NEW ROCHELLE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VENEZUELAN AMERICAN ENDOWMENT FOR THE ARTS INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $347K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $291K, a strong 84% operating margin.
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
ACCOMPLISHMENTS INCLUDE PROMOTING THROUGH THE VISUAL AND PERFORMING ARTS A DEEPER AND RICHER UNDERSTANDING BY VENEZUELAN CITIZENS OF U.S. CULTURE AND BY U.S. CITIZENS OF VENEZUELAN CULTURE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $347,176 | $582,585 | -0.4% |
| Expenses | $56,660 | $216,082 | -0.7% |
| Net Income | $290,516 | $366,503 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $347,176 | $56,660 | $2,262,855 | $290,516 |
| 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 |
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