VAN ALEN INSTITUTE PROJECTS IN PUB… - Form 990 Financial Data

🔒

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

1916

Legal Domicile

Principal Officer

R MAY LEE

Phone

2129247000

Tax Period

2023-01-01 to 2023-12-31

VAN ALEN INSTITUTE PROJECTS IN PUBLIC ARCHITECTURE, founded in 1916, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 74% operating deficit.

Mission

VAN ALEN INSTITUTE HELPS CREATE EQUITABLE CITIES THROUGH COMMUNITY-LED INCLUSIVE DESIGN.

Program Service Accomplishments

Program 1

Expenses: $1,901,708

THE VAN ALEN PROGRAM SOLVES FOR THE POWER IMBALANCE PREVENTING PEOPLE FROM SHAPING THEIR OWN COMMUNITIES BY FORMING PARTNERSHIPS BETWEEN RESIDENTS AND DESIGNERS, CO-CREATING WORKSHOPS AND BUILT...

THE VAN ALEN PROGRAM SOLVES FOR THE POWER IMBALANCE PREVENTING PEOPLE FROM SHAPING THEIR OWN COMMUNITIES BY FORMING PARTNERSHIPS BETWEEN RESIDENTS AND DESIGNERS, CO-CREATING WORKSHOPS AND BUILT PROJECTS THAT MEET NEIGHBORHOODS SPECIFIC NEEDS, AND EQUIPPING RESIDENTS WITH TOOLS AND SKILLS TO LEAD MORE CHANGE IN THEIR COMMUNITIES. IN 2023, THE VAN ALEN PROGRAM INCLUDED INITIATIVES SUCH AS NEIGHBORHOODS NOW, LUCID PROJECT, GOWANUS ACTION,- AND "PUBLIC REALM R&D."

🔒

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 $601,204

Program Service Revenue $0

Investment Income $788,127

Other Revenue $43,210

TOTAL REVENUE $1,432,541

Expense Breakdown

Grants Paid $146,405

Salaries & Benefits $1,277,968

Fundraising Expenses $263,165

Program Expenses $1,901,708

Other Expenses $1,065,878

TOTAL EXPENSES $2,490,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,432,541	$1,701,670	-0.2%
Expenses	$2,490,251	$2,974,777	-0.2%
Net Income	$-1,057,710	$-1,273,107	-0.2%

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

$304,335

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH MARTON	EXECUTIVE DI	40.00	Officer	$285,052	$19,283	$304,335
KATHLEEN E OVERBECK	DIRECTOR OF	40.00	Highest	$126,888	$12,368	$139,256
R MAY LEE	CHAIR	2.00	Officer Director	$0	$0	$0
CARLA SWICKERATH	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KIA WEATHERSPOON	SECRETARY	2.00	Officer Director	$0	$0	$0
JENNIFER L GUSTETIC	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL BEDNARK	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT BERNSTEIN	TRUSTEE	2.00	Director	$0	$0	$0
MARK GARDNER	TRUSTEE	2.00	Director	$0	$0	$0
MARK JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
CASEY JONES	TRUSTEE	2.00	Director	$0	$0	$0
LATOYA NELSON KAMDANG	TRUSTEE	2.00	Director	$0	$0	$0
HANA KASSEM	TRUSTEE	2.00	Director	$0	$0	$0
SANDY LEE THRU 923	TRUSTEE	2.00	Director	$0	$0	$0
NNENNA LYNCH	TRUSTEE	2.00	Director	$0	$0	$0
DANIEL MALDONADO	TRUSTEE	2.00	Director	$0	$0	$0
MITCH MCEWEN	TRUSTEE	2.00	Director	$0	$0	$0
CARLOS MENCHACA	TRUSTEE	2.00	Director	$0	$0	$0
RAYMOND QUINN	TRUSTEE	2.00	Director	$0	$0	$0
CAROL E ROSENTHAL	TRUSTEE	2.00	Director	$0	$0	$0
KATIE SWENSON	TRUSTEE	2.00	Director	$0	$0	$0
ALLISON FREEDMAN WEISBERG	TRUSTEE	2.00	Director	$0	$0	$0
CLAIRE WEISZ	TRUSTEE	2.00	Director	$0	$0	$0
THOMAS YU	TRUSTEE	2.00	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
2024	No data	No data	No data	No data
2023	$1,432,541	$2,490,251	$39,887,285	$-1,057,710
2022	$1,701,670	$2,974,777	$37,604,094	$-1,273,107
2021	$3,072,994	$2,670,369	$44,490,814	$402,625
2020	$2,512,175	$2,476,161	$42,107,811	$36,014
2019	$1,788,331	$2,730,630	$34,403,083	$-942,299
2018	$30,324,174	$2,345,777	$34,765,162	$27,978,397
2017	$2,441,608	$2,213,178	$7,264,896	$228,430

VAN ALEN INSTITUTE PROJECTS IN PUBLIC ARCHITECTURE