THE VAN WYCK COUNCIL ON THE ARTS & CULTURE INC (EIN 141593759) - 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

1974

Legal Domicile

Principal Officer

THERESA KRAFT

Phone

8458314988

Tax Period

2023-07-01 to 2024-06-30

THE VAN WYCK COUNCIL ON THE ARTS & CULTURE INC, founded in 1974, is a small nonprofit that reported $166K in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73K, a strong 44% operating margin.

Mission

TO PRESERVE THE HOWLAND CULTURAL CENTER BUILDING AND MAINTAIN A COMMUNITY CULTURAL CENTER FOR THE ARTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,687

Program Service Revenue $87,198

Investment Income $1,399

Other Revenue $18,849

TOTAL REVENUE $166,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $84,813

Other Expenses $92,820

TOTAL EXPENSES $92,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$166,133	$91,344	+0.8%
Expenses	$92,820	$64,700	+0.4%
Net Income	$73,313	$26,644	+1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG WOLF	Secretary	40.00	Officer Director	$0	$0	$0
THOMAS DE VILLIERS	Vice President	12.00	Officer Director	$0	$0	$0
JAY STRAUSS	Director	5.00	Director	$0	$0	$0
RON IAROSSI	Director	6.00	Director	$0	$0	$0
THERESA KRAFT	President	40.00	Officer Director	$0	$0	$0
ANDA ONESA LIEBERMAN	Director	2.00	Director	$0	$0	$0
FLORENCE NORTHCUTT	Director	2.00	Director	$0	$0	$0
HANNAH BROOKS	Treasurer	30.00	Officer Director	$0	$0	$0
RONNIE SAUERS	Director	2.00	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	No data	No data	No data	No data
2024	$166,133	$92,820	$434,917	$73,313
2024	$166,133	$92,820	$434,917	$73,313
2023	$91,344	$64,700	$361,932	$26,644
2022	$102,084	$95,089	$335,159	$6,995
2021	$60,685	$67,511	$327,965	$-6,826
2020	$75,993	$71,227	$334,791	$4,766
2019	$109,495	$81,856	$331,267	$27,639

THE VAN WYCK COUNCIL ON THE ARTS & CULTURE INC