CARL CHERRY FOUNDATION (EIN 941207693) - 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

1948

Legal Domicile

Principal Officer

ROBERT REESE

Phone

8316247491

Tax Period

2024-01-01 to 2024-12-31

CARL CHERRY FOUNDATION, founded in 1948, is a small nonprofit in the Arts, Culture & Humanities sector that reported $180K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

Founded by Carmel-by-the-Sea artist Jeanne DOrge, the Carl Cherry Center for the Arts was established to help support experimental fine arts and projects in the sciences.Since its opening in 1948, the center has strived to stay true to its mission of presenting quality and diverse artistic,educational, and cultural programs in Monterey County.

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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 $76,868

Program Service Revenue $97,997

Investment Income $5,146

Other Revenue $0

TOTAL REVENUE $180,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,158

Fundraising Expenses $31,212

Program Expenses $97,547

Other Expenses $105,929

TOTAL EXPENSES $195,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,011	$194,379	-0.1%
Expenses	$195,087	$201,304	0.0%
Net Income	$-15,076	$-6,925	+1.2%

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

N/A

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
ROBERT REESE	EXECUTIVE DIRECTOR	40.00		$46,501	$0	$46,501
CATHY PRAGER	OFFICE MANAGER	40.00		$33,999	$0	$33,999
KENNETH PARKER	Director	2.00	Director	$0	$0	$0
RON BAXTER	Director	2.00	Director	$0	$0	$0
RICHARD CANNON	Director	2.00	Director	$0	$0	$0
LAURENT GABRIEL	Director	2.00	Director	$0	$0	$0
JIM DULTZ	Director	2.00	Director	$0	$0	$0
ANNE MITCHELL	Director	2.00	Director	$0	$0	$0
ROBIN MCKEE	Director	2.00	Director	$0	$0	$0
ELLEN OSBORNE	Director	2.00	Director	$0	$0	$0
KRIS SWANSON	Director	2.00	Director	$0	$0	$0
CAMILLE D'ANEVAS	Director	2.00	Director	$0	$0	$0
ARLEEN KREBS	Director	2.00	Director	$0	$0	$0
BOB WALKER	Director	2.00	Director	$0	$0	$0
BARBARA WARREN	Director	2.00	Director	$0	$0	$0
RICHARD WARREN	Director	2.00	Director	$0	$0	$0
ROBIN WINFIELD	Director	2.00	Director	$0	$0	$0
KATHY KOPP	Director	2.00	Director	$0	$0	$0
ANA SOARES	Director	2.00		$0	$0	$0
ROY MUSTELIER	Treasurer	10.00		$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	$180,011	$195,087	$430,807	$-15,076
2023	$194,379	$201,304	$444,692	$-6,925
2022	$130,309	$167,543	$449,917	$-37,234
2021	$152,650	$137,931	$499,560	$14,719
2020	$118,780	$137,192	$491,419	$-18,412
2019	$149,118	$143,248	$440,364	$5,870
2018	$144,725	$136,027	$439,711	$8,698

CARL CHERRY FOUNDATION