MANHATTAN ARTS CENTER INC (EIN 481131531) - Form 990 Financial Analysis & Trantor Score

🔒

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

1993

Legal Domicile

Principal Officer

KENDRA KUHLMAN

Phone

7855374420

Tax Period

2023-07-01 to 2024-06-30

MANHATTAN ARTS CENTER INC, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $733K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $860K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROMOTE, SUPPORT AND CREATE OPPORTUNITIES FOR EXPERIENCING A VARIETY OF VISUAL, DRAMATIC, LITERARY, DANCE AND MUSICAL PROGRAMS FOR THE BENEFIT OF THE ENTIRE MANHATTAN COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $316,665

Program Service Revenue $335,286

Investment Income $3,298

Other Revenue $77,609

TOTAL REVENUE $732,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $440,479

Fundraising Expenses $43,970

Program Expenses $535,610

Other Expenses $420,019

TOTAL EXPENSES $860,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$732,858	$673,102	+0.1%
Expenses	$860,498	$736,186	+0.2%
Net Income	$-127,640	$-63,084	+1.0%

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

342

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

$67,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMANTHA DECHANT	PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER MCCORNACK	SECRETARY	1.00	Officer Director	$0	$0	$0
CARRIE ALT	TREASURER	1.00	Officer Director	$0	$0	$0
TOM ADDAIR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIELLE GOODBAND	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIEN NIEHOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
DWIGHT TOLAR	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE GALITZER	BOARD MEMBER	1.00	Director	$0	$0	$0
TONY BALLARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHUCK LEONARD	BOARD MEMBER	1.00	Director	$0	$0	$0
KENDRA KUHLMAN	EXECUTIVE DIRECTOR	40.00	Officer	$67,307	$0	$67,307

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
2025	No data	No data	No data	No data
2024	$732,858	$860,498	$1,377,784	$-127,640
2023	$673,102	$736,186	$1,464,573	$-63,084
2022	$692,203	$611,538	$1,537,515	$80,665
2021	$687,279	$483,234	$1,483,472	$204,045
2020	$602,814	$544,480	$1,280,523	$58,334
2019	$536,295	$480,422	$1,158,465	$55,873
2018	$464,086	$437,177	$1,089,356	$26,909

MANHATTAN ARTS CENTER INC