RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC (EIN 592245054) - 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

1982

Legal Domicile

Principal Officer

DIANE QUINN

Phone

5618338300

Tax Period

2024-07-01 to 2025-06-30

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC, founded in 1982, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $54.6M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $46.9M left a modest 14% surplus.

Mission

PRESENT A DIVERSE SCHEDULE OF PERFORMING ARTISTS, FOSTER ARTS EDUCATION, AND SUPPORT TOURISM.

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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 $11,161,546

Program Service Revenue $30,625,337

Investment Income $13,196,605

Other Revenue $-334,204

TOTAL REVENUE $54,649,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,522,508

Fundraising Expenses $1,778,069

Program Expenses $37,795,390

Other Expenses $33,350,881

TOTAL EXPENSES $46,920,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,649,284	$45,433,745	+0.2%
Expenses	$46,920,789	$45,977,658	+0.0%
Net Income	$7,728,495	$-543,913	-15.2%

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

268

Volunteers

400

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

$981,530

Total Directors

Key Employees

$798,582

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PENNY BANK	DIRECTOR	2.00	Director	$0	$0	$0
ALLEN ADELSON	DIRECTOR	2.00	Director	$0	$0	$0
SHERRY BARRAT	CHAIR	2.00	Officer Director	$0	$0	$0
IRENE KARP	DIRECTOR	2.00	Director	$0	$0	$0
BRADLEY HURSTON	SECRETARY	2.00	Officer Director	$0	$0	$0
WILLIAM MACK	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL BRACCI	DIRECTOR	2.00	Director	$0	$0	$0
DAVID LAMBERT	TREASURER	2.00	Officer Director	$0	$0	$0
ROBERT FROMER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MACK	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD SLOANE	DIRECTOR	2.00	Director	$0	$0	$0
STUART FRANKEL	DIRECTOR	2.00	Director	$0	$0	$0
PAUL LEONE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MONIKA PRESTON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JEFFREY STOOPS	DIRECTOR	2.00	Director	$0	$0	$0
NORMA KLORFINE	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM PETERSON	DIRECTOR	2.00	Director	$0	$0	$0
EVAN DEOUL	DIRECTOR	2.00	Director	$0	$0	$0
AVA PARKER	DIRECTOR	2.00	Director	$0	$0	$0
EILEEN BERMAN	DIRECTOR	2.00	Director	$0	$0	$0
JAMES COLEMAN	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH HIMMEL	DIRECTOR	2.00	Director	$0	$0	$0
JOHN KETCHUM	DIRECTOR	2.00	Director	$0	$0	$0
MARTHA RODRIGUEZ	DIRECTOR	2.00	Director	$0	$0	$0
DIANE QUINN	CEO	40.00	Officer	$554,523	$27,750	$582,273
KYLE ROBERTS-RUGE	CFO	40.00	Officer	$371,507	$27,750	$399,257
GEORGIANA YOUNG	VP OF MARKETING/PROGRAMING	40.00	Key Emp	$275,955	$26,298	$302,253
NICK TIGUE	VP OF OPERATION	40.00	Key Emp	$266,614	$7,596	$274,210
CHURE GLADWELL	VP OF DEVELOP	40.00	Key Emp	$220,419	$1,700	$222,119
ANDREW SEGALOFF	SENIOR DIRECTOR OF IT	40.00	Highest	$181,684	$21,584	$203,268
LARRY BLISCHE	SENIOR IT ANALYST	40.00	Highest	$138,986	$19,000	$157,986
TRACY BUTLER	DIRECTOR OF EDUCATION	40.00	Highest	$142,998	$19,650	$162,648
MARY JACOBS	SENIOR DIRECTOR OF DEVELOP	40.00	Highest	$124,981	$18,749	$143,730
PHALA MURRAY	SENIOR DIRECTOR OF MARKETI	40.00	Highest	$124,937	$15,708	$140,645
DIANE BERGNER	FORMER VP OF DEVELOPMENT	40.00		$103,724	$0	$103,724

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	$54,649,284	$46,920,789	$214,269,037	$7,728,495
2024	$45,433,745	$45,977,658	$208,612,181	$-543,913
2023	$40,505,263	$40,806,709	$205,224,842	$-301,446
2022	$38,946,288	$32,519,453	$195,673,328	$6,426,835
2021	$14,432,246	$19,904,010	$208,717,801	$-5,471,764
2020	$42,975,938	$36,530,954	$194,889,253	$6,444,984
2019	$45,467,826	$34,728,060	$193,705,337	$10,739,766
2018	$39,882,734	$31,126,518	$159,607,055	$8,756,216

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC