ROME ART PROGRAM INC

EIN: 271627533 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$93,135
Total Expenses
$91,761
Total Assets
$34,333
Net Assets
$33,943
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Phone
6464771063
Tax Period
2024-01-01 to 2024-12-31

ROME ART PROGRAM INC, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $93K in total revenue in fiscal year 2024.

Mission

THE ROME ART PROGRAM IS DESIGNED TO INSPIRE STUDENTS TO EXPAND THEIRARTISTIC VISION THROUGH PAINTING AND DRAWING ON THE STREETS OF ROME ANDFLORENCE, AND IN THE COUNTRYSIDE OF UMBRIA, EXPANDING ON THE PLEIN-AIRTRADITION OF EARLIER GENERATIONS OF ARTISTS. THE PROGRAM'S IDEOLOGY ISBASED ON THE COMPELLING IMPACT THAT FIRSTHAND OBSERVATION AND PERCEPTIONHAVE ON DRAWING AND PAINTING. STUDENTS WILL WORK ON LOCATION, TAKING THEIRINSPIRATION FROM THE EVOCATIVE RUINS, CHURCHES, RENAISSANCE PALACES,GARDENS, AND NATURAL SCENERY THAT CONSTITUTE THE ITALIAN LANGUAGE.CRITIQUES AND LECTURES WILL LEND INSIGHT AND PROMPT A DEEPER KNOWLEDGE OFEACH STUDENT'S ARTISTIC JOURNEY. GUIDING STUDENTS THROUGH IMPORTANT SITES,DISTINGUISHED ART HISTORIANS WILL ILLUMINATE THE SIGNIFICANCE OF HISTORICPLACES AND PERIODS. WORKING PLEIN-AIR, WHERE THE STREET AND GARDEN BECOMESTHE STUDIO, PROFOUNDLY IMPACTS THE FOCUS AND OUTPUT OF OUR STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,245
Program Service Revenue $86,890
Investment Income $0
Other Revenue $0
TOTAL REVENUE $93,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $108
Program Expenses $91,662
Other Expenses $91,653
TOTAL EXPENSES $91,761

Year-over-Year Comparison

2024 2023 Change
Revenue $93,135 $89,531 +0.0%
Expenses $91,761 $74,865 +0.2%
Net Income $1,374 $14,666 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL ROSSI Executive Dir. 0.00
Officer
$0 $0 $0
CLAUDIA CARR LEVY Director 0.00
Officer
$0 $0 $0
JOCK IRELAND Director 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
2024 $93,135 $91,761 $34,333 $1,374
2021 $47,660 $34,128 $17,087 $13,532
2020 $20,174 $15,098 $11,556 $5,076
2019 $60,210 $73,975 $4,700 $-13,765
2018 $90,454 $82,676 $14,521 $7,778
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