NATIONAL COUNCIL FOR THE TRADITIONAL ARTS (EIN 520847374) - 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

1933

Legal Domicile

Principal Officer

BLAINE WAIDE

Phone

3015650654

Tax Period

2024-01-01 to 2024-12-31

NATIONAL COUNCIL FOR THE TRADITIONAL ARTS, founded in 1933, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE PRESENTATION AND DOCUMENTATION OF FOLK AND TRADITIONAL ARTS IN THE UNITED STATES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,315,625

Program Service Revenue $0

Investment Income $1,254

Other Revenue $769

TOTAL REVENUE $2,317,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $632,946

Fundraising Expenses $31,025

Program Expenses $2,119,651

Other Expenses $1,777,655

TOTAL EXPENSES $2,410,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,317,648	$2,454,872	-0.1%
Expenses	$2,410,601	$2,303,266	+0.0%
Net Income	$-92,953	$151,606	-1.6%

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

$120,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE HOLT	CHAIRMAN	3.00	Officer Director	$0	$0	$0
DAVID MORRISON	PRESIDENT	3.00	Officer Director	$0	$0	$0
BARRY BERGEY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
BILL PEARSON	TREASURER	3.00	Officer Director	$0	$0	$0
KATHY SAWYER	SECRETARY	3.00	Officer Director	$0	$0	$0
ANDY WALLACE	BOARD MEMBER	1.50	Director	$0	$0	$0
BARRY LEE PEARSON	BOARD MEMBER	1.50	Director	$0	$0	$0
BRIAN MORRISON	BOARD MEMBER	1.50	Director	$0	$0	$0
CHARLIE SEEMAN	BOARD MEMBER	1.50	Director	$0	$0	$0
DANIEL SHEEHY	BOARD MEMBER	1.50	Director	$0	$0	$0
DANIEL HERRERA	BOARD MEMBER	1.50	Director	$0	$0	$0
DENA STONER	BOARD MEMBER	1.50	Director	$0	$0	$0
DWAIN WINTERS	BOARD MEMBER	1.50	Director	$0	$0	$0
JERRY DOUGLAS	BOARD MEMBER	1.50	Director	$0	$0	$0
JOHN MOE	BOARD MEMBER	1.50	Director	$0	$0	$0
JUNIOUS BRICKHOUSE	BOARD MEMBER	1.50	Director	$0	$0	$0
LAURA DEFREYNE	BOARD MEMBER	1.50	Director	$0	$0	$0
MICHAEL DOUCET	BOARD MEMBER	1.50	Director	$0	$0	$0
MARK MIODUSKI	BOARD MEMBER	1.50	Director	$0	$0	$0
PEGGY BULGER	BOARD MEMBER	1.50	Director	$0	$0	$0
SCOTT LILLY	BOARD MEMBER	1.50	Director	$0	$0	$0
BLAINE WAIDE	EXECUTIVE DIRECTOR	40.00	Officer	$112,019	$8,898	$120,917

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	$2,317,648	$2,410,601	$1,071,822	$-92,953
2023	$2,454,872	$2,303,266	$1,251,955	$151,606
2022	$2,404,105	$2,477,166	$1,231,844	$-73,061
2021	$2,051,101	$2,338,181	$1,116,811	$-287,080
2020	$1,473,241	$1,378,995	$1,605,036	$94,246
2019	$1,903,284	$1,965,980	$1,071,416	$-62,696
2018	$1,894,790	$1,809,594	$1,153,404	$85,196

NATIONAL COUNCIL FOR THE TRADITIONAL ARTS