ARTSQUEST FOUNDATION (EIN 200652958) - 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

2004

Legal Domicile

Principal Officer

SELENA LAVONIER

Phone

6103321300

Tax Period

2023-01-01 to 2023-12-31

ARTSQUEST FOUNDATION, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $292K in total revenue in fiscal year 2023. Revenue surged 270% from the prior year, signaling strong growth momentum. Expenses of $5.8M exceeded revenue, resulting in a 1897% operating deficit.

Mission

TO COLLECT AND MANAGE DONATIONS AND TO SUPPORT ARTSQUEST AND THEIR PROGRAMS.

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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 $155,636

Program Service Revenue $0

Investment Income $161,851

Other Revenue $-25,230

TOTAL REVENUE $292,257

Expense Breakdown

Grants Paid $5,634,704

Salaries & Benefits $171,258

Fundraising Expenses $173,308

Program Expenses $5,634,704

Other Expenses $30,835

TOTAL EXPENSES $5,836,797

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,257	$79,021	+2.7%
Expenses	$5,836,797	$210,531	+26.7%
Net Income	$-5,544,540	$-131,510	+41.2%

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

$135,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SELENA L LAVONIER	EXECUTIVE DIRECTOR	20.00	Officer	$121,880	$13,733	$135,613
JASON CORT	CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT OSTER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN GAGGE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH PIETRANTONIO	TREASURER	1.00	Officer Director	$0	$0	$0
ANTHONY CARFAGNO	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN CALLAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SONYA MARIE	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN SCHUPP	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PERRUCCI THRU 523	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$292,257	$5,836,797	$6,831,975	$-5,544,540
2023	$292,257	$5,836,797	$6,831,975	$-5,544,540
2022	$79,021	$210,531	$12,167,473	$-131,510
2021	$328,571	$356,493	$13,262,058	$-27,922
2020	$730,307	$165,892	$13,592,144	$564,415
2019	$3,163,447	$210,034	$13,758,917	$2,953,413
2018	$506,588	$222,368	$8,541,228	$284,220

ARTSQUEST FOUNDATION