HATTIESBURG CIVIC CHORUS AND CONCERT ASSOCIATION INC (EIN 640881120) - 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

1996

Legal Domicile

Principal Officer

AMANDA POWELL

Phone

6015204877

Tax Period

2023-07-01 to 2024-06-30

HATTIESBURG CIVIC CHORUS AND CONCERT ASSOCIATION INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $519K in total revenue in fiscal year 2023. Expenses of $502K left a modest 3% surplus.

Mission

TO DEVELOP A MUSIC SERIES WHICH INCLUDES CONCERTS PERFORMED IN VARIOUS LOCATIONS, AS WELL AS REPERTORY RECITAL SERIES IN AN ATTEMPT TO ENRICH THE COMMUNITY AND ENCOURAGE THE APPRECIATION OF MUSICAL ARTS WITHIN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $345,669

Program Service Revenue $175,004

Investment Income $5,434

Other Revenue $-7,045

TOTAL REVENUE $519,062

Expense Breakdown

Grants Paid $16,610

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $414,076

Other Expenses $485,506

TOTAL EXPENSES $502,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$519,062	$511,577	+0.0%
Expenses	$502,116	$548,085	-0.1%
Net Income	$16,946	$-36,508	-1.5%

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

N/A

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
CAROLYN MCLARNAN	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID M OTT	BOARD MEMBER	1.00	Director	$0	$0	$0
CONNIE ROBERTS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHRIS DUNKLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA POWELL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
YOLANDA MORRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLO DORSEY	BOARD MEMBER	1.00	Director	$0	$0	$0
EDDIE HOLLOWAY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID SHEMPER	BOARD MEMBER	1.00	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
2024	$59,665	$38,401	$264,585	$21,264
2024	$519,062	$502,116	$243,321	$16,946
2023	$511,577	$548,085	$226,375	$-36,508
2022	$381,288	$322,654	$262,883	$58,634
2021	$183,888	$214,988	$204,249	$-31,100
2020	$363,032	$192,076	$235,349	$170,956
2019	$279,490	$290,664	$64,393	$-11,174

HATTIESBURG CIVIC CHORUS AND CONCERT ASSOCIATION INC