MERIDIAN LITTLE THEATRE (EIN 640511323) - 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

DIANE A FREEMAN

Phone

6014826371

Tax Period

2024-06-01 to 2025-05-31

MERIDIAN LITTLE THEATRE, founded in 1965, is a small nonprofit in the Arts, Culture & Humanities sector that reported $317K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $293K left a modest 8% surplus.

Mission

COMMUNITY THEATER

🔒

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 $170,132

Program Service Revenue $146,433

Investment Income $0

Other Revenue $0

TOTAL REVENUE $316,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,647

Fundraising Expenses $7,156

Program Expenses $242,869

Other Expenses $215,854

TOTAL EXPENSES $292,501

Year-over-Year Comparison

	2024	2023	Change
Revenue	$316,565	$427,476	-0.3%
Expenses	$292,501	$289,124	+0.0%
Net Income	$24,064	$138,352	-0.8%

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

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
ANDREA THAGGARD	VICE PRESIDENT	0.00	Officer	$0	$0	$0
DIANE A FREEMAN	PRESIDENT	0.00	Officer	$0	$0	$0
RIC ALEXANDER	TREASURER	0.00	Officer	$0	$0	$0
STACEY HUTCHESON	EXECUTIVE BUSINESS MGR	40.00	Key Emp	$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	$316,565	$292,501	$557,620	$24,064
2024	$427,476	$289,124	$520,038	$138,352
2023	$238,149	$268,997	$373,845	$-30,848
2022	$234,555	$237,965	$406,664	$-3,410
2021	$192,800	$207,528	$425,055	$-14,728
2020	$233,046	$247,632	$458,870	$-14,586
2019	$237,400	$235,244	$443,467	$2,156
2018	$241,160	$233,907	$433,505	$7,253

MERIDIAN LITTLE THEATRE