BUFFALO, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MUSIC IS ART, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $235K in total revenue in fiscal year 2025. Expenses of $215K left a modest 8% surplus.
THE MISSION OF MUSIC IS ART IS TO CREATE OPPORTUNITIES THAT FUEL THE UNIFYING POWER OF MUSIC IN OUR REGION.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $235,105 | $238,547 | 0.0% |
| Expenses | $215,354 | $234,464 | -0.1% |
| Net Income | $19,751 | $4,083 | +3.8% |
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 |
|---|---|---|---|---|---|---|
| RODERICK BONNER | BOARD MEMBER UNTIL 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL CASULLO | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LIZ COLOSIMO | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC CRITTENDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL FARROW | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL FILIP | BOARD MEMBER UNTIL 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIN GORMLEY | BOARD CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELIJAH HOOKS | BOARD MEMBER UNTIL 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC HUNT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF MIERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RISHON ODEL NORTHINGTON | BOARD MEMBER UNTIL 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY R PROCTOR | BOARD MEMBER UNTIL 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| ADRIENNE SALMON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB SILVESTRI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBBY TAKAC | FOUNDER AND PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM VARCO | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL AUDET | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY FLETCHER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$34,952 | $0 | $34,952 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $235,105 | $215,354 | $74,098 | $19,751 |
| 2024 | $238,547 | $234,464 | $54,347 | $4,083 |
| 2023 | $243,845 | $224,840 | $47,354 | $19,005 |
| 2022 | $245,166 | $247,888 | $28,348 | $-2,722 |
| 2021 | $204,028 | $190,161 | $31,696 | $13,867 |
| 2019 | $192,925 | $192,339 | $48,607 | $586 |
| 2018 | $212,316 | $230,843 | $52,753 | $-18,527 |
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