DOING ART TOGETHER INC

EIN: 133363579 501(c)(3) Education

New York, NY

Total Revenue
$200,590
Total Expenses
$278,402
Total Assets
$240,266
Net Assets
$209,064
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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
1985
Legal Domicile
NY
Principal Officer
ELECTRA ASKITOPOULOS-FRIEDMAN
Phone
2122458132
Tax Period
2024-07-01 to 2025-06-30

DOING ART TOGETHER INC, founded in 1985, is a small nonprofit in the Education sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $278K exceeded revenue, resulting in a 39% operating deficit.

Mission

OUR MISSION IS TO AWAKEN AND ENRICH THE INTELLECTUAL, SOCIAL, AND CULTURAL DEVELOPMENT OF UNDER-SERVED POPULATION IN THE FIVE BOROUGHS INSPIRING THEM TO PURSUE THEIR LEARNING

Program Service Accomplishments

Program 1
Expenses: $179,839

DOING ART TOGETHER, INC. ACCOMPLISHES ITS MISSION BY ENGAGING STUDENTS IN THE VISUAL ARTS, IGNITING THEIR PARTICIPATION OF FAMILY NETWORK, AND BUILDING ENDURING PARTNERSHIPS WITH THE EDUCATIONAL...

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DOING ART TOGETHER, INC. ACCOMPLISHES ITS MISSION BY ENGAGING STUDENTS IN THE VISUAL ARTS, IGNITING THEIR PARTICIPATION OF FAMILY NETWORK, AND BUILDING ENDURING PARTNERSHIPS WITH THE EDUCATIONAL COMMUNITY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,211
Program Service Revenue $149,578
Investment Income $5,801
Other Revenue $0
TOTAL REVENUE $200,590

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,352
Fundraising Expenses $24,705
Program Expenses $179,839
Other Expenses $172,050
TOTAL EXPENSES $278,402

Year-over-Year Comparison

2024 2023 Change
Revenue $200,590 $271,468 -0.3%
Expenses $278,402 $283,472 0.0%
Net Income $-77,812 $-12,004 +5.5%
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

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Governance

Voting Members
8
Independent Members
7
Employees
2
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
4
$72,800
Total Directors
7
$0
Key Employees
1
$72,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELECTRA ASKITOPOULOS-FRIEDMAN CREATIVE DIRECTOR 40.00
Officer Key Emp
$72,800 $0 $72,800
JASON LEVENTHAL BOARD MEMBER 1.00
Director
$0 $0 $0
PHILEMONA WILLIAMSON BOARD MEMBER 1.00
Director
$0 $0 $0
SARA PETITT BOARD MEMBER 1.00
Director
$0 $0 $0
HANNAH KRAMER BOARD MEMBER 1.00
Director
$0 $0 $0
ELENA SARKISSIAN PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERT FISHER TREASURER 1.00
Officer Director
$0 $0 $0
ALEXI FRIEDMAN SECRETARY 1.00
Officer 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 $200,590 $278,402 $240,266 $-77,812
2024 No data No data No data No data
2023 $279,391 $249,560 $334,110 $29,831
2022 $292,432 $239,968 $287,682 $52,464
2021 $151,091 $153,447 $262,176 $-2,356
2020 $147,712 $195,791 $247,122 $-48,079
2019 $212,197 $219,677 $276,041 $-7,480
2018 $285,149 $240,846 $289,495 $44,303
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