PALM BEACH INSTITUTE FOR THE ENTERTAINMENT ARTS (EIN 650899249) - 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

1999

Legal Domicile

Principal Officer

BARRY KRAMER

Phone

5613851584

Tax Period

2022-01-01 to 2022-12-31

PALM BEACH INSTITUTE FOR THE ENTERTAINMENT ARTS, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2022. Expenses of $74K exceeded revenue, resulting in a 37% operating deficit.

Mission

PRESERVE HISTORY OF FILM MAKING INDUSTRY IN FLORIDA AND PROVIDE INFORMATION RELATED TO ADVANCES IN THE FLORIDA FILM MAKING INDUSTRY

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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 (2022)

Revenue Breakdown

Contributions & Grants $46,424

Program Service Revenue $7,759

Investment Income $1

Other Revenue $0

TOTAL REVENUE $54,184

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,055

Other Expenses $74,055

TOTAL EXPENSES $74,055

Year-over-Year Comparison

	2022	2021	Change
Revenue	$54,184	$56,059	0.0%
Expenses	$74,055	$57,496	+0.3%
Net Income	$-19,871	$-1,437	+12.8%

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

N/A

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY KRAMER	CHAIRMAN	5.00	Director	$0	$0	$0
MICHAEL CARBONE	DIRECTOR	1.00	Director	$0	$0	$0
MARK RISHER	DIRECTOR	1.00	Director	$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
2022	$54,184	$74,055	$26,330	$-19,871
2021	$56,059	$57,496	$46,401	$-1,437
2020	$41,037	$44,747	$22,106	$-3,710
2018	$44,930	$59,567	$15,777	$-14,637

PALM BEACH INSTITUTE FOR THE ENTERTAINMENT ARTS