Cambridge, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)47 Palmer Inc, founded in 1994, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024.
The mission of Passim is to provide truly exceptional and interactive live musical experiences for both performers and audiences, to nurture artists at all stages of their career, and to build a vibrant music community. We do so through our legendary listening venue, music school, artist grants and outreach programs. As a nonprofit since 1994, Passim carries on the heritage of our predecessors-the historic Club 47 (1958-1968) and for-profit Passim (1969-1994). We cultivate a diverse mix of musical traditions, where the emphasis is on the relationship between performers and audience and between teachers and students. Located in Harvard Square, Passim serves Cambridge and the broader region by featuring local, national and international artists. Our ultimate goal is to help the performance arts flourish and thereby enrich the lives of members of our community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,307,387 | $2,149,434 | +0.1% |
| Expenses | $2,403,266 | $2,234,339 | +0.1% |
| Net Income | $-95,879 | $-84,905 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James Patrick Kelly | Director & Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alice Bruce | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jaime D'Almeida | Director & Clerk | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chuck Honnet | Director & VP | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kemp Harris | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Caroline McCormick | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Mark Gillard | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kristina Latino | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Brian Berube | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Laurie Russell | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Melissa Ferrick | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Patty Katsaros | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Annie Bartlett | Director & Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rosi Amador | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,307,387 | $2,403,266 | $514,090 | $-95,879 |
| 2024 | $2,149,434 | $2,234,339 | $584,832 | $-84,905 |
| 2023 | $1,750,261 | $1,833,883 | $652,259 | $-83,622 |
| 2022 | $1,617,574 | $1,508,704 | $700,773 | $108,870 |
| 2021 | $1,044,646 | $907,753 | $735,824 | $136,893 |
| 2020 | $1,829,573 | $1,721,512 | $578,011 | $108,061 |
| 2019 | $1,725,447 | $1,745,892 | $386,742 | $-20,445 |
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