THE FOUNDRY ART CENTRE

🔒

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

1997

Legal Domicile

Principal Officer

FRED C DYER

Phone

6369473151

Tax Period

2020-01-01 to 2020-12-31

THE FOUNDRY ART CENTRE, founded in 1997, is a small nonprofit that reported $385K in total revenue in fiscal year 2020. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $456K exceeded revenue, resulting in a 19% operating deficit.

Mission

REGIONAL INTERDISCIPLINE ART CENTER

Program Service Accomplishments

Program 1

Expenses: $392,022 Revenue: $162,943

PRESENTATION OF VISUAL AND PERFORMING ARTS THROUGH CURATED EXHIBITS, JURIED COMPETIONS, MULTI-CULTURAL EXHIBITIONS AND CONCERTS FOR ADULTS AND CHILDREN MULTI-DISCIPLINED ARTISTS EDUCATE IN GLASS...

PRESENTATION OF VISUAL AND PERFORMING ARTS THROUGH CURATED EXHIBITS, JURIED COMPETIONS, MULTI-CULTURAL EXHIBITIONS AND CONCERTS FOR ADULTS AND CHILDREN MULTI-DISCIPLINED ARTISTS EDUCATE IN GLASS STUDIOS BY ALLOWING THE PUBLIC TO VIEW, CREATE, AND INTERACT WITH THEM. RENT IS REDUCED BECAUSE THE ARTISTS ARE REQUIRED TO GIVE SEMINARS.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $221,579

Program Service Revenue $162,943

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,597

Fundraising Expenses $33,100

Program Expenses $392,022

Other Expenses $251,533

TOTAL EXPENSES $456,130

Year-over-Year Comparison

	2020	2019	Change
Revenue	$384,522	$496,020	-0.2%
Expenses	$456,130	$535,619	-0.1%
Net Income	$-71,608	$-39,599	+0.8%

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

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

$43,307

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED C DYER	PRESIDENT	2.00	Officer	$0	$0	$0
LORNA FRAHM	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JAMES DEVEREUX	TREASURER	2.00	Officer	$0	$0	$0
JASON KUHL	SECRETARY	2.00	Officer	$0	$0	$0
MARY ANN OHMS	EX-OFFICO	2.00	Director	$0	$0	$0
DAN BORGMEYER	EX-OFFICO	2.00	Director	$0	$0	$0
MELISSA WHITWAM	EXECUTIVE DIRECTOR	40.00	Key Emp	$43,307	$0	$43,307

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
2020	$384,522	$456,130	No data	$-71,608
2019	$496,020	$535,619	$406,454	$-39,599
2018	$528,997	$504,633	$437,041	$24,364