THE ARTS CENTER OF CANNON COUNTY INC (EIN 581882966) - 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

1979

Legal Domicile

Principal Officer

ELIZABETH MCCRARY

Phone

6155632787

Tax Period

2024-01-01 to 2024-12-31

THE ARTS CENTER OF CANNON COUNTY INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $582K in total revenue in fiscal year 2024. Expenses of $509K left a modest 13% surplus.

Mission

THE ARTS CENTER HOLDS VARIOUS SHOWS, EVENTS, PLAYS, ARTISTIC ACTIVITIES, CLASSES, ETC.

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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 $244,181

Program Service Revenue $272,802

Investment Income $34,037

Other Revenue $30,527

TOTAL REVENUE $581,547

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,466

Fundraising Expenses $4,604

Program Expenses $465,409

Other Expenses $355,062

TOTAL EXPENSES $508,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$581,547	$606,135	0.0%
Expenses	$508,528	$476,114	+0.1%
Net Income	$73,019	$130,021	-0.4%

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

$36,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DARRYL DEASON	MEMBER	0.00	Director	$0	$0	$0
JASON JONES	MEMBER	0.00	Director	$0	$0	$0
MATT SMITH	MEMBER	0.00	Director	$0	$0	$0
MARY WILSON	MEMBER	0.00	Director	$0	$0	$0
CHRISTY SANFORD	TREASURER	1.00	Director	$0	$0	$0
JASON GRIFFEY	VICE PRESIDENT	1.00	Director	$0	$0	$0
RACHEL OPPMANN	STUDENT MEMBER	0.00	Director	$0	$0	$0
SHENEITHIA STICKLER	SECRETARY	1.00	Officer	$0	$0	$0
TED VERBETEN	PRESIDENT	1.00	Officer	$0	$0	$0
KAY CURRIE	MEMBER	0.00	Officer	$0	$0	$0
ELIZABETH MCCRARY	EXECUTIVE DIRECTOR	40.00	Officer	$36,000	$0	$36,000

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	$581,547	$508,528	$2,351,200	$73,019
2023	$606,135	$476,114	$2,261,250	$130,021
2022	$842,986	$380,749	$2,106,117	$462,237
2021	$248,668	$228,529	$1,631,643	$20,139
2020	$272,141	$276,264	$1,473,750	$-4,123
2019	$375,902	$393,646	$1,483,402	$-17,744
2018	$525,269	$365,530	$1,489,121	$159,739

THE ARTS CENTER OF CANNON COUNTY INC