BRASARTE THE DAMASCENO BRAZILIAN CULTURAL EXCHANGE (EIN 143383575) - 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

2000

Legal Domicile

Principal Officer

Nicholas Harvey

Phone

5105281958

Tax Period

2024-07-01 to 2025-06-30

BRASARTE THE DAMASCENO BRAZILIAN CULTURAL EXCHANGE, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $254K in total revenue in fiscal year 2024. Expenses of $219K left a modest 14% surplus.

Mission

BrasArte has four major goals: 1 To preserve the traditional dances and music of Brasil 2 To preserve the historical roots of Brasil's vibrant culture by helping to support and care for its aging artists and mentors 3 To nurture new and emerging artistic talent 4 To provide cultural exchange between Brasil and the United States

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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 $113,679

Program Service Revenue $139,491

Investment Income $600

Other Revenue $0

TOTAL REVENUE $253,770

Expense Breakdown

Grants Paid $2,281

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,656

Other Expenses $216,373

TOTAL EXPENSES $218,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$253,770	$266,787	0.0%
Expenses	$218,654	$286,228	-0.2%
Net Income	$35,116	$-19,441	-2.8%

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

N/A

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

$19,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicholas Harvey	Executive Director	20	Officer	$11,500	$0	$11,500
Tainah Damasceno Harvey	Artistic Director	20	Officer	$7,500	$0	$7,500
Catia Machado Lund	Board member	1	Director	$0	$0	$0
Elisangela de Souza	Board Member	1	Director	$0	$0	$0
Zoe Leonard-Monrad	Treasurer	2	Officer	$0	$0	$0
Ashlee George	Secretary	2	Officer	$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	$253,770	$218,654	$41,104	$35,116
2024	No data	No data	No data	No data
2023	$238,377	$267,760	$94,874	$-29,383
2022	$254,992	$241,379	$128,601	$13,613
2020	$248,317	$198,146	$138,933	$50,171
2020	$248,317	$198,146	$138,933	$50,171

BRASARTE THE DAMASCENO BRAZILIAN CULTURAL EXCHANGE