Music for Youth Inc

EIN: 010746495 501(c)(3) Arts, Culture & Humanities

Westport, CT

Total Revenue
$275,632
Total Expenses
$82,468
Total Assets
$361,701
Net Assets
$358,506
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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
2002
Legal Domicile
CT
Principal Officer
Mary Beyer
Phone
2039402776
Tax Period
2018-01-01 to 2018-12-31

Music for Youth Inc, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $276K in total revenue in fiscal year 2018. Revenue surged 170% from the prior year, signaling strong growth momentum. The organization ran a surplus of $193K, a strong 70% operating margin.

Mission

See statement

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $267,057
Program Service Revenue $0
Investment Income $8,575
Other Revenue $0
TOTAL REVENUE $275,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,739
Fundraising Expenses $468
Program Expenses $62,933
Other Expenses $50,729
TOTAL EXPENSES $82,468

Year-over-Year Comparison

2018 2017 Change
Revenue $275,632 $101,970 +1.7%
Expenses $82,468 $81,014 +0.0%
Net Income $193,164 $20,956 +8.2%
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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
12

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
0
$0
Total Directors
3
$0
Key Employees
1
$26,250
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Beyer Executive Director 25.00
Key Emp
$26,250 $0 $26,250
Darwin Shen President 5.00
Director
$0 $0 $0
Jim Harman Treasurer 5.00
Director
$0 $0 $0
Mary Beyer Secretary 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
2018 $275,632 $82,468 $361,701 $193,164
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