CARPENTER SQUARE THEATRE INC (EIN 731236623) - 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

1984

Legal Domicile

Principal Officer

RHONDA CLARK

Phone

4052326500

Tax Period

2024-07-01 to 2025-06-30

CARPENTER SQUARE THEATRE INC, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $310K in total revenue in fiscal year 2024. Net assets of $623K represent 24 months of operating reserves.

Mission

Carpenter Square Theatre Inc entertains educates and enriches the community with unedited live contemporary works

🔒

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 $193,355

Program Service Revenue $107,590

Investment Income $208

Other Revenue $8,475

TOTAL REVENUE $309,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,027

Fundraising Expenses $0

Program Expenses $298,877

Other Expenses $221,280

TOTAL EXPENSES $321,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$309,628	$287,939	+0.1%
Expenses	$321,307	$243,914	+0.3%
Net Income	$-11,679	$44,025	-1.3%

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

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
RHONDA CLARK	EXECUTIVE ARTISTIC DIR	40.00	Highest	$52,955	$0	$52,955
RICK ALLEN LIPPERT	BOARD CHAIR	28.00	Officer Director	$0	$0	$0
DAVID PATTERSON	VICECHAIR	2.00	Officer Director	$0	$0	$0
DOYLE PHILLIPS	SECRETARY	2.00	Officer Director	$0	$0	$0
JULIE WEBB	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE CRONE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA MANAUGH	DIRECTOR	1.00	Director	$0	$0	$0
CARLA SPLAINGARD	DIRECTOR	1.00	Director	$0	$0	$0
MARION PADEN	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA WESTBROOK	DIRECTOR	1.00	Director	$0	$0	$0
LORI RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WILLIAMS	DIRECTOR	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
2025	$309,628	$321,307	$630,760	$-11,679
2024	No data	No data	No data	No data
2023	$234,184	$127,635	$600,283	$106,549
2022	$424,661	$151,020	$493,877	$273,641
2021	$310,403	$188,386	$223,387	$122,017
2020	$236,746	$174,502	$100,165	$62,244

CARPENTER SQUARE THEATRE INC