MUSICIANS INCORPORATED (EIN 113701072) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

DENISE ENGLISH

Phone

2259643721

Tax Period

2023-01-01 to 2023-12-31

MUSICIANS INCORPORATED, founded in 2003, is a small nonprofit that reported $215K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $269K exceeded revenue, resulting in a 25% operating deficit.

Mission

PROVIDE SUPPORT FOR THE ARTS AND MUSIC PROGRAMS IN AND AROUND LIVINGSTON PARISH, LA. MAIN SUPPORT IS FOR THE DENHAM SPRINGS HIGH SCHOOL BAND.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $214,837

TOTAL REVENUE $214,837

Expense Breakdown

Grants Paid $114,251

Salaries & Benefits $96,685

Fundraising Expenses $122,850

Program Expenses $122,105

Other Expenses $58,134

TOTAL EXPENSES $269,070

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,837	$318,415	-0.3%
Expenses	$269,070	$294,597	-0.1%
Net Income	$-54,233	$23,818	-3.3%

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

N/A

Employees

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

$18,142

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE ENGLISH	Treasurer	12.00	Officer	$13,877	$0	$13,877
MELVIN DUNCAN	President	12.00	Officer	$4,265	$0	$4,265

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	$214,837	$269,070	$297,930	$-54,233
2022	$318,415	$294,597	$352,163	$23,818
2021	$479,289	$245,005	$328,345	$234,284
2020	$155,533	$90,796	$94,061	$64,737
2019	$-32,993	$68,015	$33,069	$-101,008
2018	$213,234	$95,739	$134,077	$117,495

MUSICIANS INCORPORATED