THE ARTS CENTER ENDOWMENT (EIN 931331912) - 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

2002

Legal Domicile

Principal Officer

THERESE MISNER

Phone

5417541551

Tax Period

2022-07-01 to 2023-06-06

THE ARTS CENTER ENDOWMENT, founded in 2002, is a micro nonprofit that reported $21K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $595K exceeded revenue, resulting in a 2697% operating deficit.

Mission

THE ARTS CENTER ENDOWMENT, INC IS A SUPPORTING ORGANIZATION CREATED TO BENEFIT THE CORVALLIS ARTS CENTER. THE CORVALLIS ARTS CENTER PROMOTES AND ENCOURAGES CREATIVE EFFORTS IN THE ARTS, FOSTERS APPRECIATION OF THE ARTS, COOPERATES WITH OTHER ORGANIZATIONS, AGENCIES, AND INDIVIDUALS OF SIMILAR CULTURAL AND EDUCATIONAL INTERESTS IN THE COMMUNITY, AND ACTS AS A NONPROFIT ORGANIZATION.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $45,315

Program Service Revenue $0

Investment Income $-24,035

Other Revenue $0

TOTAL REVENUE $21,280

Expense Breakdown

Grants Paid $588,599

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $588,599

Other Expenses $6,540

TOTAL EXPENSES $595,139

Year-over-Year Comparison

	2022	2021	Change
Revenue	$21,280	$88,839	-0.8%
Expenses	$595,139	$44,911	+12.3%
Net Income	$-573,859	$43,928	-14.1%

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

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
THOMAS STEELE	PRESIDENT	2.40	Officer Director	$0	$0	$0
THERESE MISNER	TREASURER	1.85	Officer Director	$0	$0	$0
MORGAN DANIELS	SECRETARY	0.69	Officer Director	$0	$0	$0
DAVID GOODRUM	DIRECTOR	0.69	Director	$0	$0	$0
DR DEBORAH JOHN	DIRECTOR	0.69	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
2023	$21,280	$595,139	No data	$-573,859
2022	$88,839	$44,911	$530,189	$43,928
2021	$106,232	$31,693	$613,937	$74,539
2020	$125,986	$44,934	$494,309	$81,052
2019	$216,823	$53,766	$406,162	$163,057

THE ARTS CENTER ENDOWMENT