Northwest Connecticut Arts Council Inc
Torrington, Connecticut
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$258K
Total Revenue
📊
$246K
Total Expenses
🏦
$202K
Net Assets
📋
$22K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-41.9%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $257,836↓42% | $246,085↓34% | $224,423↓33% | — |
| 2022 | $443,919↑91% | $374,514↑171% | $334,693↑116% | — |
| 2021 | $231,977↑60% | $137,961↓1% | $154,781↑125% | — |
| 2020 | $144,631↓20% | $139,993↓18% | $68,760↑76% | — |
| 2019 | $180,350↑5% | $170,596↓3% | $39,031↓19% | — |
| 2018 | $171,914↓10% | $176,113↓17% | $48,244↑20% | — |
| 2017 | $190,658↓19% | $211,293↓13% | $40,215↓43% | — |
| 2016 | $234,454↓24% | $243,658↓18% | $70,381↓21% | — |
| 2015 | $309,690↑8% | $296,995↑25% | $88,951↑19% | — |
| 2014 | $287,096↑74% | $237,132↑50% | $74,939↑112% | — |
| 2013 | $164,618↑1% | $157,723 | $35,292↑83% | — |
| 2012 | $163,149↑79% | $156,961↑55% | $19,261↑39% | — |
| 2011 | $91,062 | $101,517 | $13,809 | — |
Frequently Asked Questions
What does Northwest Connecticut Arts Council Inc do?▼
Northwest Connecticut Arts Council Inc is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwest Connecticut Arts Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northwest Connecticut Arts Council Inc.
How much revenue does Northwest Connecticut Arts Council Inc generate?▼
Northwest Connecticut Arts Council Inc reports $192K in annual revenue and holds $184K in total assets, based on IRS filings.
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