AArts, Culture & HumanitiesEIN: 061048713· Ruling Year: 1981

Northwest Connecticut Association For The Arts Inc

Torrington, Connecticut

A-Health Score
81A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.88×
Peer Median210.95×
💰
$3.3M
Total Revenue
📊
$4.2M
Total Expenses
🏦
$7.9M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.9%
Year-over-year change (2022 → 2023)
Net Margin
-26.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.88
Net assets divided by total expenses
Liabilities-to-Assets
21.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,294,19613%$4,177,60523%$10,057,3938%
2022$3,781,13496%$3,397,852142%$10,878,3597%
2021$1,925,65923%$1,406,47944%$10,165,0945%
2020$2,512,20315%$2,533,77926%$9,690,3496%
2019$2,966,6364%$3,411,232$9,110,7256%
2018$2,854,5412%$3,414,225$9,652,6276%
2017$2,906,176$3,428,0221%$10,235,2556%
2016$2,896,3187%$3,405,6244%$10,880,0822%
2015$2,700,62214%$3,561,1763%$11,151,6728%
2014$3,128,44515%$3,689,37615%$12,172,6535%
2013$3,675,79610%$4,321,2752%$12,752,5862%
2012$3,346,98319%$4,394,6152%$13,019,3878%
2011$4,139,247$4,500,382$14,075,032

Frequently Asked Questions

What does Northwest Connecticut Association For The Arts Inc do?

Northwest Connecticut Association For The Arts Inc is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwest Connecticut Association For The Arts Inc financially healthy?

Based on our 9-metric Financial Health Score model, Northwest Connecticut Association For The Arts Inc has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Northwest Connecticut Association For The Arts Inc generate?

Northwest Connecticut Association For The Arts Inc reports $3.6M in annual revenue and holds $9.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Connecticut.