American Friends of the National Gallery of Canada Inc (EIN 263572080) - 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

2008

Legal Domicile

Principal Officer

Karen Colby-Stothart

Phone

3439985506

Tax Period

2024-01-01 to 2024-12-31

American Friends of the National Gallery of Canada Inc, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $33K, a strong 99% operating margin.

Mission

To promote Canadian art and aid in bringing more art to the people of Canada.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $32,948

TOTAL REVENUE $32,948

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $288

TOTAL EXPENSES $288

Year-over-Year Comparison

	2024	2023	Change
Revenue	$32,948	$28,217	+0.2%
Expenses	$288	$38,488	-1.0%
Net Income	$32,660	$-10,271	-4.2%

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

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Thomas d'Aquino	Director	Director	$0	$0	$0
Michael Adams	Director	Director	$0	$0	$0
Sandra Pike	Director	Director	$0	$0	$0
Karen Colby-Stothart	CHAIR OF THE BOARD	Officer Director	$0	$0	$0
Lisa Turcotte	Director	Director	$0	$0	$0
Glen Bloom	Director	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	$32,948	$288	$216,081	$32,660
2023	$28,217	$38,488	$115,174	$-10,271
2022	$176,450	$168,211	$144,077	$8,239
2021	No data	$6,546	$112,091	No data
2020	$319,516	$312,320	$110,323	$7,196
2019	$1,740	$5,160	$130,824	$-3,420
2018	No data	$4,214	$129,088	No data

American Friends of the National Gallery of Canada Inc