BEACON PERFORMING ARTS CENTER LTD

EIN: 822836089 501(c)(3) Arts, Culture & Humanities

BEACON, NY

Total Revenue
$446,113
Total Expenses
$377,929
Total Assets
$157,253
Net Assets
$150,696
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
RICK GRADY
Phone
7742498943
Tax Period
2022-08-01 to 2023-07-31

BEACON PERFORMING ARTS CENTER LTD, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $446K in total revenue in fiscal year 2022. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 15% operating margin.

Mission

TO EDUCATE LOCAL YOUTH WITH THE HELP OF SCHOLARSHIPS AND AFFORDABLE FEES SO THAT ANYONE WITH A LOVE FOR PERFORMING ARTS CAN PARTICIPATE IN CLASSES, WORKSHOPS AND PUBLIC PERFORMANCES.

Program Service Accomplishments

Program 1
Expenses: $377,929 Revenue: $445,623

THE PROGRAM COMPLETED MAINSTAGE MUSICAL THEATRE PRODUCTIONS SERVING STUDENTS FROM THE COMMUNITY. WEEKLY CLASSES WERE OFFERED IN DANCE, VOCALS, ACTING, IMPROV AND MOMMY AND ME, RANGING IN AGES 3 TO...

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THE PROGRAM COMPLETED MAINSTAGE MUSICAL THEATRE PRODUCTIONS SERVING STUDENTS FROM THE COMMUNITY. WEEKLY CLASSES WERE OFFERED IN DANCE, VOCALS, ACTING, IMPROV AND MOMMY AND ME, RANGING IN AGES 3 TO 18. SUMMER CAMPS WERE AVAILABLE AND THE PROGRAM WAS REPRESENTED AT LOCAL COMMUNITY EVENTS. THE STUDENT ACCOMPLISHMENTS RANGE FROM PERSONAL GOALS ON STAGE AND BEHIND THE SCENES, TO CASTING, TO BEING CALLED BACK FOR SOME OF THE TOP THEATRE UNIVERSITIES IN THE COUNTY, WHICH SUCCESSFUL RESULTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $490
Program Service Revenue $445,623
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,113

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,142
Fundraising Expenses $0
Program Expenses $377,929
Other Expenses $255,787
TOTAL EXPENSES $377,929

Year-over-Year Comparison

2022 2021 Change
Revenue $446,113 $332,928 +0.3%
Expenses $377,929 $303,219 +0.2%
Net Income $68,184 $29,709 +1.3%
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

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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
3
Independent Members
N/A
Employees
N/A
Volunteers
400

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
3
$8,160
Total Directors
5
$121,622
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD GRADY PRESIDENT 1.00
Officer Director
$0 $0 $0
JANE BRIGUGLIO SECRETARY 1.00
Officer Director
$0 $0 $0
TIMOTHY GRADY TREASURER 4.00
Officer Director
$8,160 $0 $8,160
KATE VANDER LINDEN EXECUTIVE DIRECTOR 40.00
Director
$60,962 $0 $60,962
JAKE VANDER LINDEN ARTISTIC DIRECTOR 40.00
Director
$52,500 $0 $52,500
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
2024 No data No data No data No data
2023 $446,113 $377,929 $157,253 $68,184
2023 $139,715 $192,060 $103,351 $-52,345
2022 $332,928 $303,219 $98,721 $29,709
2022 $332,928 $303,219 $98,721 $29,709
2021 $158,306 $168,356 $69,012 $-10,050
2020 $183,816 $186,713 $79,062 $-2,897
2019 $240,710 $181,272 $81,959 $59,438
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