THE ART CONNECTION INC

EIN: 043289544 501(c)(3)

BOSTON, MA

Total Revenue
$236,266
Total Expenses
$344,426
Total Assets
N/A
Net Assets
N/A
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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
MA
Principal Officer
JEANNE DASARO
Phone
6173387668
Tax Period
2019-07-01 to 2020-06-30

THE ART CONNECTION INC, founded in 1995, is a small nonprofit that reported $236K in total revenue in fiscal year 2019. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $344K exceeded revenue, resulting in a 46% operating deficit.

Mission

PLACE DONATED ART IN COMMUNITY NONPROFIT SETTINGS.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $236,266
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,266

Expense Breakdown

Grants Paid $16,679
Salaries & Benefits $268,579
Fundraising Expenses $31,457
Program Expenses $159,823
Other Expenses $59,168
TOTAL EXPENSES $344,426

Year-over-Year Comparison

2019 2018 Change
Revenue $236,266 $202,000 +0.2%
Expenses $344,426 $254,850 +0.4%
Net Income $-108,160 $-52,850 +1.0%
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

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Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
N/A

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETSY BOVEROUX ASST CLERK 001.00
Officer Director
$0 $0 $0
DAVID GREENBERG TREASURER 001.00
Officer Director
$0 $0 $0
MERCEDES SHERROD EVANS DIRECTOR 001.00
Director
$0 $0 $0
R HILLIARD EBLING DIRECTOR 001.00
Director
$0 $0 $0
ILDIKO SZABO DIRECTOR 001.00
Director
$0 $0 $0
MICHAEL ROUSSEAU CHAIR 001.00
Officer Director
$0 $0 $0
MAGALI MAIZA DIRECTOR 001.00
Director
$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
2020 $236,266 $344,426 No data $-108,160
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