STATE THEATRE FOR THE ARTS (EIN 912010459) - 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

1997

Legal Domicile

Principal Officer

JOAN ALLEN

Phone

5305292787

Tax Period

2024-01-01 to 2024-12-31

STATE THEATRE FOR THE ARTS, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $449K in total revenue in fiscal year 2024. Expenses of $408K left a modest 9% surplus.

Mission

TO PROVIDE ARTS AND ENTERTAINMENT FOR THE LOCAL COMMUNITY

🔒

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 $196,886

Program Service Revenue $192,092

Investment Income $27,838

Other Revenue $31,775

TOTAL REVENUE $448,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $407,777

Other Expenses $407,777

TOTAL EXPENSES $407,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$448,591	$420,314	+0.1%
Expenses	$407,777	$425,873	0.0%
Net Income	$40,814	$-5,559	-8.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN BORROR	PRESIDENT	20.00	Director	$0	$0	$0
JOE VINE	VICE PRESIDENT	5.00	Director	$0	$0	$0
JOANNE BICKLEY	SECRETARY	10.00	Director	$0	$0	$0
WES COMBES	VICE PRESIDENT	10.00	Director	$0	$0	$0
JOAN ALLEN	TREASURER	10.00	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
2025	No data	No data	No data	No data
2024	$448,591	$407,777	$1,783,243	$40,814
2023	$420,314	$425,873	$1,729,590	$-5,559
2022	$537,877	$454,345	$1,734,379	$83,532
2021	$331,967	$277,913	$1,671,804	$54,054
2020	$235,246	$227,851	$1,612,350	$7,395
2019	$394,495	$415,319	$1,610,759	$-20,824
2018	$580,445	$524,878	$1,617,433	$55,567

STATE THEATRE FOR THE ARTS