Venetian Arts Society Inc

EIN: 453123931 501(c)(3) Arts, Culture & Humanities

Fort Lauderdale, FL

Total Revenue
$200,256
Total Expenses
$197,172
Total Assets
$4,970
Net Assets
$4,970
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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
2011
Legal Domicile
FL
Principal Officer
William Riddle
Phone
9547097447
Tax Period
2024-01-01 to 2024-12-31

Venetian Arts Society Inc, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Committed to nurturing the emotional and spiritual well-being of our diverse community, through thought provoking, and elightening experiences.

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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 $182,988
Program Service Revenue $17,268
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,846
Fundraising Expenses $0
Program Expenses $173,470
Other Expenses $162,326
TOTAL EXPENSES $197,172

Year-over-Year Comparison

2024 2023 Change
Revenue $200,256 $220,306 -0.1%
Expenses $197,172 $218,457 -0.1%
Net Income $3,084 $1,849 +0.7%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
1
$14,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Riddle Executive Director 40.00
Director
$14,400 $0 $14,400
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 $200,256 $197,172 $4,970 $3,084
2023 $220,306 $218,457 $1,886 $1,849
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