Workhouse Arts Foundation Inc (EIN 753057770) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2001

Legal Domicile

Principal Officer

Keith Gordon

Phone

7035842900

Tax Period

2024-07-01 to 2025-06-30

Workhouse Arts Foundation Inc, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2018. The organization ran a surplus of $1.2M, a strong 33% operating margin.

Mission

We strive to harness the power of the arts to engage, heal & inspire communities through creativity, cultural enrichment, historic preservation, & positive social impact.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,088,594

Program Service Revenue $1,924,327

Investment Income $7,951

Other Revenue $294,227

TOTAL REVENUE $3,315,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,698,527

Fundraising Expenses $159,738

Program Expenses $2,467,084

Other Expenses $1,860,747

TOTAL EXPENSES $3,559,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,315,099	$2,371,158	+0.4%
Expenses	$3,559,274	$2,966,912	+0.2%
Net Income	$-244,175	$-595,754	-0.6%

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

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

$174,356

Total Directors

$174,356

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keith Gordon	President & CEO	40.00	Officer Director	$85,256	$13,934	$99,190
Rachel Kizielewicz	Interim President & CEO	40.00	Officer Director	$74,327	$839	$75,166
Vincette Goerl	Chairman	5.00	Officer Director	$0	$0	$0
Sharon Bulova	Vice Chairman	1.00	Officer Director	$0	$0	$0
John McGranahan	Treasurer	1.00	Officer Director	$0	$0	$0
Katie Turcotte	Secretary	1.00	Officer Director	$0	$0	$0
Caroline Blanco	Director	1.00	Director	$0	$0	$0
David T McElhaney	Director	1.00	Director	$0	$0	$0
Debbie Rosenstein	Director	1.00	Director	$0	$0	$0
Doug Davis	Director	1.00	Director	$0	$0	$0
Glenn Cobb	Director	1.00	Director	$0	$0	$0
Greg Riegle	Director	1.00	Director	$0	$0	$0
Gregory Gadson	Director	1.00	Director	$0	$0	$0
Joe Plumpe	Director	1.00	Director	$0	$0	$0
John Regan	Director	1.00	Director	$0	$0	$0
Joy Quinn	Director	1.00	Director	$0	$0	$0
Lura Bove	Director	1.00	Director	$0	$0	$0
Maryann Annie Broderick	Director	1.00	Director	$0	$0	$0
Paula Lettice	Director	1.00	Director	$0	$0	$0
Prudence Bovee	Director	1.00	Director	$0	$0	$0
Richard Klimoski	Director	1.00	Director	$0	$0	$0
Sam Gray	Director	1.00	Director	$0	$0	$0
Timothy Rizer	Director	1.00	Director	$0	$0	$0
Joseph LaHait	Ex Officio, Fairfax County Liaison	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	$3,315,099	$3,559,274	$3,427,086	$-244,175
2024	$2,371,158	$2,966,912	$3,612,474	$-595,754
2023	$2,525,378	$3,078,817	$4,104,887	$-553,439
2022	$2,754,088	$3,049,008	$5,095,292	$-294,920
2021	$2,307,119	$1,946,020	$5,026,678	$361,099
2020	$2,405,102	$2,259,320	$4,830,442	$145,782
2020	$2,287,682	$2,255,436	$4,782,183	$32,246
2019	$3,536,680	$2,378,191	$4,588,899	$1,158,489

Workhouse Arts Foundation Inc