Hendersonville Performing Arts Company Inc

EIN: 841642694 501(c)(3) Arts, Culture & Humanities

Hendersonville, TN

Total Revenue
$339,496
Total Expenses
$345,065
Total Assets
$91,834
Net Assets
$90,797
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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
2004
Legal Domicile
TN
Principal Officer
Dana Hire
Phone
6158265624
Tax Period
2023-09-01 to 2024-08-31

Hendersonville Performing Arts Company Inc, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $339K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Community Theatre that has Performing Arts education, experience and benefit of community

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,166
Program Service Revenue $315,869
Investment Income $1,461
Other Revenue $0
TOTAL REVENUE $339,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,295
Fundraising Expenses $0
Program Expenses $345,065
Other Expenses $312,770
TOTAL EXPENSES $345,065

Year-over-Year Comparison

2023 2022 Change
Revenue $339,496 $254,165 +0.3%
Expenses $345,065 $270,029 +0.3%
Net Income $-5,569 $-15,864 -0.6%
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
7
Independent Members
7
Employees
1
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Pasquini 020.00
Director
$0 $0 $0
Pete Melvin President 010.00
Officer
$0 $0 $0
Dana Hire Treasurer 010.00
Officer
$0 $0 $0
Kevin Sanderson Secretary 010.00
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
2024 $339,496 $345,065 $91,834 $-5,569
2022 $264,891 $267,052 $112,264 $-2,161
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