AArts, Culture & HumanitiesEIN: 060942210· Ruling Year: 1991

Lyme Academy Of Fine Arts Inc

Old Lyme, Connecticut

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org6.84×
Peer Median210.95×
💰
$2.7M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$14.7M
Net Assets
📋
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+86.2%
Year-over-year change (2023 → 2024)
Net Margin
+19.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.84
Net assets divided by total expenses
Liabilities-to-Assets
11.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,660,72186%$2,155,06521%$16,596,7089%
2023$1,429,13043%$1,787,48613%$15,291,7247%
2022$2,513,940385%$1,582,63772%$14,295,8433%
2021$518,20360%$922,31114%$13,826,48713%
2020$1,286,27780%$809,90888%$12,194,87234%
2019$6,316,53810%$6,993,24913%$18,568,9783%
2018$6,982,26821%$6,202,28912%$19,185,6504%
2017$5,786,51943%$5,552,33110%$18,502,4283%
2016$4,047,4699%$5,058,74512%$18,039,3762%
2015$3,699,06434%$4,529,4932%$18,431,15445%
2014$5,639,73549%$4,458,14311%$12,746,16111%
2013$3,777,0216%$4,019,7513%$11,523,4093%
2012$3,569,54318%$3,910,62718%$11,230,2372%
2011$3,025,914$3,325,757$11,467,657

Frequently Asked Questions

What does Lyme Academy Of Fine Arts Inc do?

Lyme Academy Of Fine Arts Inc is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lyme Academy Of Fine Arts Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lyme Academy Of Fine Arts Inc has a score of 86/100 (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 Lyme Academy Of Fine Arts Inc generate?

Lyme Academy Of Fine Arts Inc reports $3.3M in annual revenue and holds $19.2M in total assets, based on IRS filings.

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