MID DELTA ARTS ASSOCIATION

🔒

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

1978

Legal Domicile

Principal Officer

WALLACE SKELTON

Phone

6628874522

Tax Period

2024-08-01 to 2025-07-31

MID DELTA ARTS ASSOCIATION, founded in 1978, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $51K in total revenue in fiscal year 2024. Expenses of $70K exceeded revenue, resulting in a 36% operating deficit.

Mission

AMATEUR COMMUNITY THEATRICAL PRODUCTIONS

Program Service Accomplishments

Program 1

Expenses: $69,763 Revenue: $18,539

THE ORGANIZATION PUTS ON SEVERAL AMATEUR COMMUNITY THEATRICAL PRODUCTIONS FOR ITS MEMBERS AND THE PUBLIC.

🔒

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 $32,824

Program Service Revenue $18,539

Investment Income $88

Other Revenue $0

TOTAL REVENUE $51,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,763

Other Expenses $69,763

TOTAL EXPENSES $69,763

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,451	$48,970	+0.1%
Expenses	$69,763	$54,800	+0.3%
Net Income	$-18,312	$-5,830	+2.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALLACE SKELTON	VICE PRESIDE	N/A	Officer	$0	$0	$0
DON SYKES	PRESIDENT	N/A	Officer	$0	$0	$0
CINDY BAIRD	SECRETARY	N/A	Officer	$0	$0	$0
ANDY DANIELS	TREASURER	N/A	Officer	$0	$0	$0
NICOLE ANDREWS	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT SLEDGE	BOARD MEMBER	N/A	Director	$0	$0	$0
LEANNE SILVERBLATT	BOARD MEMBER	N/A	Director	$0	$0	$0
PAT ADAMS	BOARD MEMBER	N/A	Director	$0	$0	$0
EDDIE DONAHOE	BOARD MEMBER	N/A	Director	$0	$0	$0
JENNIFER SCHAUMBURG	BOARD MEMBER	N/A	Director	$0	$0	$0
JONNY MCWILLIAMS	BOARD MEMBER	N/A	Director	$0	$0	$0
HANK FERGUSON	BOARD MEMBER	N/A	Director	$0	$0	$0
KATHRYN LEDBETTER	BOARD MEMBER	N/A	Director	$0	$0	$0
MYRA MYERS	BOARD MEMBER	N/A	Director	$0	$0	$0
HERRON WILSON	BOARD MEMBER	N/A	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	$51,451	$69,763	$623,248	$-18,312
2024	$48,970	$54,800	$641,560	$-5,830
2023	$60,221	$55,203	$647,390	$5,018
2022	$58,403	$45,478	$655,509	$12,925
2021	$76,555	$39,150	$653,715	$37,405
2020	$85,526	$43,741	$674,101	$41,785
2019	$87,126	$55,682	$653,284	$31,444
2018	$226,133	$76,352	$664,010	$149,781