BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Triangle Arts Association Limited, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $221K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $190K left a modest 14% surplus.
SUPPORTS INTERNATIONAL AND U.S. VIRTUAL ARTISTS. THE ORGANIZATIONS CORE INITIATIVES ARE: RESIDENCIES, WORKSHOPS, AND EDUCATIONAL AND PUBLIC PROGRAMS, THAT ARE CENTERED ON DIALOGUE, EXPERIMENTATION AND THE CREATION OF COMMUNITY AROUND ART.
DUMBO ARTIST RESIDENCY - Triangle offers spacious studios and a dynamic artistic community to support the development of ambitious projects with emphasis on dialogue and experimentation. Triangles...
DUMBO ARTIST RESIDENCY - Triangle offers spacious studios and a dynamic artistic community to support the development of ambitious projects with emphasis on dialogue and experimentation. Triangles founding concept and current programs de-emphasize professionalization and specific outcomes, instead allowing artists generous space, context and community within which to focus on their ideas and process. Beyond workspace, regular gatherings, public events, open studios, and visits from curators are organized. Administrative and peer support is provided for all participating artists. Triangle residencies are awarded via our open call.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $221,196 | $201,266 | +0.1% |
| Expenses | $189,856 | $196,782 | 0.0% |
| Net Income | $31,340 | $4,484 | +6.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NOVA BENWAY | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$78,000 | $0 | $78,000 |
| ALUN WILLIAMS | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN WILKIN | TREASURER ; SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANG KONG | BOARD MEMBER (JOINED MAY 2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH HESKIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HUGH DUTHIE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MATTHEWS-NOVELLI | BOARD MEMBER (LEFT JULY 2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER RILEY | CHAIR (LEFT MAY 2025) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLER ROBINSON | BOARD MEMBER (LEFT DECEMBER 2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA ASHWORTH | BOARD MEMBER (JOINED OCTOBER 2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN CHEN | BOARD MEMBER (JOINED OCTOBER 2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $221,196 | $189,856 | $269,254 | $31,340 |
| 2024 | $201,266 | $196,782 | $237,928 | $4,484 |
| 2023 | $180,307 | $193,223 | $235,996 | $-12,916 |
| 2022 | $209,354 | $169,620 | $249,664 | $39,734 |
| 2021 | $234,433 | $135,666 | $223,822 | $98,767 |
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