CREATIVE HUB WORCESTER (EIN 812613929) - 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

2016

Legal Domicile

Principal Officer

LAURA MAROTTA

Phone

9782731422

Tax Period

2024-02-01 to 2025-01-31

CREATIVE HUB WORCESTER, founded in 2016, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $631K, a strong 43% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT OUR LOCAL COMMUNITY THROUGH PROVIDING ACCESSIBLE ARTS PROGRAMS, COMMUNITY OUTREACH, CULTURALLY FOCUSED EVENTS, AND OFFERING A SAFE AND WELCOMING SPACE AND PLATFORM FOR OTHER ARTS AND COMMUNITY-ORIENTED ORGANIZATIONS TO GROW AND SUSTAIN THEIR PROGRAMMING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,277,626

Program Service Revenue $175,537

Investment Income $14,553

Other Revenue $2,605

TOTAL REVENUE $1,470,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,501

Fundraising Expenses $21,165

Program Expenses $377,362

Other Expenses $501,351

TOTAL EXPENSES $838,852

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,470,321	$1,903,273	-0.2%
Expenses	$838,852	$684,011	+0.2%
Net Income	$631,469	$1,219,262	-0.5%

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

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

$127,699

Total Directors

$107,027

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN MCSHEA	SECRETARY	1.00	Officer Director	$0	$0	$0
PENN RUDERMAN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF CAMMUSO	DIRECTOR	1.00	Director	$0	$0	$0
CARA LISA BERG POWERS	DIRECTOR	1.00	Director	$0	$0	$0
MARYANNE HAMMOND	DIRECTOR	1.00	Director	$0	$0	$0
JESS BAER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW MCSHANE	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY CHESTER	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET GUZMAN	DIRECTOR	2.00	Director	$0	$0	$0
LAURA MAROTTA	EXECUTIVE DIRECTOR	41.19	Officer Director	$107,027	$0	$107,027
STACY LORD	PRESIDENT	23.38	Officer	$20,672	$0	$20,672
TIMOTHY DOYLE	TREASURER	2.00	Officer	$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	$1,470,321	$838,852	$6,158,307	$631,469
2024	$1,903,273	$684,011	$4,636,934	$1,219,262
2023	$1,689,510	$465,660	$1,786,963	$1,223,850
2022	$320,770	$209,692	$508,701	$111,078
2021	$210,014	$109,564	$332,708	$100,450

CREATIVE HUB WORCESTER