Friends of the MauritshuisInc

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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

1982

Legal Domicile

Principal Officer

Stein Berre

Phone

2123361556

Tax Period

2023-01-01 to 2023-12-31

Friends of the MauritshuisInc, founded in 1982, is a micro nonprofit that reported $33K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 23% operating deficit.

Mission

To support the work of the Mauritshuis To create awareness amongst the American public of the Mauritshuis and its collection To offer curatorial and conservation fellowships to American graduate students

Program Service Accomplishments

Program 1

Expenses: $25,721 Revenue: $0

The Fulbright-American Friends of the Mauritshuis Grant is awarded to provide opportunities for advanced training, research and education in the field of paintings conservation both in the...

The Fulbright-American Friends of the Mauritshuis Grant is awarded to provide opportunities for advanced training, research and education in the field of paintings conservation both in the conservation studio of the Mauritshuis and in other Dutch and European institutions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $29,099

Program Service Revenue $0

Investment Income $4,400

Other Revenue $0

TOTAL REVENUE $33,499

Expense Breakdown

Grants Paid $24,000

Salaries & Benefits $0

Fundraising Expenses $4,488

Program Expenses $25,721

Other Expenses $17,072

TOTAL EXPENSES $41,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,499	$249,953	-0.9%
Expenses	$41,072	$212,249	-0.8%
Net Income	$-7,573	$37,704	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stein Berre	President	5.00	Officer Director	$0	$0	$0
Josephine Bertrams	Director	1.00	Director	$0	$0	$0
Freddy Boom	Director	1.00	Director	$0	$0	$0
Alexandra Libby	Director	1.00	Director	$0	$0	$0
Max Rijkenberg	Treasurer	5.00	Officer Director	$0	$0	$0
Dominique Surh	Director	1.00	Director	$0	$0	$0
Stasja Krzeminski	Director	1.00	Director	$0	$0	$0
Jacquelyn Coutre	Director	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
2024	No data	No data	No data	No data
2023	$33,499	$41,072	$480,761	$-7,573
2022	$249,953	$212,249	$449,352	$37,704
2022	$253,953	$216,249	$449,352	$37,704
2021	$46,005	$69,228	$427,690	$-23,223
2020	$77,716	$16,155	$416,600	$61,561
2019	$72,331	$39,416	$346,990	$32,915
2018	$250,358	$61,792	$305,569	$188,566