B โ€” EducationEIN: 273460511ยท Ruling Year: 2011

Connecticut Academy For The Arts

Torrington, Connecticut

B+Health Score
67B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$117K
Total Revenue
๐Ÿ“Š
$67K
Total Expenses
๐Ÿฆ
$163K
Net Assets
๐Ÿ“‹
$74K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+95.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+43.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.44
Net assets divided by total expenses
Liabilities-to-Assets
31.1%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$117,194โ†‘95%$66,765โ†‘28%$236,575โ†‘16%
2022$60,066โ†‘13%$52,027โ†‘7%$203,781โ†‘9%
2021$53,080โ†“19%$48,727โ†“4%$187,686โ†“3%
2020$65,829$50,734$193,057

Frequently Asked Questions

What does Connecticut Academy For The Arts do?โ–ผ

Connecticut Academy For The Arts is a education nonprofit organization based in Connecticut. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Connecticut Academy For The Arts financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Connecticut Academy For The Arts.

How much revenue does Connecticut Academy For The Arts generate?โ–ผ

Connecticut Academy For The Arts reports $141K in annual revenue and holds $541K in total assets, based on IRS filings.

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Connecticut Academy For The Arts โ€” Torrington, CT | GiveScope