Grinnell Area Arts Council DBA Grinnell Community TheatreTurlachUr (EIN 421130693) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Chris Hunter

Phone

6412363203

Tax Period

2023-07-01 to 2024-06-30

Grinnell Area Arts Council DBA Grinnell Community TheatreTurlachUr, founded in 2007, is a small nonprofit that reported $275K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $374K exceeded revenue, resulting in a 36% operating deficit.

Mission

The mission of the Grinnell Area Arts Council is to enrich the community by supporting creative expression.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,576

Program Service Revenue $161,788

Investment Income $38,887

Other Revenue $3,765

TOTAL REVENUE $275,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,384

Fundraising Expenses $0

Program Expenses $128,753

Other Expenses $276,079

TOTAL EXPENSES $374,463

Year-over-Year Comparison

	2023	2022	Change
Revenue	$275,016	$442,006	-0.4%
Expenses	$374,463	$307,882	+0.2%
Net Income	$-99,447	$134,124	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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
Levi Dressler	Director	1.00	Director	$0	$0	$0
Mary Lindberg	Director	1.00	Director	$0	$0	$0
Jane Mertens	Director	1.00	Director	$0	$0	$0
Tom Lacina	Director	1.00	Director	$0	$0	$0
Nancy Rempel-Clower	Director	1.00	Director	$0	$0	$0
Leanna Smith	Director	1.00	Director	$0	$0	$0
Bill Menner	Director	1.00	Director	$0	$0	$0
Sigmund Barber	Treasurer	1.00	Officer	$0	$0	$0
Chris Hunter	President	1.00	Officer	$0	$0	$0
Kabenla Armah	Vice President	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	No data	No data	No data	No data
2024	$275,016	$374,463	$1,702,604	$-99,447
2023	$442,006	$307,882	$1,716,038	$134,124
2022	$70,473	$193,039	$1,593,915	$-122,566
2021	$416,389	$186,138	$1,725,850	$230,251
2020	$483,504	$207,660	$1,506,127	$275,844
2019	$318,034	$297,783	$1,236,666	$20,251
2018	$373,995	$245,423	$1,233,450	$128,572

Grinnell Area Arts Council DBA Grinnell Community TheatreTurlachUr