Modern and Contemporary Art Support Corp (EIN 133910972) - 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

1980

Legal Domicile

Principal Officer

Agnes Gund

Phone

2127089801

Tax Period

2022-07-01 to 2023-06-30

Modern and Contemporary Art Support Corp, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $188K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Net assets of $394K represent 25 months of operating reserves.

Mission

The Modern and Contemporary Art Support Corp was formed by the Museum of (Continued in Schedule O) Modern Art for the purpose of receiving, acquiring and holding title to or interests in land and buildings contiguous to or in close proximity to the Museum, arranging for carrying out construction, reconstruction and renovation of buildings for use by the Museum in achieving its tax-exempt purpose.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $187,869

TOTAL REVENUE $187,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $190,428

Other Expenses $190,428

TOTAL EXPENSES $190,428

Year-over-Year Comparison

	2022	2021	Change
Revenue	$187,869	$210,973	-0.1%
Expenses	$190,428	$190,428	N/A
Net Income	$-2,559	$20,545	-1.1%

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

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

$632,704

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Agnes Gund	President/Director	0.50	Officer Director	$0	$0	$0
Ronald S Lauder	Treasurer/Director	0.50	Officer Director	$0	$0	$0
James Grooms	Secretary	0.50	Officer	$0	$43,041	$632,704

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$187,869	$190,428	$1,049,204	$-2,559
2022	$210,973	$190,428	$1,239,631	$20,545
2021	$141,063	$190,428	$1,431,964	$-49,365
2020	$139,154	$190,428	$1,620,488	$-51,274
2019	$205,752	$190,428	$1,810,915	$15,324
2018	$212,183	$190,428	$2,003,355	$21,755

Modern and Contemporary Art Support Corp