CARTERET COMMUNITY THEATRE INC (EIN 581720914) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

PAM WALL

Phone

2527261501

Tax Period

2024-01-01 to 2024-12-31

CARTERET COMMUNITY THEATRE INC, founded in 1948, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $711K, a strong 64% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION SHALL BE THE CULTURAL BETTERMENT OF THE CITIZENS OF CARTERET COUNTY THROUGH THE PRODUCTION OF DRAMATIC ENTERTAINMENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $787,408

Program Service Revenue $265,925

Investment Income $63,810

Other Revenue $0

TOTAL REVENUE $1,117,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,189

Fundraising Expenses $46,175

Program Expenses $229,573

Other Expenses $302,224

TOTAL EXPENSES $406,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,117,143	$603,493	+0.9%
Expenses	$406,588	$272,569	+0.5%
Net Income	$710,555	$330,924	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY CROWE	AT LARGE MEMBER	1.00	Director	$0	$0	$0
CHRISTINE LEARY	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JAIME MAGEE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHARLES PRINGLE	AT LARGE MEMBER	1.00	Director	$0	$0	$0
JOHN SCIBAL	TREASURER	1.00	Officer Director	$0	$0	$0
PAM WALL	CHAIR	1.00	Officer Director	$0	$0	$0
BILL WEINHOLD	AT LARGE MEMBER	1.00	Director	$0	$0	$0
SHARON GARNER	AT LARGE MEMBER	1.00	Director	$0	$0	$0
NIC CAREY	AT LARGE 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
2024	$1,117,143	$406,588	$2,488,784	$710,555
2023	$603,493	$272,569	$1,776,418	$330,924
2022	$209,543	$198,773	$1,447,949	$10,770
2021	$301,518	$76,488	$936,088	$225,030
2021	$357,441	$45,753	$713,190	$311,688
2020	$347,349	$216,549	$834,155	$130,800
2019	$310,475	$248,741	$864,519	$61,734

CARTERET COMMUNITY THEATRE INC