DIASPORA VIBE CULTURAL ARTS INCUBATOR (EIN 020546537) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

ROSEMARIE GORDON - WALLACE

Tax Period

2023-01-01 to 2023-12-31

DIASPORA VIBE CULTURAL ARTS INCUBATOR, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $669K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $576K left a modest 14% surplus.

Mission

DVCAI seeks to be the most strategic and creative Incubator network in the data and performance contemporary art world. DVCAI offers a space for cultural dialog and critical thinking through art beyond the Caribbean region. We embrace art from the Mid Atlantic spanning to Bermuda

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $668,569

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $668,569

Expense Breakdown

Grants Paid $211,125

Salaries & Benefits $0

Fundraising Expenses $21,250

Program Expenses $477,840

Other Expenses $343,417

TOTAL EXPENSES $575,792

Year-over-Year Comparison

	2023	2022	Change
Revenue	$668,569	$500,664	+0.3%
Expenses	$575,792	$796,788	-0.3%
Net Income	$92,777	$-296,124	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIA LARMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
TANIA DESDUNES	Assistant Director	40.00	Director	$0	$0	$0
MARLON HILL	BOARD MEMBER	5.00	Director	$0	$0	$0
ISIAH LINDSAY	BOARD MEMBER	8.00	Director	$0	$0	$0
ANITA MCGRUDER	BOARD MEMBER	5.00	Director	$0	$0	$0
KIM DIEHL	BOARD MEMBER	5.00	Director	$0	$0	$0
ROY WALLACE	BOARD MEMBER	8.00	Director	$0	$0	$0
GORDON MYERS	BOARD MEMBER	5.00	Director	$0	$0	$0
VASHTIE FULLER	TREASURER	5.00	Officer Director	$0	$0	$0
ANDREA ORANE	CHAIRMAN OF THE BOARD	15.00	Officer	$0	$0	$0
ROSEMARIE GORDON - WALLACE	PRESIDENT	40.00	Officer Highest	$0	$0	$0
JENNIFER GARCON	SECRETARY	8.00	Officer	$0	$0	$0
HADASSAH ST HUBERT	VICE CHAIR	8.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$668,569	$575,792	$235,290	$92,777
2022	$574,921	$561,076	$419,212	$13,845
2021	$853,184	$505,101	$458,000	$348,083
2020	$514,160	$511,037	$57,284	$3,123
2019	$252,621	$282,592	$79,973	$-29,971
2018	$388,682	$223,916	$283,801	$164,766

DIASPORA VIBE CULTURAL ARTS INCUBATOR