CENTER FOR ITALIAN MODERN ART INC (EIN 462634158) - 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

2013

Legal Domicile

Principal Officer

LAURA MATTIOLI

Phone

6463703596

Tax Period

2024-01-01 to 2024-11-30

CENTER FOR ITALIAN MODERN ART INC, founded in 2013, is a small nonprofit that reported $876K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

PROMOTE THE STUDY OF MODERN & CONTEMPORARY ITALIAN ART & ADVANCE PUBLIC APPRECIATION OF THIS ART.

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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 $818,480

Program Service Revenue $10,692

Investment Income $0

Other Revenue $47,104

TOTAL REVENUE $876,276

Expense Breakdown

Grants Paid $37,500

Salaries & Benefits $305,550

Fundraising Expenses $36,666

Program Expenses $793,463

Other Expenses $562,899

TOTAL EXPENSES $905,949

Year-over-Year Comparison

	2024	2023	Change
Revenue	$876,276	$1,097,259	-0.2%
Expenses	$905,949	$1,156,144	-0.2%
Net Income	$-29,673	$-58,885	-0.5%

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

Volunteers

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

$97,918

Total Directors

$97,918

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA MATTIOLI	PRESIDENT	20.00	Officer Director	$0	$0	$0
NICOLA LUCCHI	EXECUTIVE DIRECTOR	40.00	Officer Director	$95,044	$2,874	$97,918
DAVID ISRAEL	DIRECTOR	1.00	Director	$0	$0	$0
NEIL PRINTZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SIDORSKY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LEIBER	DIRECTOR	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	$876,276	$905,949	No data	$-29,673
2023	$1,097,259	$1,156,144	$774,513	$-58,885
2022	$1,288,873	$1,292,537	$169,685	$-3,664
2021	$1,188,965	$1,178,333	$165,653	$10,632
2020	$682,443	$706,851	$105,821	$-24,408
2019	$945,210	$955,483	$134,220	$-10,273
2018	$1,017,706	$1,038,922	$179,564	$-21,216

CENTER FOR ITALIAN MODERN ART INC