PERFORMING ARTS BUILDING FOUNDATION INC (EIN 850967984) - 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

2020

Legal Domicile

Principal Officer

GAIL GIBSON

Phone

5082553999

Tax Period

2022-07-01 to 2023-06-30

PERFORMING ARTS BUILDING FOUNDATION INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $391K in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $462K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE FOUNDATION SUPPORTS THE CHARITABLE AND EDUCATIONAL ACTIVITIES AND MISSIONS OF ARTS EMPOWERING LIFE, INC. BY COMMUNICATING WITH DONORS, AND BY DEVELOPING, RENOVATING, CONSTRUCTING, MAINTAINING, AND REPARING A PERFORMING ARTS FACILITY AND OTHER RELATED IMPROVEMENTS TO REAL ESTATE IN BREWSTER, MASSACHUSETTS, AND TO RAISE THE FUNDS NECESSARY TO ACCOMPLISH SUCH PURPOSES AND TO UNDERTAKE SUCH OTHER CLOSELY RELATED ACITIVITIES AS THE BOARD OF DIRECTORS MAY DETERMINE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $391,245

Program Service Revenue $0

Investment Income $60

Other Revenue $0

TOTAL REVENUE $391,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,100

Other Expenses $462,464

TOTAL EXPENSES $462,464

Year-over-Year Comparison

	2022	2021	Change
Revenue	$391,305	$1,700,621	-0.8%
Expenses	$462,464	$728	+634.3%
Net Income	$-71,159	$1,699,893	-1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAIL GIBSON	PRESIDENT/TREASURER	1.00	Officer Director	$0	$0	$0
LINDSEY KANAGA	CLERK	1.00	Officer Director	$0	$0	$0
DANIEL PFEIFFER	DIRECTOR	1.00	Director	$0	$0	$0
IAN HALE	DIRECTOR	1.00	Director	$0	$0	$0
CORNELIA FORD	DIRECTOR	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$391,305	$462,464	$9,745,387	$-71,159
2022	$1,700,621	$728	$10,114,969	$1,699,893
2021	$2,720,468	$2,879	$5,649,217	$2,717,589
2020	$22,798	$829	$533,131	$21,969

PERFORMING ARTS BUILDING FOUNDATION INC