NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MAMA FOUNDATION FOR THE ARTS INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 23% operating deficit.
CREATED TO HELP ESTABLISH HARLEM AS A ARTISTIC AND CULTURAL CENTER PIECE OF THE WORLD. THE ORGANIZATION'S MISSION IS TO PRESENT, PRESERVE AND PROMOTE GOSPEL, JAZZ AND THE R&B ARTS FOR CURRENT AND FUTURE GENERATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $1,433,677 | $1,658,505 | -0.1% |
| Expenses | $1,762,107 | $1,606,322 | +0.1% |
| Net Income | $-328,430 | $52,183 | -7.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KNOELLE WYDRO | PROGRAM DIRE | 40.00 |
Highest
|
$117,666 | $0 | $117,666 |
| VY HIGGINSEN | EXECUTIVE DI | 40.00 |
Officer
Director
|
$99,008 | $0 | $99,008 |
| JEFFREY ANDERSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED BLUMENFELD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREA CISCO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOYCE DAVIS | CO-CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| KERY DAVIS | CO-CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMANTHA DAVIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN HOMMEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NIGEL PIERCE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID RIMMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RITA RODIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK JC SHAW | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,433,677 | $1,762,107 | $2,067,624 | $-328,430 |
| 2024 | $1,658,505 | $1,606,322 | $2,390,006 | $52,183 |
| 2023 | $1,645,506 | $1,766,232 | $2,312,511 | $-120,726 |
| 2022 | $1,591,894 | $1,003,098 | $2,425,465 | $588,796 |
| 2021 | $2,027,362 | $826,554 | $1,900,832 | $1,200,808 |
| 2020 | $554,865 | $556,415 | $708,892 | $-1,550 |
| 2019 | $762,389 | $711,021 | $618,998 | $51,368 |
| 2018 | $696,889 | $772,956 | $569,304 | $-76,067 |
| 2017 | $599,182 | $775,645 | $751,759 | $-176,463 |
Compare MAMA FOUNDATION FOR THE ARTS INC with other nonprofits in New York and across the country.