AREA COMMUNITY THEATRE OF SHARPSVILLE

EIN: 800653272 501(c)(3) Arts, Culture & Humanities

Sharpsville, PA

Total Revenue
$222,682
Total Expenses
$228,616
Total Assets
$744,287
Net Assets
$487,374
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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
2011
Legal Domicile
PA
Principal Officer
Tom Perman
Phone
7248154388
Tax Period
2025-01-01 to 2025-12-31

AREA COMMUNITY THEATRE OF SHARPSVILLE, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $487K represent 26 months of operating reserves.

Mission

Provide community theatre activities for the residents of the Shenango Valley.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $69,256
Program Service Revenue $153,018
Investment Income $408
Other Revenue $0
TOTAL REVENUE $222,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $137,604
Other Expenses $228,616
TOTAL EXPENSES $228,616

Year-over-Year Comparison

2025 2024 Change
Revenue $222,682 $294,169 -0.2%
Expenses $228,616 $198,103 +0.2%
Net Income $-5,934 $96,066 -1.1%
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

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Governance

Voting Members
15
Independent Members
N/A
Employees
N/A
Volunteers
250

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Dach Board Member 20
Director
$0 $0 $0
Miriam Necastro Board Member 10
Director
$0 $0 $0
Mark Nelson Board Member 20
Director
$0 $0 $0
Anita Perman Board Member 20
Director
$0 $0 $0
Justin Ray Board Member 20
Director
$0 $0 $0
Thomas Roberts Board Member 20
Director
$0 $0 $0
Jennifer Stephenson Board Member 20
Director
$0 $0 $0
Thomas Perman President 30
Director
$0 $0 $0
Susan Piccirilli Vice President 25
Director
$0 $0 $0
Greg Perrine Treasurer 25
Director
$0 $0 $0
Krystal Miller Secretary 20
Director
$0 $0 $0
Christina Russo Board Member 20
Director
$0 $0 $0
Melissa Eaton Board Member 20
Director
$0 $0 $0
Jennifer Stephenson Board Member 10
Director
$0 $0 $0
Analia Russo Board Member 10
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 $222,682 $228,616 $744,287 $-5,934
2024 $294,169 $198,103 $763,464 $96,066
2023 $272,862 $183,133 $680,091 $89,729
2022 $440,192 $289,502 $602,669 $150,690
2021 $207,980 $100,726 $456,820 $107,254
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