Wortham Center Operating Company (EIN 760205663) - 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

David Lane

Phone

7132389690

Tax Period

2023-07-01 to 2024-06-30

Wortham Center Operating Company, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $420K, a strong 24% operating margin.

Mission

PROVIDES SUPERVISORY MANAGEMENT & SUPPORT SERVICES TO ART ORGANIZATIONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,755,793

Investment Income $27

Other Revenue $0

TOTAL REVENUE $1,755,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,203,802

Fundraising Expenses $0

Program Expenses $1,064,728

Other Expenses $131,870

TOTAL EXPENSES $1,335,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,755,820	$1,429,732	+0.2%
Expenses	$1,335,672	$1,163,280	+0.1%
Net Income	$420,148	$266,452	+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

N/A

Volunteers

N/A

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
JAMES NELSON	TREASURER	10.00	Officer	$0	$0	$0
MOLLY DILL	SECRETARY	10.00	Officer	$0	$0	$0
CHRIS BACON	CO-PRESIDENT	10.00	Officer	$0	$0	$0
DAVID LANE	CO-PRESIDENT	10.00	Officer	$0	$0	$0
DERWOOD FREITAG	DIRECTOR OF BACKSTAGE OPERATIONS	80.00	Highest	$116,708	$0	$116,708

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	No data	No data	No data	No data
2024	$1,755,820	$1,335,672	$1,390,357	$420,148
2023	$1,429,732	$1,163,280	$1,011,815	$266,452
2022	$1,202,050	$959,130	$827,298	$242,920
2021	$208,102	$515,422	$539,120	$-307,320
2020	$780,433	$913,844	$716,297	$-133,411
2019	$1,243,829	$1,096,596	$720,180	$147,233
2018	$395,042	$567,947	$558,753	$-172,905

Wortham Center Operating Company