Holyoke Art Inc Holyoke Art

EIN: 932139917 501(c)(3)

Holyoke, MA

Total Revenue
$104,758
Total Expenses
$68,070
Total Assets
$36,688
Net Assets
$36,688
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MA
Principal Officer
JEFFREY BIANCHINE
Phone
4134208303
Tax Period
2023-08-18 to 2024-06-30

Holyoke Art Inc Holyoke Art, founded in 2023, is a small nonprofit that reported $105K in total revenue in fiscal year 2023. The organization ran a surplus of $37K, a strong 35% operating margin.

Mission

Enriching the cultural and creative fabric of downtown Holyoke with arts programming cultural events and creative spaces

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,739
Program Service Revenue $39,109
Investment Income $0
Other Revenue $2,910
TOTAL REVENUE $104,758

Expense Breakdown

Grants Paid $11,160
Salaries & Benefits $5,189
Fundraising Expenses $6,100
Program Expenses $45,807
Other Expenses $51,721
TOTAL EXPENSES $68,070

Year-over-Year Comparison

2023 2022 Change
Revenue $104,758 N/A N/A
Expenses $68,070 N/A N/A
Net Income $36,688 N/A N/A
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
4
Employees
2
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
6
$9,319
Total Directors
6
$9,319
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY BIANCHINE President 20.00
Officer Director
$4,871 $0 $9,001
DAVID SILVA Treasurer 1.000
Officer Director
$0 $0 $0
JENNIFER KEITT Clerk 1.000
Officer Director
$0 $0 $0
JORDAN HART Other Officer 1.000
Officer Director
$0 $0 $0
JOSE MALDONADO VELEZ Other Office 1.000
Officer Director
$0 $0 $0
KATHY MCKEAN Director 10.00
Officer Director
$318 $0 $318
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 $104,758 $68,070 $36,688 $36,688
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