Whippoorwill Arts Inc (EIN 870962408) - 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

2021

Legal Domicile

Principal Officer

Hilary Perkins

Tax Period

2024-01-01 to 2024-12-31

Whippoorwill Arts Inc, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $423K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $396K left a modest 6% surplus.

Mission

Whippoorwill Arts is on a mission to provide opportunities for roots musicians and artists to thrive and nurture their creativity with a focus on live performances, collaboration, fair wages, equity, and social justice.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $411,320

Program Service Revenue $11,742

Investment Income $2

Other Revenue $0

TOTAL REVENUE $423,064

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $81,400

Fundraising Expenses $9,328

Program Expenses $341,936

Other Expenses $289,570

TOTAL EXPENSES $395,970

Year-over-Year Comparison

	2024	2023	Change
Revenue	$423,064	$459,482	-0.1%
Expenses	$395,970	$456,161	-0.1%
Net Income	$27,094	$3,321	+7.2%

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

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
Jacquelyn Marushka	Board Member	2.00	Director	$0	$0	$0
Kin Folkz	Board Member	2.00	Director	$0	$0	$0
Hilary Perkins	Board Chair	8.00	Officer	$0	$0	$0
Jim Nunally	Treasurer	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	$423,064	$395,970	$54,237	$27,094
2022	$505,565	$459,424	$81,434	$46,141
2021	$239,134	$204,773	$35,642	$34,361

Whippoorwill Arts Inc