VISUAL ARTS CENTER ENDOWMENT TRUST (EIN 263606606) - 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

DONNA PETERMAN

Tax Period

2024-06-01 to 2025-05-31

VISUAL ARTS CENTER ENDOWMENT TRUST, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $65K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 246% operating deficit.

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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 $100

Program Service Revenue $0

Investment Income $64,558

Other Revenue $0

TOTAL REVENUE $64,658

Expense Breakdown

Grants Paid $222,105

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $223,942

Other Expenses $1,837

TOTAL EXPENSES $223,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,658	$142,438	-0.5%
Expenses	$223,942	$125,923	+0.8%
Net Income	$-159,284	$16,515	-10.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELSEY VEITENGRUBER	DIRECTOR	0.00	Director	$0	$0	$0
CONSTANCE ROBISON	DIRECTOR	0.00	Director	$0	$0	$0
BEVERLY YANKWITT	DIRECTOR	0.00	Director	$0	$0	$0
ALEXIA MARTIN	DIRECTOR	0.00	Director	$0	$0	$0
DONNA PETERMAN	PRESIDENT	1.00	Officer	$0	$0	$0
SUE KRASNEY	VICE PRESIDENT	0.00	Officer	$0	$0	$0
RONALD OLSEN	TREASURER	1.00	Officer	$0	$0	$0
DENISE HENERY	SECRETARY	0.00	Officer	$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	$64,658	$223,942	$886,732	$-159,284
2024	$142,438	$125,923	$1,046,016	$16,515
2023	$-123,203	$50,193	$1,037,167	$-173,396
2022	$12,839	$50,042	$1,094,810	$-37,203
2021	$71,423	$47,128	$1,210,563	$24,295
2020	$132,231	$38,740	$1,073,247	$93,491
2019	$37,888	$40,399	$871,034	$-2,511

VISUAL ARTS CENTER ENDOWMENT TRUST