ART & ANTIQUITIES BLOCKCHAIN CONSORTIUM INC

EIN: 852744102 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$4,080
Total Expenses
$70,268
Total Assets
$35,421
Net Assets
$35,421
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Principal Officer
SUSAN DE MENIL
Phone
2125305887
Tax Period
2024-01-01 to 2024-12-31

ART & ANTIQUITIES BLOCKCHAIN CONSORTIUM INC, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $70K exceeded revenue, resulting in a 1622% operating deficit.

Mission

THE PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE TO ENGAGE IN SUCH EXCLUSIVELY CHARITABLE, EDUCATIONAL,SCIENTIFIC,OR RELIGIOUS ACTIVITIES OF ANY KIND OR NATURE WHATSOEVER AS QUALIFY IT FOR EXEMPTION FROM TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE")OR ANY SUCCESSOR SECTION OR STATUTE OF SIMILAR IMPORT, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C) (3) OF THE CODE &, IN PARTICULAR,THE CORPORATION, BELIEVING THAT CULTURAL ARTIFACTS, CULTURAL PROPERTY, & CULTURAL HERITAGE, INCLUDING BUT NOT LIMITED TO ANTIQUITIES, REQUIRE ENHANCED PROTECTION AGAINST FRAUD, MISUSE, & SECRECY, AIMS TO (1) DEVELOP A NEW OWNERSHIP OF CATALOGUING PARADIGM FOR SUCH OBJECTS DESIGNED TO ENHANCE PUBLIC ACCESS,PRESERVE & PROTECT PROVENANCE AND RELEVANT HISTORICAL FACTS, PROTECT CULTURAL STAKEHOLDERS, & ENHANCE LEARNING OPPORTUNITIES FOR ALL, (2)EDUCATE STAKEHOLDERS AS TO THE NEW PARADIGM & RELATED ISSUES OF LOOTING & ILLEGAL TRAFFICKING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,700
Program Service Revenue $0
Investment Income $380
Other Revenue $0
TOTAL REVENUE $4,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $63,925
Other Expenses $70,268
TOTAL EXPENSES $70,268

Year-over-Year Comparison

2024 2023 Change
Revenue $4,080 $111,259 -1.0%
Expenses $70,268 $14,963 +3.7%
Net Income $-66,188 $96,296 -1.7%
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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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
8
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANESSA GRELLET DIRECTOR 0.33
Director
$0 $0 $0
ANNE BRACEGIRDLE CO-PRES./DIRECTOR 0.33
Officer Director
$0 $0 $0
SUSAN DE MENIL CO-PRES./DIRECTOR 10.00
Officer Director
$0 $0 $0
MICHELLE GITLITZ TREASURER 0.33
Officer Director
$0 $0 $0
LENA SALTOS SECRETARY/DIRECTOR 0.33
Officer Director
$0 $0 $0
AMY WHITAKER CO-VICE-PRES/DIRECTOR 0.33
Officer Director
$0 $0 $0
FIONA GREENLAND CO-VICE-PRES/DIRECTOR 0.33
Officer Director
$0 $0 $0
DR CHERYL FINLEY DIRECTOR 0.33
Officer Director
$0 $0 $0
LEES ROMANO DIRECTOR 0.33
Officer 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 $4,080 $70,268 $35,421 $-66,188
2023 $111,259 $14,963 $101,609 $96,296
2022 $26,311 $20,998 $5,313 $5,313
2021 $49,369 $49,369 No data No data
2020 $3,674 $3,674 No data No data
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