ARTE INC (EIN 542138181) - 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

2004

Legal Domicile

Principal Officer

DAVID S GRECO

Phone

2038049175

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

DEVELOP AND PROMOTE LATINO ART, CULTURE & EDUCATION. YOUTH & FAMILY PROGRAMS, SCHOLARSHIPS, CULTURAL EVENTS, EXHIBITS & ACTIVITIES.

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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 $151,742

Program Service Revenue $164,250

Investment Income $12,151

Other Revenue $-12,262

TOTAL REVENUE $315,881

Expense Breakdown

Grants Paid $8,300

Salaries & Benefits $194,974

Fundraising Expenses $8,275

Program Expenses $237,650

Other Expenses $66,510

TOTAL EXPENSES $269,784

Year-over-Year Comparison

	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%

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

$78,461

Total Directors

Key Employees

Highest Compensated

reported

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

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
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

ARTE INC