THE VAN WERT AREA PERFORMING ARTS FOUNDATION (EIN 870753478) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

JARIN HART

Phone

4192386722

Tax Period

2023-01-01 to 2023-12-31

THE VAN WERT AREA PERFORMING ARTS FOUNDATION, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

ADVANCE THE PURPOSES OF THE VAN WERT COUNTY FOUNDATION BY STIMULATING THE COMMUNITY INTEREST IN THE PERFORMING ARTS BY SPONSORING PUBLIC PERFORMANCES OF CONCERTS, DANCE, THEATER, AND PUBLIC SCHOOL PERFORMING ARTS PROGRAMS AND OTHER SIMILAR PROGRAMS IN VAN WERT COUNTY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $547,382

Program Service Revenue $1,028,282

Investment Income $2,402

Other Revenue $41,557

TOTAL REVENUE $1,619,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $339,895

Fundraising Expenses $0

Program Expenses $1,575,711

Other Expenses $1,438,104

TOTAL EXPENSES $1,777,999

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,619,623	$1,761,788	-0.1%
Expenses	$1,777,999	$1,818,295	0.0%
Net Income	$-158,376	$-56,507	+1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

170

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

$126,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR KEVIN LAING	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
GARY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
EVA YARGER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARK BAGLEY	DIRECTOR	1.00	Director	$0	$0	$0
GREG BLACKMORE	DIRECTOR	1.00	Director	$0	$0	$0
BILL CLIFTON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG GROOMS	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TROY BOWERSOCK	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA SHARMA	DIRECTOR	1.00	Director	$0	$0	$0
MARY POPE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SLUSHER	DIRECTOR	1.00	Director	$0	$0	$0
TAFANI STOBER	EXECUTIVE DIRECTOR	40.00	Officer	$0	$16,624	$90,841
MICHAEL HOLLIDAY	CFO, VAN WERT COMMUNITY FOUNDATION	1.00	Officer	$0	$942	$35,942

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	$1,619,623	$1,777,999	$1,470,914	$-158,376
2022	$1,761,788	$1,818,295	$1,449,872	$-56,507
2021	$1,584,761	$942,975	$1,537,590	$641,786
2020	$1,019,129	$645,424	$895,987	$373,705
2019	$1,620,247	$1,628,863	$810,869	$-8,616
2018	$1,524,023	$1,413,489	$575,108	$110,534

THE VAN WERT AREA PERFORMING ARTS FOUNDATION