VISUAL ART LIBRARY INC (EIN 454724538) - 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

Legal Domicile

Principal Officer

GEORGE H WATERMAN

Phone

9175134663

Tax Period

2022-01-01 to 2022-12-31

VISUAL ART LIBRARY INC is a small nonprofit in the Education sector that reported $216K in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $122K, a strong 57% operating margin.

Mission

A RESEARCH LIBRARY FOR CONTEMPORARY ART WORLDWIDEWIDE

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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 (2022)

Revenue Breakdown

Contributions & Grants $216,337

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $216,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,317

Other Expenses $93,846

TOTAL EXPENSES $93,846

Year-over-Year Comparison

	2022	2021	Change
Revenue	$216,337	$185,025	+0.2%
Expenses	$93,846	$78,697	+0.2%
Net Income	$122,491	$106,328	+0.2%

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

N/A

Employees

N/A

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
SUSAN P FIRESTONE	Director	1.00	Director	$0	$0	$0
JORIE M WATERMAN	Director	1.00	Director	$0	$0	$0
GWENDOLYN WEST	Director	1.00	Director	$0	$0	$0
GEORGE H WATERMAN	President/Treas	10.00	Officer	$0	$0	$0
SUSAN WATERMAN	Secretary	1.00	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
2022	$216,337	$93,846	$230,485	$122,491

VISUAL ART LIBRARY INC