TURNER BALLROOM PRESERVATION TRUST LTD (EIN 392007628) - 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

2000

Legal Domicile

Principal Officer

EMILIO DE TORRE

Phone

4142721733

Tax Period

2024-01-01 to 2024-12-31

TURNER BALLROOM PRESERVATION TRUST LTD, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $240K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $335K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROVIDE PREMIERE EVENT SPACE AND A UNIQUE AND ACCESSIBLE VENUE FOR ESTABLISHED AND EMERGING ARTISTS, WHILE PRESERVING AND REVIVING HISTORIC TURNER HALL AS A UNIQUE AND ACCESSIBLE VENUE FOR PEOPLE OF ALL IDENTITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,000

Program Service Revenue $237,211

Investment Income $10

Other Revenue $0

TOTAL REVENUE $240,221

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $289,365

Other Expenses $310,253

TOTAL EXPENSES $335,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,221	$221,053	+0.1%
Expenses	$335,253	$295,186	+0.1%
Net Income	$-95,032	$-74,133	+0.3%

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

N/A

Volunteers

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
CHRISTOPHER AHMUTY	PRESIDENT	3.00	Officer Director	$0	$0	$0
STEPHANIE BLOOMINGDALE	DIRECTOR	1.00	Director	$0	$0	$0
GRACE FUHR	DIRECTOR	1.00	Director	$0	$0	$0
ART HEITZER	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN MCGEE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
EMILIO DE TORRE	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$0
JULILLY KOHLER	ROTATED OFF BOARD IN 2024	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
2024	$240,221	$335,253	$2,315,677	$-95,032
2023	$221,053	$295,186	$2,404,903	$-74,133
2022	$234,016	$263,225	$2,483,107	$-29,209
2021	$-41,205	$262,470	$2,533,291	$-303,675
2020	$-316,706	$198,222	$2,816,285	$-514,928
2019	$36,614	$212,373	$3,347,524	$-175,759
2018	$71,571	$253,151	$3,520,748	$-181,580

TURNER BALLROOM PRESERVATION TRUST LTD