DANVERS PERFORMING ARTS COLLABORATIVE INC

EIN: 460680274 501(c)(3) Education

DANVERS, MA

Total Revenue
$68,233
Total Expenses
$72,957
Total Assets
$103,272
Net Assets
$103,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Principal Officer
MARYBETH WILHELM
Phone
9787778925
Tax Period
2023-07-01 to 2024-06-30

DANVERS PERFORMING ARTS COLLABORATIVE INC, founded in 2013, is a micro nonprofit in the Education sector that reported $68K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THIS NOT FOR PROFIT CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SUBJECT TO THE LIMITATIONS STATED IN THE ARTICLES OF INCORPORATION, THE PURPOSES OF THIS CORPORATION SHALL BE TO ENGAGE IN ANY LAWFUL ACTIVITIES , NONE OF WHICH ARE FOR PROFIT, FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180 (OR ITS CORRESPODING FUTURE PROVISIONS) AND SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE OF 1954 (OR ITS CORRESPONDING FUTURE PROVISIONS). THIS CORPORATION'S PRIMARY PURPOSE SHALL BE:A. THE PURPOSE AND MISSION OF DANVERS PERFORMING ARTS COLLABORATIVE, INC. IS DEDICATED TO SUPPORT AND PROMOTE THE EDUCATION, CONTINUED GROWTH, AND DEVELOPMENT OF MUSIC IN THE DANVERS PUBLIC SCHOOL SYSTEM.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $39,913
Investment Income $0
Other Revenue $28,320
TOTAL REVENUE $68,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $72,957
Other Expenses $72,957
TOTAL EXPENSES $72,957

Year-over-Year Comparison

2023 2022 Change
Revenue $68,233 $57,544 +0.2%
Expenses $72,957 $70,164 +0.0%
Net Income $-4,724 $-12,620 -0.6%
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

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Governance

Voting Members
6
Independent Members
6
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
6
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARYBETH WILHELM TREASURER 1.00
Officer Director
$0 $0 $0
ALICIA BUSHEY PRESIDENT 1.00
Officer Director
$0 $0 $0
KAREN BRETT VICE PRESIDENT - MARCHING 1.00
Officer Director
$0 $0 $0
KEELIN DAWE RECORDING SECRETARY 1.00
Officer Director
$0 $0 $0
JEFF DANIELS BAND DIRECTOR 1.00
Director
$0 $0 $0
AMY WILICHOSKI VICE PRESIDENT - THEATER P 1.00
Officer Director
$0 $0 $0
CHENAY HAMPE VICE PRESIDENT - MUSIC CON 1.00
Officer Director
$0 $0 $0
ALEX GROVER CHORAL DIRECTOR 1.00
Director
$0 $0 $0
MIKE BARRY THEATER DIRECTOR 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
2025 No data No data No data No data
2024 $68,233 $72,957 $103,272 $-4,724
2023 $57,544 $70,164 $109,646 $-12,620
2019 $44,966 $39,856 $115,704 $5,110
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