GOLDEN TONES INC

EIN: 043274268 501(c)(3) Arts, Culture & Humanities

NATICK, MA

Total Revenue
$113,303
Total Expenses
$112,697
Total Assets
$866,756
Net Assets
$866,756
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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
1995
Legal Domicile
MA
Principal Officer
RICHARD REPOSE
Phone
5083186318
Tax Period
2023-01-01 to 2023-12-31

GOLDEN TONES INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $113K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Net assets of $867K represent 92 months of operating reserves.

Mission

The chorus, which includes approximately 50 singing members and 10 nonsinging members, holds about 40 rehearsals and 40 performances annually.

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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 (2023)

Revenue Breakdown

Contributions & Grants $48,766
Program Service Revenue $3,110
Investment Income $37,114
Other Revenue $24,313
TOTAL REVENUE $113,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,453
Fundraising Expenses $0
Program Expenses $108,126
Other Expenses $48,244
TOTAL EXPENSES $112,697

Year-over-Year Comparison

2023 2022 Change
Revenue $113,303 $88,118 +0.3%
Expenses $112,697 $103,274 +0.1%
Net Income $606 $-15,156 -1.0%
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

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Governance

Voting Members
9
Independent Members
N/A
Employees
1
Volunteers
70

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
8
$0
Total Directors
1
$59,559
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Lee Marion Exec Director 40.00
Director
$59,559 $0 $59,559
Ellen King President/Clerk 20.00
Officer
$0 $0 $0
Carol O'Neill Vice President 20.00
Officer
$0 $0 $0
Richard Repose Treasurer 20.00
Officer
$0 $0 $0
Howard Blank Board Member 10.00
Officer
$0 $0 $0
Emily Collins Board Member 10.00
Officer
$0 $0 $0
Gerald Herlihy Board Member 10.00
Officer
$0 $0 $0
Diana Humphrey Board Member 10.00
Officer
$0 $0 $0
Ed Ringel Board Member 10.00
Officer
$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
2023 $113,303 $112,697 $866,756 $606
2022 $88,118 $103,274 $737,886 $-15,156
2021 $89,528 $98,081 $913,184 $-8,553
2020 $101,101 $94,553 $766,568 $6,548
2019 $168,749 $94,982 $679,140 $73,767
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