THE CENTER FOR ARTS EDUCATION INC (EIN 133938080) - 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

1996

Legal Domicile

Principal Officer

WESNER PIERRE

Phone

2126899500

Tax Period

2020-07-01 to 2021-06-30

THE CENTER FOR ARTS EDUCATION INC, founded in 1996, is a small nonprofit that reported $892K in total revenue in fiscal year 2020. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $187K, a strong 21% operating margin.

Mission

TO ENSURE THAT ALL NEW YORK CITY PUBLIC SCHOOL STUDENTS RECEIVE QUALITY ARTS INSTRUCTION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $819,481

Program Service Revenue $36,051

Investment Income $16,652

Other Revenue $20,313

TOTAL REVENUE $892,497

Expense Breakdown

Grants Paid $58,945

Salaries & Benefits $423,416

Fundraising Expenses $101,746

Program Expenses $503,268

Other Expenses $223,380

TOTAL EXPENSES $705,741

Year-over-Year Comparison

	2020	2019	Change
Revenue	$892,497	$1,090,777	-0.2%
Expenses	$705,741	$1,353,833	-0.5%
Net Income	$186,756	$-263,056	-1.7%

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

$457,997

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL BRAUFMAN	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES GREENBERG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOANNE LENHART	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PARESH TRIVEDI	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELA CHEN	TREASURER	1.00	Officer Director	$0	$0	$0
AMY ADLER	DIRECTOR	1.00	Director	$0	$0	$0
MARJORIE ALTSCHULER	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE BENENSON	DIRECTOR	1.00	Director	$0	$0	$0
TOM BOOKER	DIRECTOR	1.00	Director	$0	$0	$0
LATASHA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SHOOKHOFF	DIRECTOR	1.00	Director	$0	$0	$0
CHLOE TAPP	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA WARREN	DIRECTOR THRU 06/22/21	1.00	Director	$0	$0	$0
HELENA WILLNER	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET CROTTY	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$275,333
MARINA SCHREIBER CHIEF	FINANCIAL & ADMIN OFFICER	5.00	Officer	$0	$14,368	$182,664

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
2021	$892,497	$705,741	$1,309,101	$186,756
2021	$314,908	$179,596	No data	$135,312
2021	$314,908	$179,596	No data	$135,312
2020	$1,090,777	$1,353,833	$1,101,984	$-263,056
2019	$1,636,928	$2,096,390	$1,165,628	$-459,462
2018	$1,773,597	$2,275,984	$1,750,636	$-502,387

THE CENTER FOR ARTS EDUCATION INC