THE DELAWARE CONTEMPORY ARTS INC

EIN: 510242942 501(c)(3) Arts, Culture & Humanities

WILMINGTON, DE

Total Revenue
$989,260
Total Expenses
$1,256,249
Total Assets
$3,766,357
Net Assets
$2,251,536
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
DE
Principal Officer
LESLIE SHAFFER
Phone
3026566466
Tax Period
2023-08-01 to 2024-07-31

THE DELAWARE CONTEMPORY ARTS INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $989K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 27% operating deficit.

Mission

A NON-COLLECTING ART MUSEUM DEDICATED TO THE ADVANCEMENT OF CONTEMPORARY ARTS.

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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 $588,125
Program Service Revenue $228,616
Investment Income $28,609
Other Revenue $143,910
TOTAL REVENUE $989,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $602,289
Fundraising Expenses $16,015
Program Expenses $884,003
Other Expenses $653,960
TOTAL EXPENSES $1,256,249

Year-over-Year Comparison

2023 2022 Change
Revenue $989,260 $1,053,858 -0.1%
Expenses $1,256,249 $1,420,699 -0.1%
Net Income $-266,989 $-366,841 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
25
Volunteers
17

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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE FISCHER CHAIR 10.00
Officer Director
$0 $0 $0
JEFF MARIANA VICE CHAIR 10.00
Officer Director
$0 $0 $0
JENNIFER BORDERS DEI COMMITTEE CHAIR 10.00
Officer Director
$0 $0 $0
MARLA NORTON SECRETARY 2.00
Officer Director
$0 $0 $0
CAROL ARNOTT-ROBBINS DIRECTOR 1.00
Director
$0 $0 $0
CJ BELL DIRECTOR 1.00
Director
$0 $0 $0
JILL DALNOGARE DIRECTOR 1.00
Director
$0 $0 $0
MARK HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
JAY HEADLEY DIRECTOR 1.00
Director
$0 $0 $0
LESLIE HUBBARD DIRECTOR 1.00
Director
$0 $0 $0
BERTA KERR DIRECTOR 1.00
Director
$0 $0 $0
LESLIE SHAFFER EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
JOHN REEVES DIRECTOR 1.00
Director
$0 $0 $0
SALLIE REISSMAN DIRECTOR 1.00
Director
$0 $0 $0
LOU ROSENBERG DIRECTOR 1.00
Director
$0 $0 $0
MICHELE SCHIAVONI 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 $989,260 $1,256,249 $3,766,357 $-266,989
2023 $1,053,858 $1,420,699 $4,064,652 $-366,841
2022 $1,720,771 $1,332,789 $4,319,817 $387,982
2021 $1,225,415 $1,180,775 $3,964,778 $44,640
2020 $858,686 $1,092,977 $3,793,362 $-234,291
2019 $1,111,451 $1,098,809 $3,932,956 $12,642
2018 $1,024,880 $1,128,596 $3,830,257 $-103,716
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