ARTS CENTER AT KILLINGWORTH INC (EIN 421603157) - 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

2003

Legal Domicile

Principal Officer

Barbara Nair

Phone

8606635593

Tax Period

2024-01-01 to 2024-12-31

ARTS CENTER AT KILLINGWORTH INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $164K in total revenue in fiscal year 2024. Expenses of $158K left a modest 4% surplus.

Mission

Presentation and development of the visual arts in Killingworth and surrounding areas of Connecticut

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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 $97,144

Program Service Revenue $66,783

Investment Income $0

Other Revenue $0

TOTAL REVENUE $163,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,853

Fundraising Expenses $10,791

Program Expenses $128,163

Other Expenses $150,212

TOTAL EXPENSES $158,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,927	$159,875	+0.0%
Expenses	$158,065	$176,858	-0.1%
Net Income	$5,862	$-16,983	-1.3%

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

$7,852

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elaine Sych	Board Member / Trustee	10	Director	$7,852	$0	$7,852
Balakrishnan Nair	Treasurer	20	Officer Director	$0	$0	$0
Mark Nielsen	Board Member / Trustee	5	Director	$0	$0	$0
Daniel Berger	Board Member/Trustee	0.5	Director	$0	$0	$0
Barbara Nair	President	50	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
2024	$163,927	$158,065	$20,660	$5,862
2023	$159,875	$176,858	$17,320	$-16,983
2022	$142,554	$156,262	$34,635	$-13,708
2021	$135,947	$137,858	$50,133	$-1,911
2020	$102,768	$103,176	$51,637	$-408
2019	$117,606	$113,421	$8,407	$4,185
2018	$105,147	$107,035	$9,153	$-1,888

ARTS CENTER AT KILLINGWORTH INC