Stratford Art Works Inc

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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

1996

Legal Domicile

Principal Officer

Herb Stratford

Phone

5206281990

Tax Period

2024-01-01 to 2024-12-31

Stratford Art Works Inc, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $515K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

Stratford Art Works creates, fosters, supports and manages events, activities and cultural programs that connect the arts with audiences.

Program Service Accomplishments

Program 1

Expenses: $337,087 Revenue: $337,087

Serves as historical consultant for Pima County, overseeing the restoration of an historic theater in Tucson AZ

Program 2

Expenses: $216,742 Revenue: $107,392

SUPPORT OF THE ARTS. HOSTS Film Fest Tucson - a destination film festival for filmmakers, audiences and the community in Southern Arizona.

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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 (2024)

Revenue Breakdown

Contributions & Grants $340,087

Program Service Revenue $173,142

Investment Income $2,107

Other Revenue $0

TOTAL REVENUE $515,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,856

Fundraising Expenses $0

Program Expenses $553,829

Other Expenses $476,666

TOTAL EXPENSES $557,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,336	$587,457	-0.1%
Expenses	$557,522	$609,452	-0.1%
Net Income	$-42,186	$-21,995	+0.9%

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

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

$75,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Herbert R Stratford IV	President	40.00	Officer	$75,000	$0	$75,000
Marian Hannon	Director	1.00	Director	$0	$0	$0
Demion Clinco	Director	0.00	Director	$0	$0	$0
Jennifer Jenkins	Director	0.00	Director	$0	$0	$0
Kerry Stratford	Secretary	2.00	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
2025	No data	No data	No data	No data
2024	$515,336	$557,522	$500,466	$-42,186
2023	$587,457	$609,452	$460,009	$-21,995
2022	$244,873	$185,028	$526,858	$59,845