AMERICAN FESTIVAL FOR THE ARTS (EIN 760460311) - 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

1993

Legal Domicile

Principal Officer

Amanda Fisher

Phone

7135229699

Tax Period

2023-08-01 to 2024-07-31

AMERICAN FESTIVAL FOR THE ARTS, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $855K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $952K exceeded revenue, resulting in a 11% operating deficit.

Mission

American Festival for the Arts (AFA) provides high quality community-based music education programs and performance opportunities designed primarily for youth and, through its concert series and outreach, seeks to broaden the audience for American works and the Classical music repertory.

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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 (2023)

Revenue Breakdown

Contributions & Grants $545,994

Program Service Revenue $310,127

Investment Income $426

Other Revenue $-1,059

TOTAL REVENUE $855,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $390,355

Fundraising Expenses $103,398

Program Expenses $677,452

Other Expenses $561,896

TOTAL EXPENSES $952,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$855,488	$760,554	+0.1%
Expenses	$952,251	$784,999	+0.2%
Net Income	$-96,763	$-24,445	+3.0%

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

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

Total Directors

Key Employees

$64,073

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Fisher	Executive Director	40	Key Emp	$64,073	$0	$64,073
Lenni Burke	Director	1	Director	$0	$0	$0
Cecil Conner	Director	1	Director	$0	$0	$0
Jackie Mazow	Director	1	Director	$0	$0	$0
Rodolfo Morales	Director	1	Director	$0	$0	$0
Bingiee Shiu	Director	1	Officer Director	$0	$0	$0
Patrick Mikkelsen	Director	1	Officer Director	$0	$0	$0
Gay Yellen	Director	1	Director	$0	$0	$0
Melanie Pang	Director	1	Director	$0	$0	$0
Jude Vaclavik	Director	1	Director	$0	$0	$0
Priscilla Rivas	Director	1	Director	$0	$0	$0
Michael Bernick	Director	1	Director	$0	$0	$0
Will Neuhaus	Director	1	Officer 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
2024	$855,488	$952,251	$535,188	$-96,763
2023	$760,554	$784,999	$593,795	$-24,445
2022	$769,414	$753,200	$596,525	$16,214
2021	$638,713	$652,919	$549,941	$-14,206

AMERICAN FESTIVAL FOR THE ARTS