MICHAEL H SHERIDAN AND JUDY W SHERIDAN CENTER FOR THE ARTS FOUND (EIN 853902574) - 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

JUDY W SHERIDAN

Phone

8505280715

Tax Period

2023-01-01 to 2023-12-31

MICHAEL H SHERIDAN AND JUDY W SHERIDAN CENTER FOR THE ARTS FOUND, founded in 2020, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 83% operating margin.

Mission

THE MICHAEL H. SHERIDAN AND JUDY W. SHERIDAN CENTER FOR THE ARTS FOUNDATION, INC. WILL ESTABLISH AND MAINTAIN A PERFORMING ARTS CENTER TO BE USED BY MUSIC AND THREATRE LOVERS IN TALLAHASSEE, FLORIDA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,183

Program Service Revenue $0

Investment Income $31,140

Other Revenue $0

TOTAL REVENUE $37,323

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,000

Other Expenses $4,163

TOTAL EXPENSES $6,163

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,323	$1,076,155	-1.0%
Expenses	$6,163	$75,768	-0.9%
Net Income	$31,160	$1,000,387	-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
ANITA R FAVORS	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY MANDEL	DIRECTOR	1.00	Director	$0	$0	$0
AGNES MCMURRAY	DIRECTOR	1.00	Director	$0	$0	$0
JUDY W SHERIDAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL SHERIDAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
VIRGINIA SHERIDAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID WATSON	TREASURER	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$37,323	$6,163	$1,097,488	$31,160
2022	$1,076,155	$75,768	$1,054,411	$1,000,387

MICHAEL H SHERIDAN AND JUDY W SHERIDAN CENTER FOR THE ARTS FOUND