UNITED THEATRE EDUCATION CENTER (EIN 872656228) - 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

BARRY OKUN

Phone

4013152030

Tax Period

2023-01-01 to 2023-12-31

UNITED THEATRE EDUCATION CENTER, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $170K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO OPERATE A MUSIC SCHOOL PRIMARILY FOR SCHOOL-AGE CHILDREN, OFFERING INDIVIDUAL INSTRUCTION AND ENSEMBLE CLASSES.

🔒

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 $32,075

Program Service Revenue $138,410

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,485

Expense Breakdown

Grants Paid $6,988

Salaries & Benefits $142,795

Fundraising Expenses $0

Program Expenses $156,277

Other Expenses $55,634

TOTAL EXPENSES $205,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,485	$232,797	-0.3%
Expenses	$205,417	$131,392	+0.6%
Net Income	$-34,932	$101,405	-1.3%

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
JOSEPH MICELI	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANNETTE MOZZONI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ADRIANNE BOYNTON	SECRETARY/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	$170,485	$205,417	$123,738	$-34,932
2022	$232,797	$131,392	$111,619	$101,405

UNITED THEATRE EDUCATION CENTER