Triangle Arts Association Limited

EIN: 133209637 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$221,196
Total Expenses
$189,856
Total Assets
$269,254
Net Assets
$268,621
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
ALUN WILLIAMS
Phone
7188581260
Tax Period
2024-09-01 to 2025-08-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $134,845 Revenue: $24,741

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...

Read more

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.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,455
Program Service Revenue $24,741
Investment Income $0
Other Revenue $0
TOTAL REVENUE $221,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $132,219
Fundraising Expenses $29,609
Program Expenses $134,845
Other Expenses $57,637
TOTAL EXPENSES $189,856

Year-over-Year Comparison

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%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
5

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
4
$78,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Triangle Arts Association Limited with other nonprofits in New York and across the country.