ART LEAGUE OF LONG ISLAND (EIN 112491813) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

MARIANNE DELLA CROCE

Phone

6314625400

Tax Period

2023-09-01 to 2024-08-31

ART LEAGUE OF LONG ISLAND, founded in 1963, is a small nonprofit in the Arts, Culture & Humanities sector that reported $762K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 35% operating deficit.

Mission

DEDICATED TO PROVIDING VISUAL ARTS EDUCATION TO THE LONG ISLAND COMMUNITY. WE PROVIDE YEAR ROUND ACTIVITIES INCLUDING CLASSES, WORKSHOPS, EXHIBITIONS, SPECIAL EVENTS AND COMMUNITY OUTREACH CLASSES. PROVIDE A FORUM AND SHOWCASE FOR ARTISTS OF ALL AGES AND ABILITIES INCLUDING CHALLENGED TEENS AND THE ELDERLY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $140,812

Program Service Revenue $568,463

Investment Income $42,206

Other Revenue $10,345

TOTAL REVENUE $761,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $520,108

Fundraising Expenses $120,844

Program Expenses $729,721

Other Expenses $510,352

TOTAL EXPENSES $1,030,460

Year-over-Year Comparison

	2023	2022	Change
Revenue	$761,826	$1,217,974	-0.4%
Expenses	$1,030,460	$1,106,276	-0.1%
Net Income	$-268,634	$111,698	-3.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$92,171

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANETTE SIMMS	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN C ARMENTANO ESQ	TREASURER	1.00	Officer Director	$0	$0	$0
ANDREA MATTERA CPA	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHLEEN GURCHIE	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA CLEMENTE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA MISKO	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL MCBRIDE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIANNE DELLA CROCE	EXECUTIVE DIRECTOR	40.00	Officer	$92,171	$0	$92,171

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	$761,826	$1,030,460	$3,115,917	$-268,634
2023	$1,217,974	$1,106,276	$3,080,500	$111,698
2022	$919,830	$897,836	$2,997,911	$21,994
2021	$605,171	$620,848	$3,202,694	$-15,677
2020	$648,305	$941,720	$3,198,013	$-293,415
2019	$1,398,140	$1,334,159	$3,037,816	$63,981
2018	$1,277,832	$1,252,289	$2,957,388	$25,543

ART LEAGUE OF LONG ISLAND