LONG ISLAND CITY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF MATERIALS FOR THE ARTS INC, founded in 1978, is a small nonprofit in the Arts, Culture & Humanities sector that reported $922K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.
PROVIDING NYC'S ARTS AND PUBLIC SCHOOL COMMUNITIES WITH EDUCATIONAL PROGRAMS AND MATERIALS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $922,354 | $1,022,482 | -0.1% |
| Expenses | $972,696 | $808,106 | +0.2% |
| Net Income | $-50,342 | $214,376 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| MATTIE BYRNEHEIM | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHIRLEY LEVY | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT JENKINS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GRAHAME T HUBBARD | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARLA AARON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISON ARDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIDGETT ARTISE | BOARD MEMBER THRU JAN 25 | 1.00 |
Director
|
$0 | $0 | $0 |
| LUKE HAYMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK DAVY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANELLE MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT A RESNICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW BRETT SEIKEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMIT SHAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YOLANDA SHASHATY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET WONG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TARA SANSONE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$47,500 | $0 | $47,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $922,354 | $972,696 | $1,166,450 | $-50,342 |
| 2024 | $1,022,482 | $808,106 | $1,156,523 | $214,376 |
| 2023 | $748,262 | $675,637 | $926,284 | $72,625 |
| 2022 | $740,140 | $600,417 | $835,783 | $139,723 |
| 2021 | $309,109 | $445,630 | $839,134 | $-136,521 |
| 2020 | $632,038 | $569,593 | $870,674 | $62,445 |
| 2019 | $688,122 | $658,075 | $809,885 | $30,047 |
| 2018 | $577,518 | $554,118 | $764,550 | $23,400 |
Compare FRIENDS OF MATERIALS FOR THE ARTS INC with other nonprofits in New York and across the country.