The Parlor Room (EIN 932237940) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

Christopher Freeman

Phone

8609044436

Tax Period

2024-01-01 to 2024-12-31

The Parlor Room, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 238% from the prior year, signaling strong growth momentum.

Mission

To provide an artist-forward venue that hosts exceptional shows in an up-close listening environment and to be a safe space for artists and patrons of all races and genders where all are treated with dignity and respect.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $722,468

Program Service Revenue $1,232,057

Investment Income $74

Other Revenue $206,317

TOTAL REVENUE $2,160,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $701,613

Fundraising Expenses $132,783

Program Expenses $1,869,490

Other Expenses $1,402,298

TOTAL EXPENSES $2,103,911

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,160,916	$638,751	+2.4%
Expenses	$2,103,911	$402,241	+4.2%
Net Income	$57,005	$236,510	-0.8%

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

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

$58,162

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Freeman	Executive Director	1.00	Director	$58,162	$0	$58,162
Randy Krotowski	President	1.00	Officer Director	$0	$0	$0
David Meininger	Treasurer	1.00	Officer Director	$0	$0	$0
Kimaya Diggs	Director	1.00	Director	$0	$0	$0
Ruthie Oland	Director	1.00	Director	$0	$0	$0
Harris Paseltiner	Director	1.00	Director	$0	$0	$0
Karen Sise	Director	1.00	Director	$0	$0	$0
Dennis Bidwell	Director	1.00	Director	$0	$0	$0
Suzanne Beck	Director	1.00	Director	$0	$0	$0
Mark Sullivan	Director	1.00	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	$2,160,916	$2,103,911	$1,949,489	$57,005
2023	$638,751	$402,241	$700,947	$236,510

The Parlor Room