PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
THE 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. AT THE CENTER OF THIS MISSION ARE THE TEACHING, MENTORING, PROGRAM DESIGN, AND PERFORMANCE ACTIVITIES OF THE MUSICWORKS COLLECTIVE.
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 | $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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare COMMUNITY MUSICWORKS with other nonprofits in Rhode Island and across the country.