MIANO ACADEMY OF ART INC (EIN 260820589) - 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

2007

Legal Domicile

Principal Officer

CHARLES MIANO

Phone

9417537755

Tax Period

2024-01-01 to 2024-12-31

MIANO ACADEMY OF ART INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $258K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $227K left a modest 12% surplus.

Mission

PRESERVING CLASSICAL REALISM TRAINING FOR THE NEXT GENERATION OF ARTISTS AND THE ADVANCEMENT OF THE INTERNATIONAL ATELIER MOVEMENT.

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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 $46,031

Program Service Revenue $210,256

Investment Income $1,610

Other Revenue $0

TOTAL REVENUE $257,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,431

Fundraising Expenses $0

Program Expenses $219,862

Other Expenses $145,916

TOTAL EXPENSES $227,347

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,897	$225,407	+0.1%
Expenses	$227,347	$203,119	+0.1%
Net Income	$30,550	$22,288	+0.4%

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

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

$68,771

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MIANO	PRESIDENT NON VOTING MEMBER	40.00	Officer Highest	$68,771	$0	$68,771
DAVID MIANO	CHAIRMAN	1.00	Director	$0	$0	$0
MIRA AKINS	VICE CHAIRMAN	2.00	Director	$0	$0	$0
AMY HARDING	TREASURE	1.00	Director	$0	$0	$0
JANET STECKLER	SECRETARY	1.00	Director	$0	$0	$0
DAVID CRAFT	MEMBER AT LARGE	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	$257,897	$227,347	$110,555	$30,550
2023	$225,407	$203,119	$76,663	$22,288
2022	$231,533	$224,616	$46,588	$6,917
2021	$243,288	$188,365	$66,451	$54,923
2020	$250,260	$278,315	$9,392	$-28,055
2019	$227,154	$236,183	$37,445	$-9,029
2018	$178,559	$139,277	$46,504	$39,282

MIANO ACADEMY OF ART INC