ARTSCONNECTION INC (EIN 132953240) - 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

1979

Legal Domicile

Principal Officer

RACHEL WATTS

Phone

2123027433

Tax Period

2024-09-01 to 2025-08-31

ARTSCONNECTION INC, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.9M left a modest 4% surplus.

Mission

THE ORGANIZATION'S PURPOSE IS TO INITIATE AND ADMINISTER PROGRAMS LINKING THE RESOURCES OF PROFESSIONAL ARTS ORGANIZATIONS WITH INNER-CITY COMMUNITIES IN NYC.

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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 $2,577,463

Program Service Revenue $1,422,469

Investment Income $0

Other Revenue $4,219

TOTAL REVENUE $4,004,151

Expense Breakdown

Grants Paid $55,541

Salaries & Benefits $2,764,955

Fundraising Expenses $513,377

Program Expenses $2,933,695

Other Expenses $1,029,811

TOTAL EXPENSES $3,850,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,004,151	$3,574,649	+0.1%
Expenses	$3,850,307	$4,215,784	-0.1%
Net Income	$153,844	$-641,135	-1.2%

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

132

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

$306,954

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBRA PELTZ	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBERT A PRUZAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
THEODORE S BERGER	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT W DOWNES	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA LEROY JANKLOW	FOUNDING CHAIRMAN	1.00	Director	$0	$0	$0
LISA PLEPLER	CHAIRMAN EMERITUS	1.00	Director	$0	$0	$0
LAURIE COMBO	EX OFFICIO	1.00	Director	$0	$0	$0
PATRICIA MORRIS CAREY	BOARD MEMBER	1.00	Director	$0	$0	$0
ADA CINIGLIO	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY FORD	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA FRIEDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCELLA GIFT	BOARD MEMBER	1.00	Director	$0	$0	$0
YASHVARDHAN JAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSS JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNNE S KATZMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLINE KIM	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MONN	BOARD MEMBER	1.00	Director	$0	$0	$0
NDUKA NWANKWO	BOARD MEMBER	1.00	Director	$0	$0	$0
OMAR PEREZ	BOARD MEMBER	1.00	Director	$0	$0	$0
IRIS LIOR POSTERNACK	BOARD MEMBER	1.00	Director	$0	$0	$0
LOUISE HARTWELL WHITE	BOARD MEMBER	1.00	Director	$0	$0	$0
ALICE WONG	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL WATTS	EXECUTIVE DIRECTOR	35.00	Officer	$174,737	$9,474	$184,211
EDISSON MARMOLEJO	SENIOR DIRECTOR FOR FINANCE	35.00	Officer	$113,930	$8,813	$122,743
KEITH KAMINSKI	DEP DIR PLANNING AND OPS	35.00	Highest	$101,828	$14,777	$116,605

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	$4,004,151	$3,850,307	$1,623,901	$153,844
2024	$3,574,649	$4,215,784	$1,698,559	$-641,135
2023	$5,209,422	$5,050,070	$1,793,003	$159,352
2023	$5,237,827	$5,074,321	$2,459,487	$163,506
2022	$4,435,717	$4,600,867	$1,977,550	$-165,150
2022	$4,436,089	$4,685,445	$2,112,417	$-249,356
2021	$4,972,330	$4,025,766	$2,703,336	$946,564
2021	$5,165,768	$4,049,257	$2,995,896	$1,116,511
2020	$4,826,526	$4,448,401	$1,944,840	$378,125
2020	$4,379,375	$4,487,314	$1,777,338	$-107,939
2019	$6,811,718	$5,268,870	$3,258,640	$1,542,848
2019	$5,046,399	$5,312,019	$1,572,813	$-265,620
2018	$5,196,905	$5,483,870	$2,157,759	$-286,965
2018	$4,641,100	$5,491,840	$1,597,377	$-850,740

ARTSCONNECTION INC