NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW MUSIC USA INC, founded in 1942, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2022. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 49% operating deficit.
SUPPORT THE SOUNDS OF TOMORROW BY NURTURING THE CREATION, PERFORMANCE, & APPRECIATION OF NEW MUSIC.
GRANTMAKING: THE GRANTMAKING PROGRAMS CONTINUE TO RESPOND TO THE NEEDS OF CREATORS AND MUSICAL ORGANIZATIONS, WITH A PARTICULAR AWARENESS OF SERVING HISTORICALLY UNDERSERVED CREATORS. THIS IS...
GRANTMAKING: THE GRANTMAKING PROGRAMS CONTINUE TO RESPOND TO THE NEEDS OF CREATORS AND MUSICAL ORGANIZATIONS, WITH A PARTICULAR AWARENESS OF SERVING HISTORICALLY UNDERSERVED CREATORS. THIS IS GROUNDED IN AN INFORMED UNDERSTANDING OF THE UNIQUE NEEDS OF THE MUSICAL CREATOR COMMUNITIES ACROSS THE COUNTRY AND ACHIEVED THROUGH GRANTMAKING, FACILITATING CONNECTIONS WITH AUDIENCES AND STAKEHOLDERS, AND ADVOCACY. IN FY2023, NEW MUSIC USA MADE 197 GRANTS.
COMMUNICATION/CONNECTIVITY: (SEE SCHEDULE O)
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%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $2,082,267 | $3,821,234 | -0.5% |
| Expenses | $3,104,988 | $2,890,809 | +0.1% |
| Net Income | $-1,022,721 | $930,425 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH WALKER | CO-CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| REENA ESMAIL | CO-CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY IWANO | VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GAYLE MORGAN | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN TRESNAN | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID NUSS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERE LOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS MILLS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATIAS TARNOPOLSKY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE BENSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES KENDRICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARYA MARTIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELICA SANCHEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AJA BURRELL WOOD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOROTHEA ENDICOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN KORNBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN WEGLEITNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH YOUNG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VANESSA REED | PRESIDENT & CEO | 50.00 |
Officer
|
$186,950 | $36,307 | $223,257 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,082,267 | $3,104,988 | $19,684,498 | $-1,022,721 |
| 2022 | $3,821,234 | $2,890,809 | $19,944,581 | $930,425 |
| 2021 | $3,287,635 | $2,354,859 | $21,074,524 | $932,776 |
| 2020 | $3,096,172 | $2,497,665 | $18,519,202 | $598,507 |
| 2019 | $1,305,861 | $2,414,564 | $17,990,945 | $-1,108,703 |
Compare NEW MUSIC USA INC with other nonprofits in New York and across the country.