BROOKLYN EXPERIMENTAL ART FOUNDATI… - 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

2024

Legal Domicile

Principal Officer

MASAKO SHIBA

Phone

7737644400

Tax Period

2024-01-01 to 2024-12-31

BROOKLYN EXPERIMENTAL ART FOUNDATION INC, founded in 2024, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $18K in total revenue in fiscal year 2024. Expenses of $31K exceeded revenue, resulting in a 76% operating deficit.

Mission

Brooklyn Experimental Arts Foundation (BEAF) is a New York based nonprofit organization dedicated to fostering cultural exchange and supporting new forms of creative practice. Expenses reflect program and administrative costs related to BEAFs residency and exhibition activties.

Program Service Accomplishments

Program 1

Expenses: $30,879 Revenue: $17,500

Brooklyn Experimental Arts Foundation (BEAF) is a New York based nonprofit organization dedicated to fostering cultural exchange and supporting new forms of creative practice. Expenses reflect...

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,000

Fundraising Expenses $0

Program Expenses $30,879

Other Expenses $19,879

TOTAL EXPENSES $30,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,500	N/A	N/A
Expenses	$30,879	N/A	N/A
Net Income	$-13,379	N/A	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
MASAKO SHIBA	PRESIDENT	40.00	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
2024	$17,500	$30,879	$-2,945	$-13,379

BROOKLYN EXPERIMENTAL ART FOUNDATION INC