The Quelbe Institute for the Preservatio n of Traditional Music and Dance Inc

EIN: 660841779 501(c)(3) Arts, Culture & Humanities

Christiansted, VI

Total Revenue
$225,527
Total Expenses
$42,221
Total Assets
$189,611
Net Assets
$189,611
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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
2015
Legal Domicile
VI
Phone
3407737282
Tax Period
2022-01-01 to 2022-12-31

The Quelbe Institute for the Preservatio n of Traditional Music and Dance Inc, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $226K in total revenue in fiscal year 2022. The organization ran a surplus of $183K, a strong 81% operating margin.

Mission

To research, study, analyze, record, archive, protect and promote the traditional music and dance of the United States Virgin Islands.

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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 $225,265
Program Service Revenue $0
Investment Income $262
Other Revenue $0
TOTAL REVENUE $225,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,951
Other Expenses $42,221
TOTAL EXPENSES $42,221

Year-over-Year Comparison

2022 2021 Change
Revenue $225,527 N/A N/A
Expenses $42,221 N/A N/A
Net Income $183,306 N/A N/A
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
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Rames President 0.00
Director
$0 $0 $0
Janis Rames Secretary 0.00
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 $225,527 $42,221 $189,611 $183,306
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