NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN MANHATTAN ARTS ALLIANCE INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $468K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $710K exceeded revenue, resulting in a 52% operating deficit.
TO PROMOTE, CULTIVATE AND SUPPORT THE WORKS OF ARTISTS AND ARTS ORGANIZATIONS IN NORTHERN MANHATTAN
ARTISTIC AND CULTURAL - NoMAA facilitates the creation of new works by both emerging and established artists;strengthens the infrastructures of local art organizations; encourages public...
ARTISTIC AND CULTURAL - NoMAA facilitates the creation of new works by both emerging and established artists;strengthens the infrastructures of local art organizations; encourages public dialogue,engagement, and collective reflection around issues that affect Upper Manhattans cultural community and fosters the regions economic development and overall vibrancy.
Uptown Arts Stroll - A month-long festival held in June. This well known, community-wide festival provides a cultural and public platform for more than 300 artists, arts organizations and businesses...
Uptown Arts Stroll - A month-long festival held in June. This well known, community-wide festival provides a cultural and public platform for more than 300 artists, arts organizations and businesses. NoMAA produces its opening and closing receptions, open studio events, and select art-making workshops. Events span West Harlem through Inwood areas and serve nearly 62,000 people from NYC.
Technical Assistance - NoMAAs annual Technical Assistance Institute, a one-day program held in the fall that includes workshops/panels on community and arts and how these are tied to issues in...
Technical Assistance - NoMAAs annual Technical Assistance Institute, a one-day program held in the fall that includes workshops/panels on community and arts and how these are tied to issues in fundraising, marketing and empowerment. The Technical Assistance Institute is designed to promote a better understanding of the fundamental steps involved in creating and sustaining a professional career as an artist and developing and running a successful arts organization. A series of 9 hands-on workshops for individual artists and emerging arts organizations to continue developing professional skills, strengthen organizational infrastructures, and peer networks.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $468,488 | $775,632 | -0.4% |
| Expenses | $709,900 | $575,373 | +0.2% |
| Net Income | $-241,412 | $200,259 | -2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LUIS A MIRANDA JR | CHAIRPERSON | 2.00 |
Director
|
$0 | $0 | $0 |
| RAFAEL ALVAREZ | TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| CAROL JENKINS | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| LENNY LAZZARINO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SANDRA GARCIA-BETANCOURT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| NIRIA LEYVA-GUTIERREZ | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$84,423 | $0 | $84,423 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $468,488 | $709,900 | $511,455 | $-241,412 |
| 2022 | $775,632 | $575,373 | $747,898 | $200,259 |
| 2021 | $779,491 | $453,756 | $561,594 | $325,735 |
| 2020 | $462,580 | $311,072 | $214,362 | $151,508 |
Compare NORTHERN MANHATTAN ARTS ALLIANCE INC with other nonprofits in New York and across the country.