ASSOCIATION OF DOMINICAN CLASSICAL ARTISTS INC (EIN 133843597) - 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

1995

Legal Domicile

Principal Officer

ADAN VASQUEZ

Phone

5129202322

Tax Period

2024-07-01 to 2025-06-30

ASSOCIATION OF DOMINICAN CLASSICAL ARTISTS INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $515K in total revenue in fiscal year 2024.

Mission

FOUNDED IN 1980 BY PIANIST TILSIA BRENS, THE ASSOCIATION OF DOMINICAN CLASSICAL ARTISTS, INC. ADCA'S MISSION IS TO PROMOTE AND FOSTER APPRECIATION FOR CLASSICAL MUSIC, IT'S COMPOSERS, AND INTERPRETERS FROM THE DOMINICAN REPUBLIC AND LATIN AMERICA, THROUGH PERFORMING ART AND FOLKLORE. ADCA BRINGS LIVE PERFORMANCES OF CLASSICAL, FOLKLORIC AND TRADITIONAL LATIN AMERICAN MUSIC TO IT IMMEDIATE COMMUNITY AND NEW YORK CITY AS A WHOLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $515,299

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $515,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,366

Fundraising Expenses $1,048

Program Expenses $488,677

Other Expenses $248,581

TOTAL EXPENSES $548,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,299	$480,834	+0.1%
Expenses	$548,947	$483,232	+0.1%
Net Income	$-33,648	$-2,398	+13.0%

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

Volunteers

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

$36,213

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAN VASQUEZ	Executive Dir.	40.00	Officer	$36,213	$0	$36,213
BERTHA FABRIZIO	Chairman	2.00	Officer Director	$0	$0	$0
ANA OFELIA RODRIQUEZ	Treasurer	1.00	Officer Director	$0	$0	$0
DRINA LEE EDWARDS	Director	1.00	Director	$0	$0	$0
ERNESTO COLON	Secretary	2.00	Director	$0	$0	$0
VICTORIA MUNOZ	Director	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	$515,299	$548,947	$76,479	$-33,648
2024	$480,834	$483,232	$110,051	$-2,398
2023	$473,298	$483,782	$112,368	$-10,484
2022	$472,486	$501,054	$122,852	$-28,568
2021	$465,901	$414,801	$160,920	$51,100
2020	$530,521	$486,564	$151,368	$43,957
2019	$504,406	$493,413	$54,719	$10,993

ASSOCIATION OF DOMINICAN CLASSICAL ARTISTS INC