Artspace Century Endowment Fund Inc (EIN 462370652) - 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

2005

Legal Domicile

Principal Officer

Fred Odum

Phone

4192221721

Tax Period

2024-01-01 to 2024-12-31

Artspace Century Endowment Fund Inc, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $75K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $64K left a modest 14% surplus.

Mission

For the capital development and maintenance of Artspace Lima and to encourage the arts.

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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 (2024)

Revenue Breakdown

Contributions & Grants $225

Program Service Revenue $0

Investment Income $74,343

Other Revenue $0

TOTAL REVENUE $74,568

Expense Breakdown

Grants Paid $52,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,800

Other Expenses $11,367

TOTAL EXPENSES $64,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,568	$210,963	-0.6%
Expenses	$64,167	$65,176	0.0%
Net Income	$10,401	$145,787	-0.9%

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

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
Robert Fitzgerald	Trustee	1.00	Director	$0	$0	$0
Fred Odum	Trustee	1.00	Director	$0	$0	$0
Parker MacDonell	Trustee	1.00	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	$74,568	$64,167	$1,864,324	$10,401
2023	$210,963	$65,176	$1,727,685	$145,787
2022	$23,424	$97,012	$1,635,290	$-73,588
2021	$878,136	$67,077	$1,961,893	$811,059
2020	$1,064,200	$10,798	$1,593,625	$1,053,402

Artspace Century Endowment Fund Inc