STATEMENT ARTS INC

EIN: 205198657 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$428,143
Total Expenses
$404,246
Total Assets
$314,392
Net Assets
$309,830
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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

Principal Officer
LIZA POLITI
Phone
8008040081
Tax Period
2025-01-01 to 2025-12-31

STATEMENT ARTS INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $428K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $404K left a modest 6% surplus.

Mission

Statement Arts believe in the power of an integrated arts education to cultivate the next generation of leaders who can inspire social and cultural change. Our holistic approach supports young people and offers the space for them to find their voices and add their statements.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $232,905
Program Service Revenue $0
Investment Income $0
Other Revenue $195,238
TOTAL REVENUE $428,143

Expense Breakdown

Grants Paid $5,850
Salaries & Benefits $177,036
Fundraising Expenses $29,117
Program Expenses $289,627
Other Expenses $221,360
TOTAL EXPENSES $404,246

Year-over-Year Comparison

2025 2024 Change
Revenue $428,143 $379,950 +0.1%
Expenses $404,246 $374,084 +0.1%
Net Income $23,897 $5,866 +3.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
25

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
3
$62,002
Total Directors
10
$62,002
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AIDAN DAVIS Secretary 30.00
Officer Director
$62,002 $0 $62,002
ASHLEY GARRETT President 5.00
Officer Director
$0 $0 $0
ALEXIS TENER PETRUS Director 5.00
Director
$0 $0 $0
LIZA POLITI Treasurer 40.00
Officer Director
$0 $0 $0
KEITH PETRUS Director 5.00
Director
$0 $0 $0
PALLAVI NAIDU BOARD MEMBER 5.00
Director
$0 $0 $0
MARCIA GONZALES BOARD MEMBER 5.00
Director
$0 $0 $0
CHERYL LEWIS Vice President 5.00
Director
$0 $0 $0
KRISTIE LESLIE BOARD MEMBER 5.00
Director
$0 $0 $0
NARINE MALCOLM-JOSEPH BOARD MEMBER 5.00
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 $428,143 $404,246 $314,392 $23,897
2024 $379,950 $374,084 $291,258 $5,866
2023 $357,647 $379,469 $292,827 $-21,822
2022 $390,714 $337,965 $310,314 $52,749
2021 $286,534 $243,631 $250,227 $42,903
2020 $218,948 $167,083 $207,006 $51,865
2019 $234,657 $159,790 $153,320 $74,867
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