SUMMERTIME GALLERY INC (EIN 841786164) - 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

2019

Legal Domicile

Principal Officer

Anna Schechter

Phone

6464708243

Tax Period

2024-07-01 to 2025-06-30

SUMMERTIME GALLERY INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $527K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $147K, a strong 28% operating margin.

Mission

Summertime Gallery is a nonprofit art studio and gallery that champions a more inclusive art world where artists with and without intellectual disabilities create and display work alongside one another.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $424,955

Program Service Revenue $52,039

Investment Income $0

Other Revenue $50,114

TOTAL REVENUE $527,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,789

Fundraising Expenses $53,517

Program Expenses $273,352

Other Expenses $192,126

TOTAL EXPENSES $379,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$527,108	$279,225	+0.9%
Expenses	$379,915	$296,713	+0.3%
Net Income	$147,193	$-17,488	-9.4%

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

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

$108,793

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sophia Cosmadopoulos	Gallery Dir.	40.00	Officer	$51,154	$4,627	$55,781
Anna Schechter	Studio Director	40.00	Officer	$48,385	$4,627	$53,012
Morgan Evans	President	1.00	Officer Director	$0	$0	$0
Jennifer Clowe	Treasurer	1.00	Officer Director	$0	$0	$0
Nate Palmer	Secretary	1.00	Officer Director	$0	$0	$0
Dean Millien	Board member	1.00	Director	$0	$0	$0
Molly Surno	Board member	1.00	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	$527,108	$379,915	$297,700	$147,193
2024	$279,225	$296,713	$136,995	$-17,488
2023	$300,481	$225,330	$153,484	$75,151
2023	$296,181	$225,540	$152,049	$70,641
2022	$212,363	$150,412	$78,996	$61,951

SUMMERTIME GALLERY INC