LUX ART INSTITUTE (EIN 330802336) - 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

1998

Legal Domicile

Principal Officer

ANDREW UTT

Phone

7604366611

Tax Period

2021-01-01 to 2021-12-31

LUX ART INSTITUTE, founded in 1998, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2021. Revenue decreased 8% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 40% operating deficit.

Mission

Lux Art Institute believes that visual art educates, inspires, and transforms its viewers.

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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 (2021)

Revenue Breakdown

Contributions & Grants $474,328

Program Service Revenue $582,839

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,057,167

Expense Breakdown

Grants Paid $0

Salaries & Benefits $682,390

Fundraising Expenses $139,084

Program Expenses $636,906

Other Expenses $802,285

TOTAL EXPENSES $1,484,675

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,057,167	$1,151,013	-0.1%
Expenses	$1,484,675	$1,286,409	+0.2%
Net Income	$-427,508	$-135,396	+2.2%

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

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

$76,717

Total Directors

$76,717

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Utt	Executive Director	040.00	Officer Director	$76,717	$0	$76,717
Linda Brandes	President	004.00	Officer Director	$0	$0	$0
John McDonough	Secretary	004.00	Officer Director	$0	$0	$0
Carolin Botzenhardt	Treasurer	004.00	Officer Director	$0	$0	$0
Sean Leffers	Director	002.00	Director	$0	$0	$0
Andrew Schreck	Director	002.00	Director	$0	$0	$0
Susan Daly	Director	002.00	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
2021	$1,057,167	$1,484,675	$6,031,288	$-427,508
2020	$1,151,013	$1,286,409	$6,576,308	$-135,396
2019	$1,104,885	$1,598,236	$6,656,361	$-493,351
2018	$1,150,100	$1,413,975	$7,061,372	$-263,875

LUX ART INSTITUTE