officer
$15,063 $0 $15,063
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
2023 $342,235 $409,678 $394,928 $-67,443
2022 $421,785 $274,789 $449,260 $146,996
2021 $267,260 $291,451 $301,644 $-24,191
2020 $380,768 $310,281 $334,076 $70,487
2019 $347,408 $347,200 $260,138 $208
2018 $351,395 $404,057 $273,897 $-52,662
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