Stoneham, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOLK ARTS CENTER OF NEW ENGLAND INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $402K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
To promote traditional folk dance and music
To present classes, workshops, parties, concerts, and camps that provide opportunities to learn, practice, and appreciate folk dance, music, and culture from around the word, as well as support to...
To present classes, workshops, parties, concerts, and camps that provide opportunities to learn, practice, and appreciate folk dance, music, and culture from around the word, as well as support to dancers and musicians
To provide information and referral services on dance resources available in the greater Boston area
To make available folk dance recordings, sheet music, and instructions for the dance community
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $401,858 | $428,717 | -0.1% |
| Expenses | $403,808 | $352,402 | +0.1% |
| Net Income | $-1,950 | $76,315 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marcie Van Cleave | Executive Director | 40 |
Key Emp
|
$83,579 | $0 | $83,579 |
| James Madigan | President | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Almas Dossa | Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Carl Lazarus | Treasurer | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Ron Wilkinson | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Barbara Merson | Director | 1 |
Director
|
$0 | $0 | $0 |
| Carolyn Ramm | Director | 1 |
Director
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$0 | $0 | $0 |
| David Salstein | Director | 1 |
Director
|
$0 | $0 | $0 |
| Susan White | Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $401,858 | $403,808 | $370,703 | $-1,950 |
| 2024 | $428,717 | $352,402 | $364,995 | $76,315 |
| 2023 | $377,918 | $379,625 | $267,353 | $-1,707 |
| 2022 | $243,489 | $257,367 | $253,940 | $-13,878 |
| 2021 | $267,248 | $228,390 | $281,123 | $38,858 |
| 2020 | $298,229 | $284,306 | $225,626 | $13,923 |
| 2019 | $372,362 | $369,117 | $226,913 | $3,245 |
Compare FOLK ARTS CENTER OF NEW ENGLAND INC with other nonprofits in Massachusetts and across the country.