THEATRE WORKSHOP OF OWENSBORO INC (EIN 610968600) - 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

1954

Legal Domicile

Principal Officer

TODD REYNOLDS

Phone

2706835003

Tax Period

2023-07-01 to 2024-06-30

THEATRE WORKSHOP OF OWENSBORO INC, founded in 1954, is a small nonprofit that reported $224K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $298K exceeded revenue, resulting in a 33% operating deficit.

Mission

THEATRE WORKSHOP OF OWENSBORO (TWO) IS ORGANIZED FOR THE PURPOSE OF PROVIDING OPPORTUNITIES AND TO EDUCATE, INSPIRE, AND TRANSFORM OUR COMMUNITY THROUGH THE THEATRICAL 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 (2023)

Revenue Breakdown

Contributions & Grants $104,064

Program Service Revenue $96,597

Investment Income $41

Other Revenue $23,281

TOTAL REVENUE $223,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,230

Fundraising Expenses $14,201

Program Expenses $213,652

Other Expenses $158,919

TOTAL EXPENSES $298,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,983	$242,898	-0.1%
Expenses	$298,149	$299,858	0.0%
Net Income	$-74,166	$-56,960	+0.3%

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

350

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

$53,617

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANNAH ADAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
JACOB HEIN	BOARD MEMBER	2.00	Director	$0	$0	$0
DR MICHELLE HOWARD	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH ACQUISTO	TREASURER	2.00	Officer Director	$0	$0	$0
MCCELLUS MAYS	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANDREW BOLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
PRESTON MIDDLETON	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIN MORRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
PATTI TAYLOR	BOARD MEMBER	2.00	Director	$0	$0	$0
MERCEDEZ VARBLE	BOARD MEMBER	2.00	Director	$0	$0	$0
JASON BOSTWICK	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM GARVIN	BOARD MEMBER	2.00	Director	$0	$0	$0
LISA MINGUS-TULLIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID ROARK	BOARD MEMBER	2.00	Director	$0	$0	$0
TODD REYNOLDS	EXECUTIVE DIRECTOR	40.00	Officer	$48,885	$4,732	$53,617

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	No data	No data	No data	No data
2024	$223,983	$298,149	$659,186	$-74,166
2023	$242,898	$299,858	$733,778	$-56,960
2022	$282,026	$249,141	$795,387	$32,885
2021	$235,062	$212,891	$757,990	$22,171
2020	$229,198	$272,127	$761,873	$-42,929
2019	$320,766	$300,860	$779,413	$19,906
2018	$285,622	$272,265	$761,253	$13,357

THEATRE WORKSHOP OF OWENSBORO INC