OUTERARTS MARYLAND INC (EIN 472286642) - 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

2010

Legal Domicile

Principal Officer

SANDRA SEARS

Phone

4107782064

Tax Period

2023-09-01 to 2024-08-31

OUTERARTS MARYLAND INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $325K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE FREE AND LOW COST CONCERTS, WORKSHOPS, INSTRUMENT LESSONS, AND RELATED ACTIVITIES FOR MUSIC EDUCATION.

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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 $252,859

Program Service Revenue $71,227

Investment Income $1,175

Other Revenue $0

TOTAL REVENUE $325,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,853

Fundraising Expenses $818

Program Expenses $314,033

Other Expenses $189,296

TOTAL EXPENSES $335,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,261	$285,567	+0.1%
Expenses	$335,149	$318,610	+0.1%
Net Income	$-9,888	$-33,043	-0.7%

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

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

$135,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ROSENBERG	ARTISTIC DIR	40.00	Director	$70,000	$0	$70,000
CAITLIN PATTON	EXECUTIVE DI	40.00	Director	$65,000	$0	$65,000
MARY GRACE BROSIUS	DIRECTOR	2.00	Director	$0	$0	$0
JOHN CHRISTIE	DIRECTOR	2.00	Director	$0	$0	$0
CAREY HEDLUND	VICE CHAIR	2.00	Officer Director	$0	$0	$0
THOMAS PARCHMAN	TREASURER	5.00	Officer Director	$0	$0	$0
ALAN ROTHSCHILD	DIRECTOR	2.00	Director	$0	$0	$0
MARK SCHULMAN	SECRETARY	5.00	Officer Director	$0	$0	$0
SANDRA SEARS	CHAIR	5.00	Officer Director	$0	$0	$0
TURNER B SMITH	DIRECTOR	2.00	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	$325,261	$335,149	$82,871	$-9,888
2023	$285,567	$318,610	$85,318	$-33,043
2022	$210,340	$302,821	$116,468	$-92,481
2021	$265,267	$150,111	$268,448	$115,156
2019	$255,900	$263,198	$61,254	$-7,298
2018	$240,310	$236,680	$60,162	$3,630

OUTERARTS MARYLAND INC