THOMASVILLE ENTERTAINMENT FOUNDATION INC

EIN: 581024440 501(c)(3) Arts, Culture & Humanities

THOMASVILLE, GA

Total Revenue
$365,778
Total Expenses
$334,181
Total Assets
$602,365
Net Assets
$549,537
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
GA
Phone
2292267404
Tax Period
2024-05-01 to 2025-04-30

THOMASVILLE ENTERTAINMENT FOUNDATION INC, founded in 1943, is a small nonprofit in the Arts, Culture & Humanities sector that reported $366K in total revenue in fiscal year 2024. Expenses of $334K left a modest 9% surplus.

Mission

TO CAPTIVATE AUDIENCES WITH LIVE PERFORMANCES BY WORLD-RENOWNED ARTISTS, WHILE CULTIVATING THE FUTURE OF THE PERFORMING ARTS WITH EDUCATIONAL PROGRAMS AND EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $228,080
Program Service Revenue $118,307
Investment Income $18,393
Other Revenue $998
TOTAL REVENUE $365,778

Expense Breakdown

Grants Paid $24,000
Salaries & Benefits $72,072
Fundraising Expenses $0
Program Expenses $334,181
Other Expenses $238,109
TOTAL EXPENSES $334,181

Year-over-Year Comparison

2024 2023 Change
Revenue $365,778 $381,584 0.0%
Expenses $334,181 $361,806 -0.1%
Net Income $31,597 $19,778 +0.6%
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

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Governance

Voting Members
30
Independent Members
30
Employees
2
Volunteers
50

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
10
$66,300
Total Directors
30
$66,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Perry Ivey Jr Executive Dir. 30.00
Officer Director
$35,700 $0 $35,700
Joan Sowell Admin Director 30.00
Officer Director
$30,600 $0 $30,600
Nathaniel Abrams Trustee 1.00
Director
$0 $0 $0
Adam Carvin Secretary 1.00
Officer Director
$0 $0 $0
Janice Conner-Ross Trustee 1.00
Director
$0 $0 $0
Charlotte Arnold Vice President 1.00
Officer Director
$0 $0 $0
Mark Hey Vice President 1.00
Officer Director
$0 $0 $0
Ann Larson Trustee 1.00
Director
$0 $0 $0
Karl Barton Vice President 1.00
Officer Director
$0 $0 $0
Peggy Brady President 1.00
Officer Director
$0 $0 $0
Julie Spence Trustee 1.00
Director
$0 $0 $0
Barbara Clinebell Trustee 1.00
Director
$0 $0 $0
Eugenia Harris Trustee 1.00
Director
$0 $0 $0
Melanee Hill Trustee 1.00
Director
$0 $0 $0
Ann Albritton Trustee 1.00
Director
$0 $0 $0
Mercer Watt Trustee 1.00
Director
$0 $0 $0
Laura Pike Vice President 1.00
Officer Director
$0 $0 $0
Debbie Godbehere Trustee 1.00
Director
$0 $0 $0
Robin Wise Trustee 1.00
Director
$0 $0 $0
Trish Osteen Trustee 1.00
Director
$0 $0 $0
Mary Jane McNeill Trustee 1.00
Director
$0 $0 $0
Mary Kathryn Sibley Trustee 1.00
Director
$0 $0 $0
Annie Laurie McElroy Vice President 1.00
Officer Director
$0 $0 $0
Roonie Willers Trustee 1.00
Director
$0 $0 $0
Copper Comita Trustee 1.00
Director
$0 $0 $0
Rita Amisson Treasurer 4.00
Officer Director
$0 $0 $0
Joe Tarver Trustee 1.00
Director
$0 $0 $0
Pam Wright Trustee 1.00
Director
$0 $0 $0
Jay Flowers Trustee 1.00
Director
$0 $0 $0
Pamela Tucker Trustee 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 $365,778 $334,181 $602,365 $31,597
2024 $381,584 $361,806 $566,413 $19,778
2023 $349,593 $322,515 $554,529 $27,078
2022 $324,792 $280,778 $532,555 $44,014
2021 $261,418 $146,580 $472,889 $114,838
2020 $316,096 $281,873 $349,995 $34,223
2019 $272,266 $266,920 $398,806 $5,346
2018 $274,737 $251,443 $342,007 $23,294
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