GIVE MUSIC INC

EIN: 043468467 501(c)(3) Arts, Culture & Humanities

SPRINGFIELD, MA

Total Revenue
$347,415
Total Expenses
$488,916
Total Assets
$139,278
Net Assets
$143,946
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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
1998
Legal Domicile
MA
Principal Officer
MICHAEL GRANT
Phone
4132189254
Tax Period
2024-07-01 to 2025-06-30

GIVE MUSIC INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $347K in total revenue in fiscal year 2024. Expenses of $489K exceeded revenue, resulting in a 41% operating deficit.

Mission

GIVE NBSP;MUSIC NBSP;INC NBSP;HELPS NBSP;THE NBSP;WORLD NBSP;EXPRESS NBSP;ITSELF

Program Service Accomplishments

Program 1
Expenses: $488,916 Revenue: $347,415

WE ARE INSTALLING MAINTAINING AND TRAINING ENTERTAINMENT EQUIPMENT USAGE AT DYS LOCKUP FACILITIES. WE INSTALL MAINTAIN AND TRAIN ENTERTAINMENT EQUIPMENT AT SCHOOLS AND CHURCHES. WE PROVIDE CONCERT...

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WE ARE INSTALLING MAINTAINING AND TRAINING ENTERTAINMENT EQUIPMENT USAGE AT DYS LOCKUP FACILITIES. WE INSTALL MAINTAIN AND TRAIN ENTERTAINMENT EQUIPMENT AT SCHOOLS AND CHURCHES. WE PROVIDE CONCERT PRODUCTION SERVICES FOR COMMUNITY EVENTS.

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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 $37,150
Program Service Revenue $383,696
Investment Income $0
Other Revenue $-73,431
TOTAL REVENUE $347,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,582
Fundraising Expenses $0
Program Expenses $488,916
Other Expenses $370,334
TOTAL EXPENSES $488,916

Year-over-Year Comparison

2024 2023 Change
Revenue $347,415 $355,640 0.0%
Expenses $488,916 $234,150 +1.1%
Net Income $-141,501 $121,490 -2.2%
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
5
Independent Members
4
Employees
5
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
2
$33,800
Total Directors
5
$33,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL D GRANT PRESIDENT 050.00
Officer Director
$33,800 $0 $33,800
ANTHONY ZALOWSKI TREASURER 001.00
Officer Director
$0 $0 $0
ROBERT FICARRA BOARD MEMBER 001.00
Director
$0 $0 $0
SHATEEQUA WATKINS BOARD MEMBER 001.00
Director
$0 $0 $0
ARIANNA WILSON BOARD MEMBER 001.00
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
2025 $347,415 $488,916 $139,278 $-141,501
2024 $355,640 $234,150 $278,747 $121,490
2023 $335,789 $156,917 $178,127 $178,872
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