AArts, Culture & HumanitiesEIN: 237396180· Ruling Year: 1975

Nutmeg Conservatory For The Arts

Torrington, Connecticut

A-Health Score
78A-

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 Org4.77×
Peer Median210.95×
💰
$2.4M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$10.6M
Net Assets
📋
$684K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.1%
Year-over-year change (2023 → 2024)
Net Margin
+5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.77
Net assets divided by total expenses
Liabilities-to-Assets
6.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,359,1473%$2,224,2616%$11,282,499
2023$2,287,1412%$2,097,7355%$11,296,4655%
2022$2,334,4672%$1,988,69316%$10,765,3072%
2021$2,280,7592%$1,718,46022%$10,547,8569%
2020$2,331,1173%$2,203,9123%$9,637,3961%
2019$2,266,4181%$2,280,9898%$9,551,9151%
2018$2,288,0122%$2,106,0071%$9,432,8871%
2017$2,343,1797%$2,078,4269%$9,540,7064%
2016$2,515,85627%$2,286,678$9,185,8572%
2015$1,981,06917%$2,275,33011%$9,344,2804%
2014$1,686,3268%$2,054,5885%$9,713,7642%
2013$1,832,23211%$1,963,1545%$9,552,8402%
2012$1,654,5965%$2,061,3291%$9,795,8641%
2011$1,747,317$2,045,809$9,853,489

Frequently Asked Questions

What does Nutmeg Conservatory For The Arts do?

Nutmeg Conservatory For The Arts is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A6E0 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nutmeg Conservatory For The Arts financially healthy?

Based on our 9-metric Financial Health Score model, Nutmeg Conservatory For The Arts has a score of 78/100 (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 Nutmeg Conservatory For The Arts generate?

Nutmeg Conservatory For The Arts reports $2.5M in annual revenue and holds $11.5M in total assets, based on IRS filings.

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Nutmeg Conservatory For The Arts — Torrington, CT | GiveScope