Art League of Ocean City Inc (EIN 521377610) - 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

1985

Legal Domicile

Phone

4105249433

Tax Period

2024-01-01 to 2024-12-31

Art League of Ocean City Inc, founded in 1985, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

To promote artistic expression and appreciation for the creative arts in the community.

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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 $391,572

Program Service Revenue $567,274

Investment Income $5,821

Other Revenue $60,570

TOTAL REVENUE $1,025,237

Expense Breakdown

Grants Paid $16,300

Salaries & Benefits $545,051

Fundraising Expenses $54,507

Program Expenses $908,805

Other Expenses $554,822

TOTAL EXPENSES $1,116,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,025,237	$1,162,876	-0.1%
Expenses	$1,116,173	$1,009,385	+0.1%
Net Income	$-90,936	$153,491	-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

N/A

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

Total Directors

Key Employees

$91,245

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rina Thaler	Executive Director	40.00	Key Emp	$91,245	$0	$91,245
Marian Bickerstaff	Director	3.00	Director	$0	$0	$0
Al Handy	Director	3.00	Director	$0	$0	$0
Virginia Outten	Director	3.00	Director	$0	$0	$0
Ian Postley	Director	3.00	Director	$0	$0	$0
Heather Ross	Director	3.00	Director	$0	$0	$0
Patricia Selig	Director	3.00	Director	$0	$0	$0
Jocelyn Briddell	Director	3.00	Director	$0	$0	$0
Eric Stewart	Director	3.00	Director	$0	$0	$0
Susan Deller	Director	3.00	Director	$0	$0	$0
John Sisson	Past President	3.00	Officer Director	$0	$0	$0
Amy Rothermel	Treasurer	3.00	Officer Director	$0	$0	$0
Ryan Wilde	Recording Secretary	3.00	Officer Director	$0	$0	$0
Jan Perdue	Corresponding Secretary	3.00	Officer Director	$0	$0	$0
Courtney Blackford	1st Vice President	3.00	Officer Director	$0	$0	$0
Crystal Collins	President	5.00	Officer Director	$0	$0	$0
David Keil	2nd Vice President	3.00	Officer 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
2024	$1,025,237	$1,116,173	$1,043,148	$-90,936
2023	$1,162,876	$1,009,385	$1,074,739	$153,491
2022	$787,152	$886,575	$849,592	$-99,423
2021	$806,811	$741,771	$1,030,306	$65,040
2020	$701,437	$579,522	$879,482	$121,915
2019	$680,071	$672,875	$725,515	$7,196
2018	$646,736	$639,849	$655,161	$6,887

Art League of Ocean City Inc