CASCADE SCHOOL OF MUSIC (EIN 030409118) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Principal Officer

ROBERT LAMBETH

Phone

5413826866

Tax Period

2023-07-01 to 2024-06-30

CASCADE SCHOOL OF MUSIC, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 23% operating deficit.

Mission

TO ENRICH OUR COMMUNITY BY PROVIDING EXCEPTIONAL MUSIC EDUCATION AND EXPERIENCES FOR ALL CENTRAL OREGONIANS, BY BUIDING AN ACCESSIBLE, AFFORDABLE, LIFELONG ENGAGEMENT IN MUSIC.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $99,768

Program Service Revenue $915,381

Investment Income $1,187

Other Revenue $-5,878

TOTAL REVENUE $1,010,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $840,571

Fundraising Expenses $24,534

Program Expenses $1,151,056

Other Expenses $400,953

TOTAL EXPENSES $1,241,524

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,010,458	$1,338,754	-0.2%
Expenses	$1,241,524	$1,121,492	+0.1%
Net Income	$-231,066	$217,262	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$92,585

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT LAMBETH	EXECUTIVE DI	40.00	Officer	$87,083	$5,502	$92,585
JUDY HECK	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIP GLADDER	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
CHRISTIAN MALONE	TREASURER	0.25	Officer Director	$0	$0	$0
MELISSA BARNES DHOLAKIA	SECRETARY	0.25	Officer Director	$0	$0	$0
ELISA HUMPHREY	DIRECTOR	0.10	Director	$0	$0	$0
JEREMY DAVIDSON	DIRECTOR	0.10	Director	$0	$0	$0
RENEE GONZALEZ	DIRECTOR	0.10	Director	$0	$0	$0
LAURA HECK	DIRECTOR	0.10	Director	$0	$0	$0
RICK STILSON	DIRECTOR	0.10	Director	$0	$0	$0
RICH MCPHERSON	DIRECTOR	0.10	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	No data	No data	No data	No data
2024	$1,010,458	$1,241,524	$132,427	$-231,066
2023	$1,338,754	$1,121,492	$285,923	$217,262
2022	$799,214	$947,617	$156,496	$-148,403
2021	$872,604	$745,832	$235,528	$126,772
2020	$784,817	$804,554	$116,343	$-19,737
2019	$755,865	$795,635	$119,466	$-39,770

CASCADE SCHOOL OF MUSIC