INTERNATIONAL VOCAL ARTS INSTITUTE INC

EIN: 510297350 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$110,450
Total Expenses
$106,167
Total Assets
$11,650
Net Assets
$11,650
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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
1986
Legal Domicile
NY
Principal Officer
Joan Dornemann
Phone
6462945511
Tax Period
2019-01-01 to 2019-12-31

INTERNATIONAL VOCAL ARTS INSTITUTE INC, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $110K in total revenue in fiscal year 2019. Revenue decreased 10% compared to the prior year. Expenses of $106K left a modest 4% surplus.

Mission

The goal of the organization is to assist young opera singers in their transition from student to performer.

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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 (2019)

Revenue Breakdown

Contributions & Grants $93,317
Program Service Revenue $17,133
Investment Income $0
Other Revenue $0
TOTAL REVENUE $110,450

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $86,136
Other Expenses $106,167
TOTAL EXPENSES $106,167

Year-over-Year Comparison

2019 2018 Change
Revenue $110,450 $122,132 -0.1%
Expenses $106,167 $133,477 -0.2%
Net Income $4,283 $-11,345 -1.4%
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
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Nadler President 0
Officer
$0 $0 $0
Joan Dornemann Artistic Director 0
Officer
$0 $0 $0
Jane Steele Treasurer 0
Officer
$0 $0 $0
Naomi Houminer Board Member 0
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
2019 $110,450 $106,167 $11,650 $4,283
2018 $122,132 $133,477 $7,366 $-11,345
2018 $122,132 $133,477 $7,366 $-11,345
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