MASONIC ARTS THEATRE&INNOVATION CO

EIN: 851050440 501(c)(3)

MARQUETTE, MI

Total Revenue
$2,904
Total Expenses
$30,366
Total Assets
N/A
Net Assets
N/A
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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
Principal Officer
RYAN ENGLE
Phone
9062251157
Tax Period
2024-01-01 to 2024-12-31

MASONIC ARTS THEATRE&INNOVATION CO, founded in 2020, is a micro nonprofit that reported $3K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 946% operating deficit.

Mission

PROVIDE THE COMMUNITY WITH A CREATIVE, COLLABORATIVE HUB TO SHARE THEIR VISION WITH THE PUBLIC AND PROMOTE INNOVATION THROUGH ALL ART MEDIUMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,885
Investment Income $19
Other Revenue $0
TOTAL REVENUE $2,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,366
Other Expenses $30,366
TOTAL EXPENSES $30,366

Year-over-Year Comparison

2024 2023 Change
Revenue $2,904 $87,409 -1.0%
Expenses $30,366 $93,125 -0.7%
Net Income $-27,462 $-5,716 +3.8%
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
5
Independent Members
5
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE KRONBERG TRUSTEE N/A
Director
$0 $0 $0
TRISTAN LOUMA TRUSTEE N/A
Director
$0 $0 $0
KIM HEGMEGEE PRESIDENT N/A
Officer
$0 $0 $0
NICHOLAS STEFFEY TREASURER N/A
Officer
$0 $0 $0
NHEENA WEYERITTNER SECRETARY N/A
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 $2,904 $30,366 No data $-27,462
2023 $87,409 $93,125 $27,462 $-5,716
2022 $178,911 $178,746 $33,739 $165
2021 $69,572 $37,186 $33,060 $32,386
2020 $3,232 $2,605 $627 $627
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