CAROLINE COUNTY COUNCIL OF ARTS INC (EIN 521100196) - 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

GEORGE KAROS

Phone

4104791009

Tax Period

2024-07-01 to 2025-06-30

CAROLINE COUNTY COUNCIL OF ARTS INC, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $325K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

ENHANCE THE CULTURAL OPPORTUNITIES AND ACCESS TO THE ARTS IN EACH OF THE COUNTYS UNIQUE COMMUNITIES. PROMOTE ECONOMIC DEVELOPMENT AND DOWNTOWN REVITALIZATION THROUGH THE ARTS. INSPIRE CREATIVITY AND CONT SCHED O

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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 $287,476

Program Service Revenue $22,959

Investment Income $70

Other Revenue $14,161

TOTAL REVENUE $324,666

Expense Breakdown

Grants Paid $45,669

Salaries & Benefits $189,158

Fundraising Expenses $49,780

Program Expenses $219,949

Other Expenses $117,356

TOTAL EXPENSES $352,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,666	$261,426	+0.2%
Expenses	$352,183	$282,699	+0.2%
Net Income	$-27,517	$-21,273	+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

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

$46,114

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE KAROS	EXECUTIVE DIRECTOR	001.00	Officer	$41,655	$4,459	$46,114
SUSAN SIMMONS	SECRETARY	002.00	Officer Director	$0	$0	$0
AMBER KORELL	DIRECTOR	001.00	Director	$0	$0	$0
ADAM JONES	TREASURER	002.00	Officer Director	$0	$0	$0
BILLY JOHNSON	DIRECTOR	001.00	Director	$0	$0	$0
YOLANDA ACREE	DIRECTOR	001.00	Director	$0	$0	$0
CHRIS DORR	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
KEITH SHAFFER	DIRECTOR	001.00	Director	$0	$0	$0
KENDALL TEAGUE	PRESIDENT	002.00	Officer Director	$0	$0	$0
MICKEY PULLEN	DIRECTOR	001.00	Director	$0	$0	$0
VICTORIA MCCONNELL	DIRECTOR	001.00	Director	$0	$0	$0
JUDY REVEAL	DIRECTOR	001.00	Director	$0	$0	$0
DEBBY BENNET	DIRECTOR	001.00	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	$324,666	$352,183	$538,223	$-27,517
2024	$261,426	$282,699	$565,966	$-21,273
2023	$432,665	$295,819	$594,070	$136,846
2022	$249,573	$220,762	$541,285	$28,811
2021	$219,540	$186,496	$516,949	$33,044
2020	$204,257	$171,329	$492,994	$32,928
2019	$292,364	$223,234	$467,626	$69,130

CAROLINE COUNTY COUNCIL OF ARTS INC