SOCIAL CIRCLE THEATER AND ARTS COUNCIL INC (EIN 582541394) - 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

2000

Legal Domicile

Principal Officer

BETH WELLS

Phone

7704642269

Tax Period

2023-01-01 to 2023-12-31

SOCIAL CIRCLE THEATER AND ARTS COUNCIL INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $272K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $240K left a modest 12% surplus.

Mission

TO PROVIDE FACILITIES AND HUMAN RESOURCES FOR QUALITY, AFFORDABLE, FAMILY ENTERTAINMENT THAT ENRICHES THE LIVES OF AREA RESIDENTS BY BRINGING PERFORMING ARTS, COMMUNITY PRODUCTIONS AND VISUAL ART FORMS TO OUR VALUE ORIENTED FACILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $207,201

Program Service Revenue $48,127

Investment Income $0

Other Revenue $17,050

TOTAL REVENUE $272,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,546

Fundraising Expenses $0

Program Expenses $237,286

Other Expenses $125,495

TOTAL EXPENSES $240,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$272,378	$158,940	+0.7%
Expenses	$240,041	$181,361	+0.3%
Net Income	$32,337	$-22,421	-2.4%

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

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
BETH WELLS	PRESIDENT/EXECUTIVE DIRECT	20.00	Officer Director	$0	$0	$0
HAL WELLS	FIRST VICE-PRESIDENT	2.50	Officer Director	$0	$0	$0
SUE LEE	SECOND VICE-PRESIDENT	2.50	Officer Director	$0	$0	$0
ASHLEY STANDRIDGE-FLORES	TREASURER	2.00	Officer Director	$0	$0	$0
LURIE MADDOX	SECRETARY	2.00	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	No data	No data	No data	No data
2023	$272,378	$240,041	$585,050	$32,337
2022	$158,940	$181,361	$550,121	$-22,421
2021	$127,124	$154,771	$559,568	$-27,647
2020	$169,200	$182,464	$586,083	$-13,264
2019	$147,554	$198,733	$605,488	$-51,179
2018	$161,514	$160,106	$650,054	$1,408

SOCIAL CIRCLE THEATER AND ARTS COUNCIL INC