CULTURAL FESTIVALS (EIN 431647435) - 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

1993

Legal Domicile

Principal Officer

SUZANNE DALTON KEARINS

Phone

3148630278

Tax Period

2024-01-01 to 2024-12-31

CULTURAL FESTIVALS, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $794K in total revenue in fiscal year 2024.

Mission

TO INSPIRE AND ENGAGE THE COMMUNITY WITH THE FOREMOST CELEBRATION OF EXCEPTIONAL VISUAL ART.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $401,409

Program Service Revenue $389,603

Investment Income $120

Other Revenue $2,402

TOTAL REVENUE $793,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,877

Fundraising Expenses $55,566

Program Expenses $551,477

Other Expenses $570,698

TOTAL EXPENSES $790,575

Year-over-Year Comparison

	2024	2023	Change
Revenue	$793,534	$738,024	+0.1%
Expenses	$790,575	$742,440	+0.1%
Net Income	$2,959	$-4,416	-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

450

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

$114,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURRAN COULTER	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
KIMBERLY RAYFORD	SECRETARY	1.00	Officer Director	$0	$0	$0
SUZANNE DALTON KEARINS	CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS SCHMITT	CO-TREASURER	1.00	Officer Director	$0	$0	$0
PATTY KELLERHALS	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
THOMAS ZETLMEISL	TREASURER	1.00	Officer Director	$0	$0	$0
BECKY HADFIELD	MEMBER	1.00	Director	$0	$0	$0
TRACIE WOLFMEYER	MEMBER	1.00	Director	$0	$0	$0
ANDRE STEVENS	MEMBER	1.00	Director	$0	$0	$0
EBONEE SHAW	MEMBER	1.00	Director	$0	$0	$0
ASHLEY GEORGE GILL	MEMBER	1.00	Director	$0	$0	$0
PAT BUEHRING	MEMBER	1.00	Director	$0	$0	$0
DOUG CARROLL	MEMBER	1.00	Director	$0	$0	$0
KRISTYN DUNLAP	MEMBER	1.00	Director	$0	$0	$0
DARBY LATHAM	MEMBER	1.00	Director	$0	$0	$0
DEAN BOESCHEN	MEMBER	1.00	Director	$0	$0	$0
GREG BELGER	MEMBER	1.00	Director	$0	$0	$0
STACY ENGLES WIPFLER ESQ	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
SEAN DOHERTY	MEMBER	1.00	Director	$0	$0	$0
JAMIE CURRY WELKER	MEMBER	1.00	Director	$0	$0	$0
MAYOR MICHELLE HARRIS	EX-OFFICIO	1.00	Director	$0	$0	$0
DR NISHA PATEL	EX-OFFICIO	1.00	Director	$0	$0	$0
ELLEN GALE	EX-OFFICIO	1.00	Director	$0	$0	$0
GARY CARTER	EX-OFFICIO	1.00	Director	$0	$0	$0
ANGELA STRUM	MEMBER	1.00	Director	$0	$0	$0
SARAH UMLAUF	EXECUTIVE DIRECTOR	40.00	Officer	$114,800	$0	$114,800

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	$793,534	$790,575	$335,685	$2,959
2023	$738,024	$742,440	$374,551	$-4,416
2022	$578,182	$829,361	$373,131	$-251,179
2021	$649,193	$728,097	$480,890	$-78,904
2020	$228,236	$389,986	$656,236	$-161,750
2019	$1,175,462	$833,314	$737,230	$342,148
2018	$674,494	$791,939	$391,144	$-117,445

CULTURAL FESTIVALS