COMMUNITY MUSICWORKS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

SEBASTIAN RUTH

Phone

4018615650

Tax Period

2024-07-01 to 2025-06-30

COMMUNITY MUSICWORKS, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 44% operating deficit.

Mission

PURPOSE OF COMMUNITY MUSICWORKS ("CMW") IS TO CREATE A COHESIVE URBAN COMMUNITY THROUGH MUSIC EDUCATION AND PERFORMANCE THAT TRANSFORMS THE LIVES OF CHILDREN, FAMILIES, AND MUSICIANS. RESIDENT MUSICIANS TEACH, PERFORM AND FOSTER COMMUNITY IN THE WEST END OF PROVIDENCE, RI.

Program Service Accomplishments

Program 1

Expenses: $2,313,846 Revenue: $28,480

A COMMUNITY MUSIC ORGANIZATION THAT EMPHAISIZES MUSIC EDUCATION AND SOCIAL JUSTICE PROGRAMS FOR YOUTH AND ADULTS IN UNDERSERVED NEIGHBORHOODS OF PROVIDENCE, RI. COMMUNITY MUSIC WORKS HELD...

A COMMUNITY MUSIC ORGANIZATION THAT EMPHAISIZES MUSIC EDUCATION AND SOCIAL JUSTICE PROGRAMS FOR YOUTH AND ADULTS IN UNDERSERVED NEIGHBORHOODS OF PROVIDENCE, RI. COMMUNITY MUSIC WORKS HELD APPROXIMATELY 25 FREE OF CHARGE CONCERTS IN THE FISCAL YEAR 2025 AND SERVED APPROXIMATELY 150 CHILDREN AGES 7 TO 18 WITH A FREE AFTER-SCHOOL MUSIC EDUCATION PROGRAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,349,623

Program Service Revenue $28,480

Investment Income $565,748

Other Revenue $0

TOTAL REVENUE $1,943,851

Expense Breakdown

Grants Paid $383,191

Salaries & Benefits $1,360,337

Fundraising Expenses $201,004

Program Expenses $2,313,846

Other Expenses $1,061,800

TOTAL EXPENSES $2,805,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,943,851	$13,256,097	-0.9%
Expenses	$2,805,328	$3,743,810	-0.3%
Net Income	$-861,477	$9,512,287	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$196,006

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAMIRO ENCIZO	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY COPP	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHY CHERY	TREASURER	1.00	Officer Director	$0	$0	$0
DORIS DE LOS SANTOS	SECRETARY	1.00	Officer Director	$0	$0	$0
MORAYO AKANDE	TRUSTEE	1.00	Director	$0	$0	$0
ABIGAIL BORCHERS	TRUSTEE	1.00	Director	$0	$0	$0
DAVID BOURNS	TRUSTEE	1.00	Director	$0	$0	$0
MANUEL CARBUCCIA	TRUSTEE	1.00	Director	$0	$0	$0
CATHERINE CHUNG	TRUSTEE	1.00	Director	$0	$0	$0
ENZA CUCITRONE	TRUSTEE	1.00	Director	$0	$0	$0
GUENEVIEVE DEL MUNDO	TRUSTEE	1.00	Director	$0	$0	$0
JOHN ENG-WONG	TRUSTEE	1.00	Director	$0	$0	$0
LANA GLOVACH	TRUSTEE	1.00	Director	$0	$0	$0
ALEXANDER JIMENEZ	TRUSTEE	1.00	Director	$0	$0	$0
CESAR MENDEZ	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN MERTES	TRUSTEE	1.00	Director	$0	$0	$0
DOMINIC MOLON	TRUSTEE	1.00	Director	$0	$0	$0
NATASHA ROSARIO DECHAMBEAU	TRUSTEE	1.00	Director	$0	$0	$0
ZULEIKA VIDAL	TRUSTEE	1.00	Director	$0	$0	$0
MARGOT WARNER	TRUSTEE	1.00	Director	$0	$0	$0
JANSON WU	TRUSTEE	1.00	Director	$0	$0	$0
SEBASTIAN RUTH	FOUNDER & ARTISTIC DIRECTOR	40.00	Officer	$89,357	$9,324	$98,681
KELLY REED	MANAGING DIRECTOR	40.00	Officer	$94,937	$2,388	$97,325

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	$1,943,851	$2,805,328	$24,151,327	$-861,477
2024	$13,256,097	$3,743,810	$24,945,889	$9,512,287
2023	$2,362,714	$6,262,968	$15,652,556	$-3,900,254
2022	$7,099,115	$1,388,007	$14,725,810	$5,711,108
2021	$5,168,401	$1,285,295	$8,955,313	$3,883,106
2020	$2,139,320	$1,343,293	$4,961,937	$796,027
2019	$4,088,741	$1,351,972	$4,187,053	$2,736,769