THE INSTITUTE OF MUSIC FOR CHILDREN INC (EIN 020687805) - 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

2003

Legal Domicile

Principal Officer

ALYSIA SOUDER

Phone

9083525827

Tax Period

2024-10-01 to 2025-09-30

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.

Mission

TO ENGAGE CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS.

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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 $2,755,032

Program Service Revenue $1,066,447

Investment Income $112,724

Other Revenue $40,812

TOTAL REVENUE $3,975,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,448,083

Fundraising Expenses $70,072

Program Expenses $1,571,113

Other Expenses $474,342

TOTAL EXPENSES $1,922,425

Year-over-Year Comparison

	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%

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

111

Volunteers

100

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

$126,741

Total Directors

Key Employees

Highest Compensated

reported

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

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
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

THE INSTITUTE OF MUSIC FOR CHILDREN INC