Brooklyn, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PHAROS THE INTERNATIONAL PHOTO ARCHIVES ASSOCIATION, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $344K in total revenue in fiscal year 2023. Revenue surged 879% from the prior year, signaling strong growth momentum. Expenses of $324K left a modest 6% surplus.
To create and maintain a free digital research platform allowing for comprehensive access to art historical photo archive images and their scholarly documentation.
Maintenance of the online platform (not yet public) for access to members' photo archive collections, The goal is to create an online resource, searchable by all, that houses the photo archive...
Maintenance of the online platform (not yet public) for access to members' photo archive collections, The goal is to create an online resource, searchable by all, that houses the photo archive collections of member institutions and the work on this online platform began in 2023. Expenses include web services and server fees, fees to contractors for site maintenance, troubleshooting, and fees to the Executive Director of the Association, who manages and oversees all activities.
Development of major aspects of the PHAROS database -- structure and performance. Programming in the following areas: data transformation, application management, front-end development. This work was...
Development of major aspects of the PHAROS database -- structure and performance. Programming in the following areas: data transformation, application management, front-end development. This work was accomplished due to a grant from the Max Planck Institute for Art History, Rome, Italy, for 230,000 Euros (estimated conversion to $248,917 based on the average exchange rate in 2023 as reported at https://www.irs.gov/individuals/international-taxpayers/year).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $343,867 | $35,135 | +8.8% |
| Expenses | $324,426 | N/A | N/A |
| Net Income | $19,441 | $35,135 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Louisa Wood Ruby | Executive director | 25 |
Director
|
$33,405 | $0 | $33,405 |
| Gregory P J Most | President, Board Member | 10 |
Officer
|
$0 | $0 | $0 |
| Kraig Binkowski | Treasurer, Board Member | 8 |
Officer
|
$0 | $0 | $0 |
| Rembrandt Duits | Secretary, Board Member | 4 |
Officer
|
$0 | $0 | $0 |
| Andrea Bacchi | Board Member | 1 |
|
$0 | $0 | $0 |
| Daniel Boomhower | Board Member | 1 |
|
$0 | $0 | $0 |
| Reinier van t Zelfde | Board Member | 1 |
|
$0 | $0 | $0 |
| Tom Scutt | Board Member | 1 |
|
$0 | $0 | $0 |
| Hubert Locher | Board Member | 1 |
|
$0 | $0 | $0 |
| Costanza Caraffa | Board Member | 1 |
|
$0 | $0 | $0 |
| Jerome Delatour | Board Member | 1 |
|
$0 | $0 | $0 |
| Michael Rocke | Board Member | 1 |
|
$0 | $0 | $0 |
| Ann Harrison | Board Member | 1 |
|
$0 | $0 | $0 |
| Anastasia Levades | Board Member | 1 |
|
$0 | $0 | $0 |
| Johannes Roell | Board Member | 1 |
|
$0 | $0 | $0 |
| Tom Bilson | Board Member | 1 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $343,867 | $324,426 | $54,676 | $19,441 |
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