COMPASS MUSIC AND ARTS FOUNDATION … - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

EDNA SUTTON

Phone

8022474295

Tax Period

2019-01-01 to 2019-12-31

COMPASS MUSIC AND ARTS FOUNDATION INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $224K in total revenue in fiscal year 2019. The organization ran a surplus of $180K, a strong 81% operating margin.

Mission

Compass Music and Arts Foundation is dedicated to enriching life through a deeper appreciation of music and the literary, performing and visual arts.

Program Service Accomplishments

Program 1

Expenses: $43,592

Staged four opera productions, namely Rossinis Barber of Seville in February; Bizets Carmen in May, Mozarts The Magic Flute in September and a special Christmas Community Performance of Menottis...

Staged four opera productions, namely Rossinis Barber of Seville in February; Bizets Carmen in May, Mozarts The Magic Flute in September and a special Christmas Community Performance of Menottis Amahl and the Night Visitors at Salisbury Community Church in December. Also throughout March and April the Foundation produced, jointly with the Rutland North East School Union workshops, installation art exhibits and performances under the title of Human Connections . Installation artworks made by the students remained on display throughout the year and into 2020-21. Finally the Foundation contributed a sum of $75 per month towards the cost of housing the Otter Valley Model Railroad exhibit (what we call The Train Room)

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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 (2019)

Revenue Breakdown

Contributions & Grants $201,721

Program Service Revenue $21,825

Investment Income $9

Other Revenue $0

TOTAL REVENUE $223,555

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,592

Other Expenses $43,592

TOTAL EXPENSES $43,592

Year-over-Year Comparison

	2019	2018	Change
Revenue	$223,555	N/A	N/A
Expenses	$43,592	N/A	N/A
Net Income	$179,963	N/A	N/A

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

N/A

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
STEPHEN SUTTON	Treasurer	1.00	Officer Director	$0	$0	$0
JOSHUA COLLIER	Trustee	5.00	Director	$0	$0	$0
LAURA KING	Trustee	1.00	Director	$0	$0	$0
RUSS MCCOLMAN	Trustee	5.00	Director	$0	$0	$0
MARY REILLY	Trustee	1.00	Director	$0	$0	$0
HAROLD SOMERSET	Trustee	1.00	Director	$0	$0	$0
MICHAEL SHANK	Trustee	1.00	Director	$0	$0	$0
EDNA SUTTON	Executive Dir.	1.00	Officer Director	$0	$0	$0
ALYSSA ZOLLMAN	Trustee	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
2019	$223,555	$43,592	$185,189	$179,963

COMPASS MUSIC AND ARTS FOUNDATION INC