NEW HAVEN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARTE INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $316K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $270K left a modest 15% surplus.
ARTE INC. IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING LATINO ART, CULTURE AND EDUCATION.
ARTE SERVED OVER 2200 YOUTH AND FAMILIES IN THE COMMUNITY WITH EDUCATIONAL, ENRICHMENT, CULTURAL, AND ARTS PROGRAMMING. PROGRAMS TOOK PLACE YEAR-ROUND AND INCLUDE ASAP (AFTER-SCHOOL ACTIVITIES...
ARTE SERVED OVER 2200 YOUTH AND FAMILIES IN THE COMMUNITY WITH EDUCATIONAL, ENRICHMENT, CULTURAL, AND ARTS PROGRAMMING. PROGRAMS TOOK PLACE YEAR-ROUND AND INCLUDE ASAP (AFTER-SCHOOL ACTIVITIES PROGRAMS), ASA (SATURDAY ACADEMY), CULTURAL PROGRAMS AND EVENTS INCLUDED HISPANIC HERITAGE MONTH, VISITING ARTISTS, PERFORMANCES, AND HOSTING NHPS STUDENT ART EXHIBIT. ARTE HOSTED EVENTS IN SCHOOLS AND THE ATWATER SENIOR CENTER. TEACHERS, INSTRUCTORS, AND PRESENTERS ARE EMPLOYED TO EXECUTE PROGRAMS. ACCOMPLISHED HIGH SCHOOL AND COLLEGE STUDENTS ARE HIRED AS INSTRUCTORS AND VOLUNTEER AS HELPERS. ARTE MENTORS THESE YOUTH AND DEVELOPS THEIR SKILLS. ARTE PURCHASES ALL MATERIALS, INSTRUMENTS, SUPPLIES, AND SNACKS REQUIRED. ALL PROGRAMS AND EVENTS ARE FREE. ARTE'S HUMANITARIAN EFFORTS INCLUDED DISTRIBUTING GROCERY STORE GIFT CARDS, WINTER COATS AND WEAR, BACKPACKS, ART SUPPLIES, AND 35 BICYCLES. ARTE CELEBRATED IT'S 20TH YEAR ANNIVERSARY WITH EVENT IN OCTOBER 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $315,881 | $363,919 | -0.1% |
| Expenses | $269,784 | $255,423 | +0.1% |
| Net Income | $46,097 | $108,496 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL DIAZ | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AIDA CASANOVA | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARITZA ROSA | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISSETTE ANDINO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD STEPHEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LUIZ CASANOVA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GIOVANNA GUERRERO-MEDINA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MYRNA ROSA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GRECO | EXECUTIVE DIRECTOR | 60.00 |
Officer
|
$78,461 | $0 | $78,461 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $315,881 | $269,784 | $554,244 | $46,097 |
| 2024 | $363,919 | $255,423 | $507,876 | $108,496 |
| 2023 | $257,827 | $213,123 | $398,628 | $44,704 |
| 2022 | $266,555 | $169,607 | $353,608 | $96,948 |
| 2021 | $281,557 | $203,100 | $258,188 | $78,457 |
| 2019 | $207,104 | $191,542 | $151,717 | $15,562 |
| 2018 | $344,693 | $293,366 | $135,544 | $51,327 |
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