FERMATA ARTS FOUNDATION INC

EIN: 263396309 501(c)(3) Arts, Culture & Humanities

Avon, CT

Total Revenue
$69,770
Total Expenses
$69,770
Total Assets
$950
Net Assets
$950
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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
2008
Legal Domicile
CT
Principal Officer
Tatyana Ishutkina
Phone
8604041781
Tax Period
2025-01-01 to 2025-12-31

FERMATA ARTS FOUNDATION INC, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2025.

Mission

To aid in the preservation of peace through mutual respect, understanding and cooperation. The model for achieving this is through the synthesis of art, architecture, philosophy and poetry. The Corporation exists to promote and encourage true intercultural dialogue between countries.

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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 $69,770
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,995
Fundraising Expenses $0
Program Expenses $69,770
Other Expenses $64,775
TOTAL EXPENSES $69,770

Year-over-Year Comparison

2025 2024 Change
Revenue $69,770 $68,112 +0.0%
Expenses $69,770 $67,362 +0.0%
Net Income $0 $750 -1.0%
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
8
Independent Members
8
Employees
2
Volunteers
57

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
4
$0
Total Directors
8
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sean Cummings President 2
$2,166 $0 $4,332
Igor Klimov Director 2
Director
$0 $0 $0
Dr Victor Shadrin Director 2
Director
$0 $0 $0
Davit Koiava Director 2
Director
$0 $0 $0
Dr Turatbek Dujshenaliev Director 2
Director
$0 $0 $0
Dr Pamela Gay VP 2
Officer Director
$0 $0 $0
Elena Kriukova Treasure 2
Officer Director
$0 $0 $0
Tatyana Ishutkina Secretary 35
Officer Director Key Emp
$0 $0 $0
Yelyzaveta Klimova Director 2
Officer 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 $69,770 $69,770 $950 No data
2024 No data No data No data No data
2023 $66,300 $65,550 $950 $750
2022 $65,540 $65,540 $200 No data
2021 $60,553 $60,353 $400 $200
2020 $52,316 $52,216 $200 $100
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