PAKACHOAG MUSIC SCHOOL OF GREATER WORCESTER

EIN: 043029253 501(c)(3) Arts, Culture & Humanities

WORCESTER, MA

Total Revenue
$590,837
Total Expenses
$579,332
Total Assets
$598,800
Net Assets
$477,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MA
Principal Officer
JANAKI MONI
Phone
5087918159
Tax Period
2024-09-01 to 2025-08-31

PAKACHOAG MUSIC SCHOOL OF GREATER WORCESTER, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $591K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

PAKACHOAG MUSIC SCHOOL IS DEDICATED TO NURTURING MUSICAL JOURNEYS THAT CULTIVATE THE IMAGINATION, INSPIRE CREATIVITY, AND DEVELOP ARTISTRY FOR PERSONS OF EVERY AGE AND CULTURAL BACKGROUND. BY PROVIDING HIGH-QUALITY MUSIC EXPERIENCES, WE CHALLENGE STUDENTS TO STRETCH, TAKE RISKS, AND GAIN THE CONFIDENCE TO SUCCEED. THROUGH OUTREACH, PARTNERSHIP, AND FINANCIAL AID, WE WORK TO CREATE MORE EQUAL ACCESS.

Program Service Accomplishments

Program 1
Expenses: $268,496 Revenue: $265,390

PRIVATE MUSIC LESSONS, SUZUKI AND KEYBOARD CLASSES FOR STUDENTS RANGING IN AGE FROM 5 THROUGH 65+. THE PROGRAM LINKS WITH A STUDENT PERFORMANCE PROGRAM WHICH CONNECTS WITH ADDITIONAL ATTENDEES. THE...

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PRIVATE MUSIC LESSONS, SUZUKI AND KEYBOARD CLASSES FOR STUDENTS RANGING IN AGE FROM 5 THROUGH 65+. THE PROGRAM LINKS WITH A STUDENT PERFORMANCE PROGRAM WHICH CONNECTS WITH ADDITIONAL ATTENDEES. THE PERFORMANCE PROGRAM INCLUDES NO ADDITIONAL FEES BEYOND THE LESSON FEE.

Program 2
Expenses: $42,556 Revenue: $27,345

SUMMER PROGRAMS SERVED STUDENTS FOR LESSONS, EARLY CHILDHOOD SAMPLERS AND ENSEMBLES.

Program 3
Expenses: $9,821 Revenue: $9,054

EARLY CHILDHOOD MUSIC AND MOVEMENT CLASSES FOR CHILDREN AGED BIRTH THROUGH 5 YEARS OF AGE ACCOMPANIED BY A PARENT OR CARGIVER. THE SCHOOL IS A LICENSED PROVIDER OF THE MUSIC TOGETHER CURRICULUM, A...

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EARLY CHILDHOOD MUSIC AND MOVEMENT CLASSES FOR CHILDREN AGED BIRTH THROUGH 5 YEARS OF AGE ACCOMPANIED BY A PARENT OR CARGIVER. THE SCHOOL IS A LICENSED PROVIDER OF THE MUSIC TOGETHER CURRICULUM, A NATIONALLY BASED, RESEARCH DRIVEN, EARLY CHILDHOOD PROGRAM. CLASSES ARE ALSO OFFERED IN PARTNERSHIP WITH WORCESTER'S HANOVER THEATER CONSERVATORY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $275,251
Program Service Revenue $301,789
Investment Income $13,797
Other Revenue $0
TOTAL REVENUE $590,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $374,064
Fundraising Expenses $44,448
Program Expenses $320,873
Other Expenses $205,268
TOTAL EXPENSES $579,332

Year-over-Year Comparison

2024 2023 Change
Revenue $590,837 $418,001 +0.4%
Expenses $579,332 $516,448 +0.1%
Net Income $11,505 $-98,447 -1.1%
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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Governance

Voting Members
9
Independent Members
8
Employees
42
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
4
$27,372
Total Directors
9
$27,372
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARRYL CAFFEE ESQ TREASURER 3.00
Officer Director
$0 $0 $0
BARBARA GROVES DIRECTOR 1.00
Director
$0 $0 $0
GAVIN JONES SECRETARY 3.00
Officer Director
$0 $0 $0
JANAKI MONI PRESIDENT 3.00
Officer Director
$0 $0 $0
TOM SAUPE DIRECTOR 1.00
Director
$0 $0 $0
PHUC VO DIRECTOR 1.00
Director
$0 $0 $0
GAIL MORGAN DIRECTOR 1.00
Director
$0 $0 $0
KAREN MALONEY-HAGEL DIRECTOR 1.00
Director
$0 $0 $0
NICK ADAMS EXECUTIVE DIRECTOR 40.00
Officer Director
$27,372 $0 $27,372
KALLIN JOHNSON FORMER PRESIDENT 3.00
$10,250 $0 $10,250
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 $590,837 $579,332 $598,800 $11,505
2024 $418,001 $516,448 $629,105 $-98,447
2023 $619,190 $501,685 $758,642 $117,505
2022 $606,904 $471,098 $520,206 $135,806
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