EARLY MUSIC AMERICA INC (EIN 133318348) - 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

1987

Legal Domicile

Principal Officer

DAVID MCCORMICK

Phone

4126422778

Tax Period

2024-07-01 to 2025-06-30

EARLY MUSIC AMERICA INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $505K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $474K left a modest 6% surplus.

Mission

EARLY MUSIC AMERICA, INC. (EMA) DEVELOPS, STRENGTHENS, AND CELEBRATES EARLY MUSIC IN THE AMERICAS BY SUPPORTING THE PEOPLE AND ORGANIZATIONS THAT PERFORM, STUDY, AND FIND JOY IN IT, AND BY CHAMPIONING THE CONTRIBUTIONS THEY MAKE TO THE HEALTH AND VIBRANCY OF THEIR COMMUNITIES. EMA BELIEVES THAT EARLY MUSIC PROVIDES A VALUABLE WAY TO UNDERSTAND HISTORY AND HUMAN CULTURE; THAT HISTORICALLY-INFORMED PERFORMANCES PROVIDE IMPORTANT MUSICAL INSIGHTS AND EXPERIENCES; AND THAT ALL PEOPLE AND COMMUNITIES SHOULD HAVE ACCESS TO LEARNING, PERFORMING AND ENJOYING THE MUSIC OF THE MEDIEVAL, RENAISSANCE, BAROQUE AND CLASSICAL PERIODS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $258,208

Program Service Revenue $204,552

Investment Income $11,526

Other Revenue $30,753

TOTAL REVENUE $505,039

Expense Breakdown

Grants Paid $28,633

Salaries & Benefits $264,625

Fundraising Expenses $70,252

Program Expenses $315,653

Other Expenses $180,422

TOTAL EXPENSES $473,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$505,039	$451,951	+0.1%
Expenses	$473,680	$470,661	+0.0%
Net Income	$31,359	$-18,710	-2.7%

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

Volunteers

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

$78,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARIN CUELLAR RENDON	PRESIDENT	2.00	Officer Director	$0	$0	$0
AMIT JOSHI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SIAN RICKETTS	SECRETARY	2.00	Officer Director	$0	$0	$0
LINDA CLIFFORD	TREASURER	2.00	Officer Director	$0	$0	$0
CARRIE SYKES-LORENZ	DIRECTOR	1.00	Director	$0	$0	$0
DANA WHITESIDE	DIRECTOR	1.00	Director	$0	$0	$0
CATHY BARBASH	DIRECTOR	1.00	Director	$0	$0	$0
REGINALD MOBLEY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA ANN NEELY	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY MAURER	DIRECTOR	1.00	Director	$0	$0	$0
SALLYNEE AMAWAT	DIRECTOR	1.00	Director	$0	$0	$0
VIJAY CHALASANI	DIRECTOR - LEFT 7/25	1.00	Director	$0	$0	$0
JOYCE CHEN	DIRECTOR	1.00	Director	$0	$0	$0
HELEN MCCONNELL	DIRECTOR	1.00	Director	$0	$0	$0
JOE CHAPPEL	DIRECTOR - LEFT 10/25	1.00	Director	$0	$0	$0
KEVIN LEONG	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW SHERANIAN	DIRECTOR	1.00	Director	$0	$0	$0
NINA STERN	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE TUROCY	DIRECTOR	1.00	Director	$0	$0	$0
AUGUST DENHARD	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
INGRID MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
GARRETT MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
BYRON SCHENKMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MCCORMICK	EXECUTIVE DIRECTOR	40.00	Officer	$78,750	$0	$78,750

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
2025	$505,039	$473,680	$635,091	$31,359
2024	$451,951	$470,661	$562,697	$-18,710
2023	$400,360	$413,152	$538,131	$-12,792
2022	$427,362	$433,047	$505,595	$-5,685
2021	$462,094	$429,279	$562,460	$32,815
2020	$618,737	$439,410	$501,691	$179,327
2019	$343,232	$339,463	$289,443	$3,769
2018	$427,248	$322,429	$267,129	$104,819

EARLY MUSIC AMERICA INC