QUEER ART INC (EIN 371705600) - 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

2012

Legal Domicile

Principal Officer

IRA SACHS

Phone

9293353707

Tax Period

2023-01-01 to 2023-12-31

QUEER ART INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $918K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO CREATE A DIVERSE AND VIBRANT COMMUNITY THROUGH THE SUPPORT OF LGBTQ ART AND ARTIST ACROSS GENERATIONS AND DISCIPLINES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $540,102

Program Service Revenue $375,900

Investment Income $2,021

Other Revenue $0

TOTAL REVENUE $918,023

Expense Breakdown

Grants Paid $63,220

Salaries & Benefits $355,681

Fundraising Expenses $68,543

Program Expenses $737,771

Other Expenses $561,499

TOTAL EXPENSES $980,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$918,023	$685,050	+0.3%
Expenses	$980,400	$730,853	+0.3%
Net Income	$-62,377	$-45,803	+0.4%

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

N/A

Employees

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
BOBYE LIST	BOARD MEMBER	0.00	Director	$0	$0	$0
BEE DAVIS	BOARD MEMBER	0.00	Director	$0	$0	$0
ELLEN MARKS	BOARD MEMBER	0.00	Director	$0	$0	$0
MAX RIFKIND-BARRON	BOARD MEMBER	0.00	Director	$0	$0	$0
LUCILA MOCTEZUMA	BOARD MEMBER	0.00	Director	$0	$0	$0
FRAN TIRADO	BOARD MEMBER	0.00	Director	$0	$0	$0
KEI WILLIAMS	BOARD MEMBER	0.00	Director	$0	$0	$0
NELSON SANTOS	PRESIDENT	0.00	Officer	$0	$0	$0
LOLA FLASH	VICE PRESIDENT	0.00	Officer	$0	$0	$0
IRA SACHS	TREASURER/FOUNDING DIRECTO	5.00	Officer	$0	$0	$0
CECILIA GENTILI	BOARD MEMBER	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	No data	No data	No data	No data
2023	$918,023	$980,400	$118,149	$-62,377
2022	$685,050	$730,853	$204,174	$-45,803
2021	$670,568	$709,539	$273,417	$-38,971
2020	$548,852	$496,630	$299,936	$52,222
2019	$429,836	$366,059	$207,775	$63,777
2018	$313,629	$333,750	$154,475	$-20,121

QUEER ART INC