Glyndebourne America Inc CO The Law Offices of Richard M Block

EIN: 842601503 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$479,191
Total Expenses
$650,640
Total Assets
$388,622
Net Assets
$388,622
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Phone
2127252404
Tax Period
2023-01-01 to 2023-12-31

Glyndebourne America Inc CO The Law Offices of Richard M Block, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $479K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $651K exceeded revenue, resulting in a 36% operating deficit.

Mission

GLYNDEBOURNE AMERICA INC. WAS ORGANIZED TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF GRANTS TO OPERA COMPANIES, PRIMARILY TO GLYNDEBOURNE PRODUCTIONS LTD. IN EAST SUSSEX, ENGLAND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $515,981
Program Service Revenue $0
Investment Income $2,255
Other Revenue $-39,045
TOTAL REVENUE $479,191

Expense Breakdown

Grants Paid $502,972
Salaries & Benefits $35,446
Fundraising Expenses $0
Program Expenses $502,972
Other Expenses $112,222
TOTAL EXPENSES $650,640

Year-over-Year Comparison

2023 2022 Change
Revenue $479,191 $635,432 -0.2%
Expenses $650,640 $241,933 +1.7%
Net Income $-171,449 $393,499 -1.4%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
3
$42,793
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD CHAIR/PRESIDENT 2.0
Officer Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A SECRETARY 2.0
Officer
$0 $0 $0
N/A TREASURER 5.0
Officer
$35,446 $0 $42,793
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 $479,191 $650,640 $388,622 $-171,449
2022 $635,432 $241,933 $560,104 $393,499
2021 $188,709 $105,719 $166,605 $82,990
2020 $221,870 $392,256 $83,615 $-170,386
2019 $294,901 $40,862 $254,039 $254,039
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