NEW YORK CONSERVATORY OF MUSIC INC

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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

2000

Legal Domicile

Principal Officer

JERZY STRYJNIAK

Phone

2127179590

Tax Period

2023-01-01 to 2023-12-31

NEW YORK CONSERVATORY OF MUSIC INC, founded in 2000, is a small nonprofit in the Education sector that reported $432K in total revenue in fiscal year 2023.

Mission

PROVIDE MUSIC LESSONS AND EDUCATION OF MUSIC AND ADMINISTER SCHOLARSHIPS.

Program Service Accomplishments

Program 1

Expenses: $161,066 Revenue: $405,631

PROVIDED MUSIC EDUCATION TO STUDENTS AND RECEIVERS OF SCHOLARSHIPS

Program 2

Expenses: $3,991

SCHOOL ANAGEMENT

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,900

Program Service Revenue $405,631

Investment Income $0

Other Revenue $0

TOTAL REVENUE $431,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,511

Fundraising Expenses $24,134

Program Expenses $385,115

Other Expenses $228,943

TOTAL EXPENSES $427,454

Year-over-Year Comparison

	2023	2022	Change
Revenue	$431,531	$402,507	+0.1%
Expenses	$427,454	$447,951	0.0%
Net Income	$4,077	$-45,444	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERZY STRYJNIAK	PRESIDENT	N/A	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	$431,531	$427,454	$28,213	$4,077
2022	$402,507	$447,951	$24,136	$-45,444
2021	$285,641	$237,595	$69,580	$48,046
2020	$263,572	$215,935	$21,534	$47,637
2019	$356,665	$325,593	$91,049	$31,072
2018	$382,129	$366,218	$159,977	$15,911