THE HOUSE FOUNDATION FOR THE ARTS INC (EIN 132869113) - 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

1968

Legal Domicile

Principal Officer

SEVERN TAYLOR

Phone

2129041330

Tax Period

2024-07-01 to 2025-06-30

THE HOUSE FOUNDATION FOR THE ARTS INC, founded in 1968, is a small nonprofit in the Arts, Culture & Humanities sector that reported $737K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $942K exceeded revenue, resulting in a 28% operating deficit.

Mission

SEE PART III, LINE 1 ON NEXT PAGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $355,813

Program Service Revenue $315,704

Investment Income $10,442

Other Revenue $54,632

TOTAL REVENUE $736,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $571,158

Fundraising Expenses $52,539

Program Expenses $786,740

Other Expenses $370,739

TOTAL EXPENSES $941,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$736,591	$1,122,586	-0.3%
Expenses	$941,897	$863,570	+0.1%
Net Income	$-205,306	$259,016	-1.8%

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

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

$204,994

Total Directors

$93,365

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH LERNER	EXECUTIVE DIRECTOR	40.00	Officer	$102,300	$9,329	$111,629
MEREDITH MONK	ARTISTIC DIRECTOR	40.00	Officer Director	$88,000	$5,365	$93,365
SEVERN TAYLOR	PRESIDENT	3.00	Officer Director	$0	$0	$0
SWATI DESAI	TREASURER	3.00	Officer Director	$0	$0	$0
KERI CHRIST	SECRETARY	3.00	Officer Director	$0	$0	$0
SEBASTIAAN BREMER	BOARD MEMBER	1.00	Director	$0	$0	$0
ZIZI MUELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK MCNEILL	BOARD MEMBER	1.00	Director	$0	$0	$0
CORINNA DURLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
MELANIE CHARLES	BOARD MEMBER	1.00	Director	$0	$0	$0
TAJA CHEECK	BOARD MMEBER	1.00	Director	$0	$0	$0
CHIEN YUEN	BOARD MEMBER	1.00	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
2025	$736,591	$941,897	$641,932	$-205,306
2024	$1,122,586	$863,570	$854,473	$259,016
2023	$804,592	$919,504	$658,205	$-114,912
2022	$1,012,293	$861,523	$629,706	$150,770
2021	$738,942	$569,202	$537,501	$169,740
2020	$834,157	$692,442	$342,233	$141,715
2019	$646,205	$704,878	$187,787	$-58,673
2018	$937,672	$827,983	$220,852	$109,689

THE HOUSE FOUNDATION FOR THE ARTS INC