88 International Corp

EIN: 475252543 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$171,603
Total Expenses
$104,004
Total Assets
$71,444
Net Assets
$71,444
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
Kimball Gallagher
Phone
9175337313
Tax Period
2024-01-01 to 2024-12-31

88 International Corp, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $172K in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 39% operating margin.

Mission

88 International's mission is to access the universality of music to bring together people from diverse backgrounds. We create and implement programs that inspire and empower each of us to become an active participant in delivering and appreciating music performance. We carry out our mission through education, engagement and entrepreneurship.

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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 $171,603
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $171,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,650
Fundraising Expenses $0
Program Expenses $85,682
Other Expenses $80,354
TOTAL EXPENSES $104,004

Year-over-Year Comparison

2024 2023 Change
Revenue $171,603 $77,592 +1.2%
Expenses $104,004 $107,242 0.0%
Net Income $67,599 $-29,650 -3.3%
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

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Governance

Voting Members
3
Independent Members
3
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
1
$23,650
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Rosensweig Director 1.00
Director
$0 $0 $0
Gabo Arora Director 1.00
Director
$0 $0 $0
Kimball Gallagher President 20.00
Officer
$23,650 $0 $23,650
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 $171,603 $104,004 $71,444 $67,599
2023 $77,592 $107,242 $3,845 $-29,650
2022 $101,848 $80,491 $33,495 $21,357
2021 $250,478 $260,599 $12,138 $-10,121
2020 $196,677 $193,508 $22,259 $3,169
2019 $188,459 $200,463 $19,090 $-12,004
2018 $37,139 $23,040 $31,094 $14,099
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