Downtown Doral Arts and Culture Fo… - Form 990 Financial Data

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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

2020

Legal Domicile

Principal Officer

Ana-Marie Codina Barlick

Phone

3055291300

Tax Period

2023-01-01 to 2023-12-31

Mission

THE MISSION OF THE FOUNDATION IS TO PROMOTE CULTURE, INCLUDING THE ARTS, MUSIC, THEATER AND SIMILAR ACTIVITIES TO THE COMMUNITY OF DORAL, FLORIDA.

Program Service Accomplishments

Program 1

Expenses: $762,178

The foundation sponsored the display of art in the City, primarily in public areas of the downtown area of the city. This included sculptures and installations, including lighting and digital art...

The foundation sponsored the display of art in the City, primarily in public areas of the downtown area of the city. This included sculptures and installations, including lighting and digital art installations. The foundation sponsored live performances of music, theater and dance. The City of Doral is constructing a new cultural center in its downtown area, adjacent to a public park which has a bandshell type structure.

Program 2

N/A

Program 3

N/A

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $575,945

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $762,178

Other Expenses $186,233

TOTAL EXPENSES $762,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$684,718	-1.0%
Expenses	$762,178	$199,415	+2.8%
Net Income	N/A	$485,303	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ana Marie Codina Barlick	President, Director	1.0	Officer Director	$0	$0	$0
Jeannette Acevedo Isenberg	Vice President, Director	1.0	Officer Director	$0	$0	$0
Joseph Furst	Director	1.0	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	No data	No data	No data	No data
2023	No data	$762,178	$8,372	No data
2022	$684,718	$199,415	$466,576	$485,303
2021	$534,987	$580,387	$117,494	$-45,400

Downtown Doral Arts and Culture Foundation Inc