Lake Worth Playhouse Inc (EIN 596138280) - 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

1965

Legal Domicile

Principal Officer

Michael McKeich

Phone

5615866410

Tax Period

2024-07-01 to 2025-06-30

Lake Worth Playhouse Inc, founded in 1965, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 11% surplus.

Mission

To promote the performing arts

🔒

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 $500,096

Program Service Revenue $968,672

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,468,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $520,458

Fundraising Expenses $32,591

Program Expenses $1,180,303

Other Expenses $787,047

TOTAL EXPENSES $1,307,505

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,468,768	$1,448,537	+0.0%
Expenses	$1,307,505	$1,078,717	+0.2%
Net Income	$161,263	$369,820	-0.6%

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

200

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

$60,000

Key Employees

$108,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shoshana Davidowitz	Executive Director	40.00	Director Key Emp	$60,000	$0	$60,000
Daniel Eilola	Artistic Director	40.00	Key Emp	$48,000	$0	$48,000
Paul Schild	Vice President	2.00	Officer Director	$0	$0	$0
Stephan Woods	Director	2.00	Director	$0	$0	$0
Michael Mckeich	President	2.00	Officer Director	$0	$0	$0
Theresa Miller	Secretary	2.00	Director	$0	$0	$0
Hillary Longo	Director	2.00	Director	$0	$0	$0
Barbara Boccaccio	Treasurer	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
2025	$1,468,768	$1,307,505	$1,403,928	$161,263
2024	No data	No data	No data	No data
2023	$761,372	$929,500	$867,894	$-168,128
2022	$1,168,671	$800,382	$1,032,061	$368,289
2021	$502,561	$581,286	$754,121	$-78,725
2020	$758,948	$821,721	$698,459	$-62,773
2019	$850,365	$893,586	$724,924	$-43,221
2018	$873,658	$841,308	$797,370	$32,350

Lake Worth Playhouse Inc