Royal Academy America Inc

EIN: 222503232 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$28
Total Expenses
$16,276
Total Assets
$100,181
Net Assets
$70,513
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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
1983
Legal Domicile
CT
Principal Officer
ELIZABETH CRAIN
Phone
6465808728
Tax Period
2022-01-01 to 2022-12-31

Royal Academy America Inc, founded in 1983, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $28 in total revenue in fiscal year 2022. Revenue surged 155% from the prior year, signaling strong growth momentum. Expenses of $16K exceeded revenue, resulting in a 58029% operating deficit.

Mission

TO PROMOTE EDUCATIONAL AND ARTISTIC EXCHANGE BETWEEN THE ROYAL ACADEMY 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $28
Other Revenue $0
TOTAL REVENUE $28

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $16,276
TOTAL EXPENSES $16,276

Year-over-Year Comparison

2022 2021 Change
Revenue $28 $11 +1.5%
Expenses $16,276 $90,517 -0.8%
Net Income $-16,248 $-90,506 -0.8%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Crain Acting Chair/Treasurer 2.0
Officer Director
$0 $0 $0
David Sabel Trustee 1.0
Director
$0 $0 $0
Joan N Stern Esq Trustee 1.0
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
2022 $28 $16,276 $100,181 $-16,248
2021 $11 $90,517 $87,343 $-90,506
2020 $154,512 $3,068,360 $189,727 $-2,913,848
2019 $5,363,241 $2,690,247 $3,114,958 $2,672,994
2018 $3,687,812 $3,853,042 $453,365 $-165,230
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