WOMEN IN MUSIC INC (EIN 133384908) - 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

1985

Legal Domicile

Principal Officer

NICOLE BARSALONA

Phone

2022886779

Tax Period

2024-01-01 to 2024-12-31

WOMEN IN MUSIC INC, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $186K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $362K exceeded revenue, resulting in a 95% operating deficit.

Mission

TO PROVIDE EDUCATIONAL PANELS AND RAISE AWARENESS ON ISSUES AFFECTING WOMEN IN THE MUSICAL ARTS.

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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 $130,306

Program Service Revenue $55,444

Investment Income $21

Other Revenue $0

TOTAL REVENUE $185,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,000

Fundraising Expenses $28,312

Program Expenses $264,299

Other Expenses $341,317

TOTAL EXPENSES $362,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,771	$784,821	-0.8%
Expenses	$362,317	$590,689	-0.4%
Net Income	$-176,546	$194,132	-1.9%

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

306

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

$21,000

Total Directors

$21,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE BARSALONA	PRESIDENT	20.00	Officer Director	$12,000	$0	$12,000
MOIRA MCCARTHY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ALLIE ANTMAN	TREASURER	10.00	Officer Director	$9,000	$0	$9,000
NEETA RAGOOWANSI	SECRETARY	10.00	Officer Director	$0	$0	$0
TARA BENDLER	BOARD MEMBER	10.00	Director	$0	$0	$0
BRITNEE FOREMAN	BOARD MEMBER	10.00	Director	$0	$0	$0
ALICIA MATUSHESKI	BOARD MEMBER	10.00	Director	$0	$0	$0
CHISSY NKEMERE CHERIAN	BOARD MEMBER	10.00	Director	$0	$0	$0
BRIDGET PERDOMO	BOARD MEMBER	10.00	Director	$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	$185,771	$362,317	$284,114	$-176,546
2023	$519,447	$419,710	$300,500	$99,737
2023	$784,821	$590,689	$568,481	$194,132

WOMEN IN MUSIC INC