ELIZABETH, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE INSTITUTE OF MUSIC FOR CHILDREN INC, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 52% operating margin.
TO ENGAGE CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS.
THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. GUIDED BY ITS VISION...
THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. GUIDED BY ITS VISION OF H.A.R.M.O.N.Y. - HELPING ACHIEVE RESPONSIBLE, MOTIVATED, OPTIMISTIC, NEIGHBORHOOD YOUTH - THE INSTITUTE IS BUILDING A COMMUNITY OF HIGH-ACHIEVING CITIZENS WHO ARE ARTS LOVERS AND ARTS MAKERS THROUGH PROFESSIONAL INSTRUCTION, MENTORSHIP, AND FAMILY ENGAGEMENT. OVER 1,500 YOUTH ANNUALLY ARE PROVIDED WITH ECONOMICALLY ACCESSIBLE, HIGH- QUALITY ARTS TRAINING IN AN INSPIRING AND NURTURING ENVIRONMENT. GUIDED BY THE BELIEF THAT ALL CHILDREN DESERVE ACCESS TO THE BENEFITS OF THE ARTS, NO STUDENT IS EVER TURNED AWAY BASED ON FINANCIAL NEED. CORE PROGRAMS ARTS EDUCATION SERVICES OFFERED: WE PROVIDE MORE THAN 40 ART FORMS IN A WIDE RANGE OF PERFORMING, VISUAL AND MEDIA ARTS, ALONG WITH ADDITIONAL PROGRAMMING THAT INCLUDES CULINARY, KARATE, YOGA AND MORE. OUR CORE PROGRAMS INCLUDE: - THE AFTERSCHOOL ARTS INSTITUTE: OFFERS 12- OR 24-WEEKS OF PRIVATE AND GROUP INSTRUCTION FROM OCTOBER-MAY FOR OVER 375 STUDENTS AGES 5-18. THIS PROGRAM FEATURES OUR SIGNATURE, TEEN ARTS NIGHT. - THE SUMMER ARTS INSTITUTE: IMMERSES 250 YOUNG PEOPLE IN AT LEAST EIGHT ART FORMS EACH DAY. THE PROGRAM RUNS FOR SIX WEEKS. - THE COMMUNITY INSTITUTE: DEVELOPS COLLABORATIVE ARTIST RESIDENCIES FOR SCHOOLS, JUVENILE DETENTION CENTERS, BEHAVIORAL HEALTH SETTINGS, AND OTHER COMMUNITY SPACES. - YOUTH LEADER JOB TRAINING AND READINESS PROGRAM: EMPLOYS 45-50 TEENS TO RECEIVE ON-THE-JOB TRAINING THROUGHOUT ALL INSTITUTE FUNCTIONS. THEY ACT AS MENTORS, WORK EVENTS, PROVIDE TOURS, MANAGE OUR SOCIAL MEDIA AND PROVIDE SUPPORT IN NEARLY EVERY INSTITUTE FUNCTION. KEY ACCOMPLISHMENTS 1.GROWN TO SERVE MORE THAN 1,500 CHILDREN EACH YEAR UTILIZING MORE THAN 40 ART FORMS AND OFFERING PROFESSIONAL INSTRUCTION BY ESTABLISHED WORKING ARTISTS FROM AROUND THE WORLD. 2.ESTABLISHED BI-LINGUAL STAFF OF ADMINISTRATORS, FACULTY AND YOUTH LEADERS. 3.RAISED MORE THAN 7 MILLION FOR OUR UPCOMING CAMPUS EXPANSION PROJECT, SCHEDULED TO BREAK GROUND IN 2026. 4.RECEIVED FIVE CITATIONS OF EXCELLENCE FROM THE NEW JERSEY STATE COUNCIL ON THE ARTS. 5.ACCESSED PRESTIGIOUS NATIONAL FUNDING FROM THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, THE US DEPARTMENT OF EDUCATION, THE NATIONAL ENDOWMENT FOR THE ARTS, THE NONPROFIT FINANCE FUND, NEW YORK LIFE AND THE LEWIS PRIZE FOR MUSIC (SEMI-FINALIST). 6.JOINED THE CONSORTIUM OF COMMUNITY-BASED PROVIDERS TO BRING ARTS RESIDENCIES TO JUVENILE DETENTION CENTERS ACROSS THE STATE. 7.AWARDED AN IMPACT 100 - GARDEN STATE GRANT TO EXPAND OUR PROGRAMMING FOR YOUTH WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES, AS WELL AS THOSE WITH SEVERE TRAUMA. 8.PRESENTED OUR EQUITY WORK AT STATEWIDE CONFERENCES AND CONVENINGS IN THE ARTS AND YOUTH DEVELOPMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,975,015 | $2,404,769 | +0.7% |
| Expenses | $1,922,425 | $1,652,037 | +0.2% |
| Net Income | $2,052,590 | $752,732 | +1.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BETTY PREZZY BRYANT | PRESIDENT/TR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES MICHAEL JONES | VICE-PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN BAGBY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RONALD THOMPSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISABEL ESPINOZA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTORIA FERNANDEZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RAQUEL GUERRA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA MAHABIR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| REV DR BETTY TOM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LATASHA CASTERLOW-LALLA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAVIER ORELLANA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALYSIA SOUDER | EXECUTIVE DI | 50.00 |
Officer
|
$111,241 | $15,500 | $126,741 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,975,015 | $1,922,425 | $12,428,624 | $2,052,590 |
| 2024 | $2,404,769 | $1,652,037 | $9,014,870 | $752,732 |
| 2023 | $1,424,585 | $1,494,267 | $5,889,225 | $-69,682 |
| 2022 | $1,328,232 | $1,104,705 | $5,863,043 | $223,527 |
| 2021 | $6,114,164 | $1,131,603 | $5,939,318 | $4,982,561 |
| 2021 | $6,114,164 | $1,131,603 | $5,939,318 | $4,982,561 |
| 2020 | $878,894 | $746,441 | $935,950 | $132,453 |
| 2019 | $842,620 | $904,363 | $614,292 | $-61,743 |
| 2018 | $833,834 | $762,003 | $585,043 | $71,831 |
Compare THE INSTITUTE OF MUSIC FOR CHILDREN INC with other nonprofits in New Jersey and across the country.