SOUTH HADLEY, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BERKSHIRE HILLS MUSIC ACADEMY INC, founded in 1999, is a community nonprofit in the Education sector that reported $5.7M in total revenue in fiscal year 2023. Expenses of $4.9M left a modest 15% surplus.
BHMA USES A COMPREHENSIVE PROGRAM WITH MUSIC AT ITS CORE TO HELP INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ADVANCE THEIR SKILLS FOR COMMUNICATION, INDEPENDENCE, AND EMPLOYMENT.
BHMA'S DAY AND RESIDENTIAL PROGRAM CONTINUES TO SUPPORT INDIVIDUALS WITH I/DD LIVING, WORKING AND LEARNING IN THE COMMUNITY. WE HAVE EXPANDED OUR RESIDENTIAL AND VOCATIONAL PROGRAMS TO INCLUDE SHARED...
BHMA'S DAY AND RESIDENTIAL PROGRAM CONTINUES TO SUPPORT INDIVIDUALS WITH I/DD LIVING, WORKING AND LEARNING IN THE COMMUNITY. WE HAVE EXPANDED OUR RESIDENTIAL AND VOCATIONAL PROGRAMS TO INCLUDE SHARED LIVING AND OUR ASCENDING ARTISTS. SERVED APPROXIMATELY 70 INDIVIDUALS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,719,005 | $5,433,631 | +0.1% |
| Expenses | $4,871,685 | $4,643,558 | +0.0% |
| Net Income | $847,320 | $790,073 | +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 |
|---|---|---|---|---|---|---|
| CAITLIN CROWE | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDY KROL | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSANNA PEYTON | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KAREN PHILIPS | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARY RICHARDSON | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH SCHEIBEL | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| VINCE A DABOUL | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLYN WARGER | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN BRZEZENSKI | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FORREST SPATCHER | CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE THEROUX | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$121,664 | $0 | $121,664 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $5,719,005 | $4,871,685 | $11,716,607 | $847,320 |
| 2023 | $5,433,631 | $4,643,558 | $10,975,473 | $790,073 |
| 2022 | $4,776,730 | $4,268,339 | $10,087,054 | $508,391 |
| 2021 | $4,865,646 | $3,755,836 | $9,534,823 | $1,109,810 |
| 2020 | $3,981,884 | $4,006,042 | $8,788,827 | $-24,158 |
| 2019 | $3,667,942 | $3,983,229 | $8,299,172 | $-315,287 |
Compare BERKSHIRE HILLS MUSIC ACADEMY INC with other nonprofits in Massachusetts and across the country.