ARTOLUTION INC (EIN 814062000) - 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

2016

Legal Domicile

Principal Officer

JOEL BERGNER

Phone

9178641997

Tax Period

2023-01-01 to 2023-12-31

ARTOLUTION INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $703K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

PROMOTION OF ARTS AND SOCIAL WELFARE THROUGH INTERNATIONAL, COMMUNITY-BASED ART PROJECTS TO ENGAGE MEMBERS OF THE COMMUNITY.

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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 $699,595

Program Service Revenue $0

Investment Income $168

Other Revenue $3,177

TOTAL REVENUE $702,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,683

Fundraising Expenses $43,685

Program Expenses $560,588

Other Expenses $483,420

TOTAL EXPENSES $698,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$702,940	$855,309	-0.2%
Expenses	$698,103	$855,787	-0.2%
Net Income	$4,837	$-478	-11.1%

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

$180,000

Total Directors

$180,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL BERGNER	CO-FOUNDER, CEO	42.00	Officer Director	$90,000	$0	$90,000
MAX FRIEDER	CO-FOUNDER, CHIEF CREATIVE OFFICER	42.00	Officer Director	$90,000	$0	$90,000
LAURA E BERK PHD	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELE DASTIN-VAN RIJN DIR AS	OF JAN. THEN BOARD CHAIR AS OF APRIL	2.00	Officer Director	$0	$0	$0
JENNIFER WU-SCHWAB DIRECTOR AS	OF APRIL, THEN TREASURER AS OF NOV.	1.00	Officer Director	$0	$0	$0
LARRY DUFF	TREASURER UNTIL OCTOBER	2.00	Officer Director	$0	$0	$0
KAT SHIELS	BOARD CHAIR UNTIL APRIL	2.00	Officer Director	$0	$0	$0
WAJMA RASUL	DIRECTOR AS OF NOVEMBER	1.00	Director	$0	$0	$0
ALESSANDRA BICHI	DIRECTOR UNTIL FEBRUARY	1.00	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
2024	No data	No data	No data	No data
2023	$702,940	$698,103	$201,467	$4,837
2022	$855,309	$855,787	$184,933	$-478
2021	$536,942	$636,954	$284,723	$-100,012
2020	$400,240	$713,785	$293,260	$-313,545
2019	$476,777	$811,590	$550,722	$-334,813
2018	$1,206,715	$382,904	$953,225	$823,811

ARTOLUTION INC