ARTIS CONTEMPORARY ISRAELI ART FUNDINC (EIN 264184988) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

HILLIT ZWICK

Phone

2122850960

Tax Period

2023-01-01 to 2023-12-31

ARTIS CONTEMPORARY ISRAELI ART FUNDINC, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

ARTIS IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT SUPPORTS CONTEMPORARY ARTISTS FROM ISRAEL WHOSE WORK ADDRESSES AESTHETIC, SOCIAL AND POLITICAL QUESTIONS TO INSPIRE REFLECTION AND DEBATE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,209,185

Program Service Revenue $715

Investment Income $104

Other Revenue $0

TOTAL REVENUE $1,210,004

Expense Breakdown

Grants Paid $515,647

Salaries & Benefits $330,716

Fundraising Expenses $101,126

Program Expenses $874,849

Other Expenses $246,205

TOTAL EXPENSES $1,092,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,210,004	$992,049	+0.2%
Expenses	$1,092,568	$1,117,379	0.0%
Net Income	$117,436	$-125,330	-1.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$165,566

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RIVKA SAKER	FOUNDER AND CHAIR	15.00	Officer Director	$0	$0	$0
VICTORIA ANESH	DIRECTOR	1.00	Director	$0	$0	$0
YAEL BARTANA	DIRECTOR	1.00	Director	$0	$0	$0
MAYA BENTON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY BERMAN	DIRECTOR	1.00	Director	$0	$0	$0
JILL BERNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
SONIA CUMMINGS	DIRECTOR	1.00	Director	$0	$0	$0
WENDY FISHER	DIRECTOR	1.00	Director	$0	$0	$0
DAN HERBATSCHEK	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL HERBATSCHEK	DIRECTOR	1.00	Director	$0	$0	$0
MARIANNE LIVNAT	DIRECTOR	1.00	Director	$0	$0	$0
NATHALIE MAMANE-COHEN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA MEISLIN	DIRECTOR	1.00	Director	$0	$0	$0
EVI MUSHER SHECHTER	DIRECTOR	1.00	Director	$0	$0	$0
SHULAMIT NAZARIAN	DIRECTOR	1.00	Director	$0	$0	$0
VICTOIRE NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
IZHAR PATKIN	DIRECTOR	1.00	Director	$0	$0	$0
JOAN ROSENBAUM	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER V ROTH	DIRECTOR	1.00	Director	$0	$0	$0
MANON SLOME	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
ARI WISEMAN	DIRECTOR	1.00	Director	$0	$0	$0
HILLIT ZWICK	EXECUTIVE DIRECTOR	40.00	Officer	$148,017	$17,549	$165,566

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	$1,210,004	$1,092,568	$2,053,358	$117,436
2022	$992,049	$1,117,379	$1,974,227	$-125,330
2021	$1,397,882	$878,017	$2,009,194	$519,865
2020	$1,167,687	$863,402	$1,517,467	$304,285
2019	$1,240,574	$688,208	$1,222,920	$552,366
2018	$447,509	$649,641	$670,044	$-202,132

ARTIS CONTEMPORARY ISRAELI ART FUNDINC