THE ID ART CENTER INC (EIN 473931963) - 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

2015

Legal Domicile

Principal Officer

RISA SHOUP

Tax Period

2023-01-01 to 2023-12-31

THE ID ART CENTER INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $877K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $845K left a modest 4% surplus.

Mission

TO PROVIDE INCREASED ACCESS TO AFFORDABLE CULTURAL PROGRAMMING FOR THE BROOKLYN COMMUNITY AND THE PUBLIC AT LARGE AND TO PROVIDE A COLLECTIVE, IMMERSIVE COMMUNITY FOR ARTISTS TO CREATE, COLLABORATE, DISPLAY AND SELL THEIR ARTWORK.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,906

Program Service Revenue $669,680

Investment Income $0

Other Revenue $151

TOTAL REVENUE $876,737

Expense Breakdown

Grants Paid $66,496

Salaries & Benefits $101,545

Fundraising Expenses $17,704

Program Expenses $713,279

Other Expenses $677,340

TOTAL EXPENSES $845,381

Year-over-Year Comparison

	2023	2022	Change
Revenue	$876,737	$702,209	+0.2%
Expenses	$845,381	$733,827	+0.2%
Net Income	$31,356	$-31,618	-2.0%

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

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

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUCIEN ZAYAN	EXECUTIVE DIRECTOR	50.00	Director	$60,000	$0	$60,000
HUGHES DE SAINT SIMON	DIRECTOR	4.00	Director	$0	$0	$0
VINCENT SAMA	DIRECTOR	4.00	Director	$0	$0	$0
RIMA ABDUL MALAK	DIRECTOR	4.00	Director	$0	$0	$0
RISA SHOUP	PRESIDENTTREASURER	4.00	Officer	$0	$0	$0
GISELA BLANC	SECRETARY	4.00	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
2024	No data	No data	No data	No data
2023	$876,737	$845,381	$264,010	$31,356
2022	$702,209	$733,827	$193,587	$-31,618
2021	$675,193	$623,047	$268,983	$52,146
2020	$450,246	$463,543	$172,918	$-13,297
2019	$453,022	$557,091	$159,820	$-104,069
2018	$713,088	$636,170	$248,005	$76,918

THE ID ART CENTER INC