WORCESTER COUNTY ARTS COUNCIL INC (EIN 521083071) - 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

1977

Legal Domicile

Principal Officer

BARBARA JOHNSON

Phone

4106410809

Tax Period

2024-07-01 to 2025-06-30

WORCESTER COUNTY ARTS COUNCIL INC, founded in 1977, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Net assets of $490K represent 26 months of operating reserves.

Mission

TO AID, ENCOURAGE, ADVISE, AND CORRELATE ACTIVITIES DEDICATED TO THE PROMOTION OF THE ARTS IN WORCESTER COUNTY, AS MAY BE FEASIBLE; TO INTEGRATE SUCH ACTIVITIES INTO THE TOTAL LIFE OF THE COMMUNITY SERVED BY THE COUNCIL.

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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 $229,857

Program Service Revenue $13,646

Investment Income $12,172

Other Revenue $-26,882

TOTAL REVENUE $228,793

Expense Breakdown

Grants Paid $58,750

Salaries & Benefits $100,155

Fundraising Expenses $1,558

Program Expenses $151,767

Other Expenses $80,605

TOTAL EXPENSES $239,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,793	$214,535	+0.1%
Expenses	$239,510	$217,213	+0.1%
Net Income	$-10,717	$-2,678	+3.0%

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

$92,940

Total Directors

$92,940

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA MULLIS	EXECUTIVE DI	37.50	Officer Director	$77,554	$0	$77,554
SHARON SORRENTINO	ADMINISTRATI	12.00	Officer Director	$15,386	$0	$15,386
JENNIFER BACKOF	BOARD MEMBER	1.00	Director	$0	$0	$0
KATE CASHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KWANGWOOK GANG	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ALYSSA MALOOF	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMARA MILLS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAY REISTER	TREASURER	1.00	Officer Director	$0	$0	$0
ALEXANDRA SOUSA	BOARD MEMBER	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	$228,793	$239,510	$490,769	$-10,717
2024	$214,535	$217,213	$501,285	$-2,678
2023	$337,710	$190,287	$504,291	$147,423
2022	$210,304	$201,684	$357,143	$8,620
2021	$275,684	$163,729	$347,427	$111,955

WORCESTER COUNTY ARTS COUNCIL INC