New York, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The American Friends of the Moderna Museet Inc, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $572K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $644K exceeded revenue, resulting in a 13% operating deficit.
The organization has elected not to report works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service in its revenue statement and balance sheet. The organization prepares financial statements and has them reviewed or audited by an independent accountant only for years when it is required to do so by the applicable state law. Based upon the dollar amount of the organization's total support and revenue for 2023, requirement for a review has been met.
To encourage the appreciation and enjoyment of modern and contemporary art by supporting the charitable and educational activities of the Moderna Museet (a museum of modern and contemporary art...
To encourage the appreciation and enjoyment of modern and contemporary art by supporting the charitable and educational activities of the Moderna Museet (a museum of modern and contemporary art located in Stockholm, Sweden)
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $572,069 | $897,888 | -0.4% |
| Expenses | $644,203 | $821,667 | -0.2% |
| Net Income | $-72,134 | $76,221 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| Helena Skarstedt | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Per Skarstedt | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ake Skeppner | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Peggy Anderson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bjorn Konig | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Katarina Swanstrom | Secretary & Assistant Trea | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gitte Orskou | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Mack | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $572,069 | $644,203 | $157,436 | $-72,134 |
| 2022 | $897,888 | $821,667 | $229,570 | $76,221 |
| 2021 | $113,074 | $106,681 | $153,349 | $6,393 |
| 2020 | $90,225 | $235,329 | $146,956 | $-145,104 |
Compare The American Friends of the Moderna Museet Inc with other nonprofits in New York and across the country.