NORTHERN MANHATTAN ARTS ALLIANCE INC (EIN 261997496) - 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

NIRIA LEYVA-GUTIERREZ

Phone

2125674394

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

TO PROMOTE, CULTIVATE AND SUPPORT THE WORKS OF ARTISTS AND ARTS ORGANIZATIONS IN NORTHERN MANHATTAN

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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 $369,835

Program Service Revenue $98,286

Investment Income $0

Other Revenue $367

TOTAL REVENUE $468,488

Expense Breakdown

Grants Paid $94,000

Salaries & Benefits $243,661

Fundraising Expenses $27,171

Program Expenses $542,539

Other Expenses $372,239

TOTAL EXPENSES $709,900

Year-over-Year Comparison

	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%

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

$84,423

Total Directors

$84,423

Key Employees

Highest Compensated

reported

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

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	$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

NORTHERN MANHATTAN ARTS ALLIANCE INC