Paramount Hudson Valley Arts Inc (EIN 464031449) - 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

2013

Legal Domicile

Principal Officer

Abigail Adams

Phone

9146495606

Tax Period

2023-01-01 to 2023-12-31

Paramount Hudson Valley Arts Inc, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum.

Mission

We sponsor, produce, present, promote, and collaborate in the presentation of music concerts, plays, art exhibitions and special events to benefit our local counties and communities. Our programs include theater, dance, music, fine arts & other cultural activities & related workshops.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,594

Program Service Revenue $2,000,614

Investment Income $6,800

Other Revenue $0

TOTAL REVENUE $2,163,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $440,151

Fundraising Expenses $0

Program Expenses $1,818,858

Other Expenses $1,682,733

TOTAL EXPENSES $2,122,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,163,008	$1,354,967	+0.6%
Expenses	$2,122,884	$1,458,638	+0.5%
Net Income	$40,124	$-103,671	-1.4%

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

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
ABIGAIL ADAMS	PRESIDENT	35.00	Officer Director	$0	$0	$0
LOUIS LANZA	CHAIRMAN	2.00	Director	$0	$0	$0
NAT PRENTICE	TREASURER	2.00	Director	$0	$0	$0
JOHN VAN DECKER	DIRECTOR	1.00	Director	$0	$0	$0
KATHIE TALBOT	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MOREY	DIRECTOR	1.00	Director	$0	$0	$0
KERI FIORE	DIRECTOR	1.00	Director	$0	$0	$0
DARREN RIGGER	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
2024	No data	No data	No data	No data
2023	$2,163,008	$2,122,884	$1,156,028	$40,124
2022	$1,354,967	$1,458,638	$860,892	$-103,671
2021	$1,209,226	$678,713	$805,349	$530,513
2020	$308,310	$295,837	$273,277	$12,473
2019	$872,821	$647,814	$304,590	$225,007
2019	$872,875	$647,868	$305,460	$225,007
2018	$215,316	$202,492	$25,122	$12,824

Paramount Hudson Valley Arts Inc