INTERART FORUM INC (EIN 871502968) - 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

2021

Legal Domicile

Principal Officer

LOUIS M PERLMAN

Phone

2122238291

Tax Period

2023-01-01 to 2023-12-31

INTERART FORUM INC, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $24K in total revenue in fiscal year 2023. Expenses of $22K left a modest 9% surplus.

Mission

THE INTERART FORUM'S GOAL IS TO MAKE A MEANINGFUL CONTRIBUTION TO SOCIAL COHESION BY ENCOURAGING AN APPRECIATION OF THE POSITIVE AND VALUABLE CONTRIBUTION OF ART AND RELIGION FROM ALL CULTURES TO LOCAL AND GLOBAL COMMUNITIES.

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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 $24,366

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $22,160

TOTAL EXPENSES $22,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,366	N/A	N/A
Expenses	$22,160	N/A	N/A
Net Income	$2,206	$0	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
LOUIS M PERLMAN	PRESIDENT	1.00	Director	$0	$0	$0
ROBERT A ARONOV	DIRECTOR	1.00	Director	$0	$0	$0
SUNG WON KIM	DIRECTOR	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	$24,366	$22,160	$692,206	$2,206
2022	No data	No data	$690,000	No data
2021	$690,000	No data	$690,000	No data

INTERART FORUM INC