The Current Museum of Art

EIN: 812540118 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$49,360
Total Expenses
$183,847
Total Assets
$34,160
Net Assets
$34,160
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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
2016
Legal Domicile
NY
Principal Officer
ANGELA REDAI
Phone
7328281614
Tax Period
2018-01-01 to 2018-12-31

The Current Museum of Art, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $49K in total revenue in fiscal year 2018. Revenue surged 2228% from the prior year, signaling strong growth momentum. Expenses of $184K exceeded revenue, resulting in a 272% operating deficit.

Mission

To inspire wonder, support creators, and Examine the role of museums through the exhibition, scholarship, and preservation of artistic works that engage technology.

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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 (2018)

Revenue Breakdown

Contributions & Grants $49,001
Program Service Revenue $0
Investment Income $359
Other Revenue $0
TOTAL REVENUE $49,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $171,266
Other Expenses $183,847
TOTAL EXPENSES $183,847

Year-over-Year Comparison

2018 2017 Change
Revenue $49,360 $2,120 +22.3%
Expenses $183,847 $70,602 +1.6%
Net Income $-134,487 $-68,482 +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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Nathan Chairman/trustee 40.0
Officer Director
$0 $0 $0
Ben Fino-Radin Trustee 1.0
Director
$0 $0 $0
Virginia Heffernan trustee 1.0
Director
$0 $0 $0
Alice Lloyd George Trustee 1.0
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
2018 $49,360 $183,847 $34,160 $-134,487
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