The Art Institute of Tampa LLC (EIN 821504077) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

The Art Institute of Tampa LLC, founded in 2017, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $5.3M exceeded revenue, resulting in a 69% operating deficit.

Mission

SEE SCH O

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,500

Program Service Revenue $3,154,733

Investment Income $275

Other Revenue $8,316

TOTAL REVENUE $3,168,824

Expense Breakdown

Grants Paid $467,470

Salaries & Benefits $389,050

Fundraising Expenses $0

Program Expenses $1,286,744

Other Expenses $4,490,981

TOTAL EXPENSES $5,347,501

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,168,824	$9,046,914	-0.6%
Expenses	$5,347,501	$6,985,892	-0.2%
Net Income	$-2,178,677	$2,061,022	-2.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$917,695

Total Directors

$618,621

Key Employees

$100,616

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDE BROWN	FORMER CHANCELLORCEO	5.00	Officer Director	$0	$11,357	$348,004
DENIS YEVSTIFEYEV	FORMER CHIEF FINANCIAL OFFICE	5.00	Officer	$0	$912	$200,046
LESLIE BAUGHMAN	FORMER SCHOOL PRESIDENT	15.00	Officer Director	$0	$14,196	$190,617
CLYDE TANNER	DEPARTMENT CHAIR - CULINARY	15.00	Key Emp	$100,227	$389	$100,616
WENDY BAKER	FORMER GENERAL COUNSEL	5.00	Officer	$0	$457	$99,028
FLORENCE TATE	CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$80,000
PAMELA DENICHILO	FORMER TRUSTEE	1.00	Director	$0	$0	$0
STEVEN WILBURN	FORMER TRUSTEE	1.00	Director	$0	$0	$0
TRISHA EARLS	BOARD CHAIRTRUSTEE	1.00	Director	$0	$0	$0
TONY DAMMICCI	FORMER TRUSTEE	1.00	Director	$0	$0	$0
MEGAN FARRELL	FORMER TRUSTEE	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
2023	$3,168,824	$5,347,501	No data	$-2,178,677
2022	$9,046,914	$6,985,892	$10,293,442	$2,061,022
2021	$7,482,401	$8,371,957	$1,885,748	$-889,556
2020	$7,939,556	$8,318,017	$2,211,551	$-378,461

The Art Institute of Tampa LLC