VENEZUELAN AMERICAN ENDOWMENT FOR THE ARTS INC (EIN 133619611) - 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

1990

Legal Domicile

Principal Officer

ALI CORDERO CASAL

Phone

9142353000

Tax Period

2022-01-01 to 2022-12-31

VENEZUELAN AMERICAN ENDOWMENT FOR THE ARTS INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $583K in total revenue in fiscal year 2022. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $367K, a strong 63% operating margin.

Mission

THE VENEZUELAN AMERICAN ENDOWMENT FOR THE ARTS MISSION IS TO PROMOTE THROUGH THE VISUAL AND PERFORMING ARTS A DEEPER AND RICHER UNDERSTANDING BY VENEZUALAN CITIZENS OF U. S. CULTURE, AND BY U.S. CITIZENS OF VENEZUALAN CULTURE. IT IS ALSO TO SUPPORT THE DEVELOPMENT AND APPRECIATION BY U.S. STUDENTS AND OTHER MEMBERS OF THE U.S. GENERAL PUBLIC OF VISUAL AND PERFRORMING ART BY VENEZUALAN ARTISTS, AND BY VENEZUALAN STUDENTS AND OTHER MEMBERS OF THE VENEZUALAN GENERAL PUBLIC OF VISUAL AND PERFORMING ART BY U.S. ARTISTS. IT IS ALSO TO SUPPORT, INCLUDING BY FUNDING AND THE CONDUCT OF ACTIVITIES INCLUDING THE EXHIBITION, PERFORMANCE,PUBLICATION,DISTRIBUTION AND DISSEMINATION OF WORKS OF , AND INFORMATIO REGARDING, VENEZUALAN VISUAL AND PERFORMING ART IN THE U.S. , AND U.S. VISUAL AND PERFORMING ART IN VENEZUALAN. IT IS ALSO TO SUPPORT SPEAKERS AND RESEARCHERS FROM EACH COUNTRY ON MATTERS RELATING TO VAEA PURPOSES. IT IS TO PROVIDE FUNDING AND SUPPORT TO INDIVIDUALS AND ORGANIZATIONS INCLUDING

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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 (2022)

Revenue Breakdown

Contributions & Grants $505,470

Program Service Revenue $77,115

Investment Income $0

Other Revenue $0

TOTAL REVENUE $582,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,577

Fundraising Expenses $89,779

Program Expenses $12,860

Other Expenses $198,505

TOTAL EXPENSES $216,082

Year-over-Year Comparison

	2022	2021	Change
Revenue	$582,585	$422,852	+0.4%
Expenses	$216,082	$183,659	+0.2%
Net Income	$366,503	$239,193	+0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALI CORDERO CASAL	PRESIDENT	N/A	Director	$0	$0	$0
LUIS R CANCEL	DIRECTOR	N/A	Officer	$0	$0	$0
JOHN STEPHEN FANCHER	DIRECTOR	N/A	Officer	$0	$0	$0
JOSE NICOLAS GIACOPINI	DIRECTOR	N/A	Officer	$0	$0	$0
JAMES GOLDSCHMIDT	DIRECTOR	N/A	Officer	$0	$0	$0
JAMES GOLDSCHMIDT	DIRECTOR	N/A	Officer	$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
2022	$582,585	$216,082	$1,886,637	$366,503
2021	$422,852	$183,659	$1,458,949	$239,193
2020	$256,698	$171,554	$1,150,561	$85,144
2019	$87,452	$112,767	$876,343	$-25,315
2018	$338,626	$138,174	$890,408	$200,452

VENEZUELAN AMERICAN ENDOWMENT FOR THE ARTS INC