Pentangle Council on the Arts

What it reported doing in 2024

Over the past year, pentangle arts has made significant strides in revitalizing the historic woodstock town hall theatre while expanding arts programming that enriches our entire community. After 40 years, the lobby and theatre received long-awaited updates, including fresh paint, restored architectural features, and the reopening of the original theatre window for the first time in more than six decades. We also introduced a more welcoming gathering space by offering wine, beer, and locally sourced fare at events and film screenings. We extend our sincere thanks to plymouth cheese, blake hill preserves, farmhouse pottery, and simon pearce for their generous contributions.these improvements support our vision of town hall as a true community huba place to gather, connect, and celebrate the arts. Our lobby now opens one hour before shows, giving patrons an opportunity to socialize and enjoy refreshments before performances.this past season, pentangle launched Vermont after-hours, a new series designed to bring more vibrant evening programming to downtown woodstock while still getting people home before midnight. The series debuted on february 14 with a special performance by myra flynn and continues with a diverse slate of performers, including frigg (nordic folk fusion) on march 6 and cold chocolate (americana bluegrass) on april 4.town hall continues to serve as an essential resource for local organizations including zack's place, the lucy mackenzie humane society, and the Vermont mountain bike association. We are also preparing to launch exciting new initiatives, such as art in film, a collaboration with the hall art foundation; an expanded cinema club; enhanced youth education and choral opportunities; and an expanded mudstock weekend in partnership with the rotary club.we are also preparing to unveil a redesigned website to better inform, engage, and serve our audience. And as pentangle looks to the future, more than 200 community members participated in our recent survey, offering valuable insight that will help shape our vision for 2026 and beyond.

Financial Efficiency

• Mission deployment rate: 52.5%; rating input score 52
• Program expense ratio: 62.8%; rating input score 63
• Fundraising efficiency: $15.96 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 91.7%; rating input score 92; 24th percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 18.3%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 1.16; rating input score 47; 47th percentile among comparable filings
• Liabilities to assets ratio: 0.36; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 12.7%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: -3.9% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: -3.7% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 15% per year; rating input score 100; 72nd percentile among comparable filings