SKYLIGHT THEATRE COMPANY (EIN 954007314) - 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

1985

Legal Domicile

Principal Officer

GARY GROSSMAN

Phone

2137617061

Tax Period

2024-01-01 to 2024-12-31

SKYLIGHT THEATRE COMPANY, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $405K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $481K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE MISSION IS TO PROMOTE INTEREST IN THE ARTS THROUGH THE PRESENTATION OF THEATRICAL PERFORMANCES.

🔒

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 $273,113

Program Service Revenue $16,191

Investment Income $1,909

Other Revenue $114,103

TOTAL REVENUE $405,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,557

Fundraising Expenses $63,132

Program Expenses $355,927

Other Expenses $301,231

TOTAL EXPENSES $480,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,316	$544,706	-0.3%
Expenses	$480,788	$841,082	-0.4%
Net Income	$-75,472	$-296,376	-0.7%

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

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

$116,251

Total Directors

$21,251

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY GROSSMAN	PRODUCING ARTISTIC DIRECTOR	40.00	Officer Director	$21,251	$0	$21,251
GREG GOETHALS SJ	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DALE RAOUL	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM SLOCUM	TREASURER	1.00	Officer Director	$0	$0	$0
TONY ABATEMARCO	DIRECTOR	1.00	Director	$0	$0	$0
BRADFORD BANCROFT	DIRECTOR	1.00	Director	$0	$0	$0
WENDY KOUT	DIRECTOR	1.00	Director	$0	$0	$0
JEFF RENO	DIRECTOR	1.00	Director	$0	$0	$0
LEE SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
ARMANDO HUIPE	EXECUTIVE DIRECTOR	40.00	Officer	$85,000	$0	$85,000
SANDRA GROSSMAN	MANAGING DIRECTOR (THRU 05/2024)	25.00	Officer	$10,000	$0	$10,000

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	$405,316	$480,788	$146,032	$-75,472
2023	$544,706	$841,082	$193,997	$-296,376
2022	$615,338	$599,511	$509,304	$15,827
2021	$457,288	$365,825	$495,412	$91,463
2020	$489,453	$379,696	$425,348	$109,757
2019	$803,451	$706,629	$180,685	$96,822
2018	$232,600	$228,601	$82,079	$3,999

SKYLIGHT THEATRE COMPANY