AMERICAN FRIENDS OF LES ARTS FLORISSANTS INC

EIN: 453630514 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$2,154,443
Total Expenses
$2,490,258
Total Assets
$2,248,830
Net Assets
$2,216,907
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Principal Officer
FRANCOISE GIRARD
Phone
9173183407
Tax Period
2024-01-01 to 2024-12-31

AMERICAN FRIENDS OF LES ARTS FLORISSANTS INC, founded in 2011, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO SUPPORT THE PERFORMANCE AND EDUCATIONAL (continued on Schd O) ACTIVITIES OF LES ARTS FLORISSANTS(LAF)AND TO STRENGTHEN THE TIES BETWEEN LAF AND AMERICAN AUDIENCES, MUSICIANS AND SINGERS.

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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 $2,153,633
Program Service Revenue $0
Investment Income $810
Other Revenue $0
TOTAL REVENUE $2,154,443

Expense Breakdown

Grants Paid $2,290,706
Salaries & Benefits $0
Fundraising Expenses $57,304
Program Expenses $2,370,814
Other Expenses $199,552
TOTAL EXPENSES $2,490,258

Year-over-Year Comparison

2024 2023 Change
Revenue $2,154,443 $4,091,358 -0.5%
Expenses $2,490,258 $2,329,387 +0.1%
Net Income $-335,815 $1,761,971 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
9

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCOISE GIRARD CHAIR 4.00
Officer Director
$0 $0 $0
SUSAN BAKER TREASURER 4.00
Officer Director
$0 $0 $0
SYDNEY HOUGHTON WEINBERG SECRETARY 4.00
Officer Director
$0 $0 $0
NIZAM P KETTANEH BOARD MEMBER 4.00
Director
$0 $0 $0
PAUL LECLERC BOARD MEMBER 4.00
Director
$0 $0 $0
HELEN LITTLE BOARD MEMBER 4.00
Director
$0 $0 $0
CHARLES PRICE BOARD MEMBER 4.00
Director
$0 $0 $0
BERNARD SELZ BOARD MEMBER 4.00
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
2024 $2,154,443 $2,490,258 $2,248,830 $-335,815
2023 $4,091,358 $2,329,387 $3,010,562 $1,761,971
2022 $2,175,601 $1,606,753 $1,150,421 $568,848
2021 $2,546,808 $3,172,737 $1,107,997 $-625,929
2020 $1,296,184 $1,324,998 $851,365 $-28,814
2019 $1,182,611 $850,268 $877,203 $332,343
2018 $1,569,412 $1,544,434 $547,899 $24,978
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