FULCRUM POINT NEW MUSIC PROJECT (EIN 010552691) - 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

2001

Legal Domicile

Principal Officer

STEPHEN BURNS

Phone

7738758710

Tax Period

2024-01-01 to 2024-12-31

FULCRUM POINT NEW MUSIC PROJECT, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $284K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $261K left a modest 8% surplus.

Mission

DEDICATED TO CHAMPION DIVERSE NEW MUSIC, PRESENT MULTI-MEDIA PERFORMANCES, GENERATE EDUCATIONAL PROGRAMS AND COMMISSION OF INNOVATIVE WORKS.

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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 $271,593

Program Service Revenue $12,881

Investment Income $0

Other Revenue $18

TOTAL REVENUE $284,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,821

Fundraising Expenses $17,021

Program Expenses $208,035

Other Expenses $130,335

TOTAL EXPENSES $261,156

Year-over-Year Comparison

	2024	2023	Change
Revenue	$284,492	$232,388	+0.2%
Expenses	$261,156	$279,640	-0.1%
Net Income	$23,336	$-47,252	-1.5%

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

Volunteers

N/A

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
STEVE BYNUM	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
GUSTAVO LEONE	TREASURER	5.00	Officer Director	$0	$0	$0
VESNA MARKOVIC	PRESIDENT	5.00	Officer Director	$0	$0	$0
RIKA SEKO	TRUSTEE	5.00	Director	$0	$0	$0
VELJKO TRKULJA	TRUSTEE	5.00	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	$284,492	$261,156	$154,348	$23,336
2023	$232,388	$279,640	$137,998	$-47,252
2022	$325,915	$281,815	$185,883	$44,100
2021	$271,912	$255,179	$217,850	$16,733
2021	$346,912	$255,179	$217,850	$91,733
2020	$268,817	$201,519	$98,025	$67,298
2019	$314,587	$324,844	$5,363	$-10,257
2018	$302,680	$376,962	$20,749	$-74,282

FULCRUM POINT NEW MUSIC PROJECT