THE DINA RECANATI ART FOUNDATION LTD (EIN 981522783) - 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

2019

Principal Officer

ESTHER COHEN

Phone

2126262634

Tax Period

2023-01-01 to 2023-12-31

THE DINA RECANATI ART FOUNDATION LTD, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $461K in total revenue in fiscal year 2023. Revenue surged 137% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 33% operating margin.

Mission

THE DINA RECANATI ART FOUNDATION LTD WAS FORMED TO MAINTAIN AND PROTECT DINA RECANATI'S LEGACY AFTER HER DEATH BY OPERATING AN ART GALLERY IN ISRAEL THAT WOULD STORE, DISPLAY, AND LEND THE ARTWORK TO OTHER GALLERIES, MUSEUMS, AND FOUNDATIONS. THERE WILL BE NO FEES CHARGED FOR THESE SERVICES. IF THE FOUNDATION WERE TO SELL WORKS OF ART, ALL PROCEEDS WOULD BE USED FOR CHARITABLE AND/OR SOCIAL WELFARE PURPOSES.

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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 $328,907

Program Service Revenue $0

Investment Income $94,723

Other Revenue $37,770

TOTAL REVENUE $461,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $191,733

Other Expenses $309,244

TOTAL EXPENSES $309,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$461,400	$194,720	+1.4%
Expenses	$309,244	$246,525	+0.3%
Net Income	$152,156	$-51,805	-3.9%

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
MEIR HADAR	MANAGING DIRECTOR	10.00	Director	$0	$0	$0
ESTHER COHEN	SECRETARY/TREASURER	2.00	Officer	$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
2023	$461,400	$309,244	$2,969,325	$152,156
2022	$194,720	$246,525	$2,819,800	$-51,805
2021	$201,579	$181,816	$2,845,170	$19,763
2020	$3,026,045	$226,476	$2,843,779	$2,799,569

THE DINA RECANATI ART FOUNDATION LTD