MUSEO DE ARTE DE PUERTO RICO INC

EIN: 660537284 501(c)(3) Arts, Culture & Humanities

SAN JUAN, PR

Total Revenue
$6,010,331
Total Expenses
$5,993,835
Total Assets
$36,597,366
Net Assets
$12,926,071
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
PR
Principal Officer
MARIA CRISTINA GAZTAMBIDE
Phone
7879776277
Tax Period
2022-07-01 to 2023-06-30

MUSEO DE ARTE DE PUERTO RICO INC, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.0M in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $12.9M represent 26 months of operating reserves.

Mission

OPERATING AN ART MUSEUM THAT PROMOTES THE KNOWLEDGE AND APPRECIATION OF THE VISUAL ARTS IN PUERTO RICO.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,039,960
Program Service Revenue $915,898
Investment Income $352,535
Other Revenue $701,938
TOTAL REVENUE $6,010,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $961,146
Fundraising Expenses $239,083
Program Expenses $1,113,924
Other Expenses $5,032,689
TOTAL EXPENSES $5,993,835

Year-over-Year Comparison

2022 2021 Change
Revenue $6,010,331 $7,565,098 -0.2%
Expenses $5,993,835 $6,271,571 0.0%
Net Income $16,496 $1,293,527 -1.0%
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
20
Independent Members
20
Employees
25
Volunteers
81

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
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUAN A LARREA FRENCH PRESIDENT N/A
Officer Director
$0 $0 $0
VERONICA VISO VICE-PRESIDE N/A
Officer Director
$0 $0 $0
MELBA I ACOSTA FEBO TREASURER N/A
Officer Director
$0 $0 $0
GLORIA BENITEZ SECRETARY N/A
Officer Director
$0 $0 $0
FERNANDO R BATLLE TRUSTEE N/A
Director
$0 $0 $0
JOHN T BELK III TRUSTEE N/A
Director
$0 $0 $0
RENE DE LA CRUZ TRUSTEE N/A
Director
$0 $0 $0
EDUARDO R EMANUELLI TRUSTEE N/A
Director
$0 $0 $0
DIEGO R FIGUEROA TRUSTEE N/A
Director
$0 $0 $0
JAN MADURO TRUSTEE N/A
Director
$0 $0 $0
BERTITA J MARTINEZ TRUSTEE N/A
Director
$0 $0 $0
GILBERTO MARXUACH TRUSTEE N/A
Director
$0 $0 $0
GILBERTO MONZON TRUSTEE N/A
Director
$0 $0 $0
MARIAM NOBLE GUILLEMARD TRUSTEE N/A
Director
$0 $0 $0
GUILLERMO PAZ TRUSTEE N/A
Director
$0 $0 $0
JOSE DOMINGO PEREZ TRUSTEE N/A
Director
$0 $0 $0
LILLIAN RAMOS ALCOVER TRUSTEE N/A
Director
$0 $0 $0
CESAR REYES LABORDE TRUSTEE N/A
Director
$0 $0 $0
MARCOS RODRIGUEZ-EMA TRUSTEE N/A
Director
$0 $0 $0
IGNACIO LOPEZ TRUSTEE N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $6,010,331 $5,993,835 $36,597,366 $16,496
2022 $7,565,098 $6,271,571 $17,840,370 $1,293,527
2021 $12,056,922 $4,363,389 $17,259,723 $7,693,533
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