NASHUA COMMUNITY ARTS

EIN: 842160999 501(c)(3) Human Services

NASHUA, NH

Total Revenue
$332,501
Total Expenses
$121,332
Total Assets
$1,423,245
Net Assets
$1,417,745
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NH
Principal Officer
RICHARD LANNAN
Phone
6035460459
Tax Period
2025-01-01 to 2025-12-31

NASHUA COMMUNITY ARTS, founded in 2019, is a small nonprofit in the Human Services sector that reported $333K in total revenue in fiscal year 2025. Revenue surged 145% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 64% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO THE NASHUA CENTER FOR THE ARTS OWNED BY THE CITY OF NASHUA, LOCATED AT 201 MAIN STREET, NASHUA, NH. TO ENSURE THAT THE PERFORMING ARTS CENTER SERVES AS A COMMUNITY CULTURAL FACILITY THAT ENHANCES THE QUALITY OF LIFE FOR ALL PEOPLE IN THE GREATER NASHUA AREA BY PROVIDING A WIDE RANGE OF PROFESSIONALLY EXCELLENT PRESENTATION, AND SERVING AS A RESOURCE AND GATHERING PLACE FOR THE COMMUNITY. TO ENHANCE THE GROWTH AND STABILITY OF ARTS AND CULTURE IN THE GREATER NASHUA AREA. TO LINK THE ARTS AND CULTURAL ACTIVITIES TO THE COMMUNITY AT LARGE AND TO MAKE THEM ACCESSIBLE TO ALL.

Program Service Accomplishments

Program 1
Expenses: $101,376

SUPPORT AND MAINTENANCE OF THE COMMUNITY ARTS CENTER WHICH SERVES AS A PREMIER VENUE FOR BOTH CORPORATE AND FAMILY EVENTS.

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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 $293,903
Program Service Revenue $0
Investment Income $38,598
Other Revenue $0
TOTAL REVENUE $332,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,410
Program Expenses $101,376
Other Expenses $121,332
TOTAL EXPENSES $121,332

Year-over-Year Comparison

2025 2024 Change
Revenue $332,501 $135,800 +1.4%
Expenses $121,332 $37,053 +2.3%
Net Income $211,169 $98,747 +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
11
Independent Members
11
Employees
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD LANNAN PRESIDENT 2.00
Officer Director
$0 $0 $0
JUDITH CARLSON SECRETARY 2.00
Officer Director
$0 $0 $0
DEBORAH NOVOTNY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARYLOU BLAISDELL TRUSTEE 1.00
Director
$0 $0 $0
LISA BISSONNETTE TRUSTEE 1.00
Director
$0 $0 $0
ANDREW CURIOSO TRUSTEE 1.00
Director
$0 $0 $0
MICHELE ZIOGAS TREASURER 2.00
Officer Director
$0 $0 $0
MARY ANN MELIZZI-GOLJA TRUSTEE 1.00
Director
$0 $0 $0
PHILIP SCONTSAS TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM BARRY III TRUSTEE 1.00
Director
$0 $0 $0
SHANNON LEVESQUE TRUSTEE 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 $332,501 $121,332 $1,423,245 $211,169
2024 $135,800 $37,053 $1,214,409 $98,747
2023 $862,134 $990,622 $1,139,676 $-128,488
2022 $309,214 $180,035 $1,238,192 $129,179
2021 $1,163,388 $26,923 $1,107,138 $1,136,465
2020 $943,687 $1,557,315 $588,673 $-613,628
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