NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BRONX CONSERVATORY OF MUSIC INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $412K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Net assets of $892K represent 26 months of operating reserves.
THE MISSION OF THE BRONX CONSERVATORY OF MUSIC ("BCM"), IS TO PROVIDE PRIVATE MUSIC INSTRUCTION OF THE HIGHEST QUALITY TO BRONX CHILDREN AND ADULTS, IN THEIR OWN NEIGHBORHOODS, AT LOWEST POSSIBLE TUITION, THEREBY MAKING CONSERVATORY TRAINING ACCESSIBLE TO ALL. IN FULFILLING THIS MISSION, BCM ALSO SEEKS TO DEVELOP AUDIENCES FOR FINE MUSIC IN THE BRONX AND TO CONTRIBUTE TO THE MUSIC CULTURE OF THE BRONX.
FOR THE PAST 26 YEARS, OUR MUSIC EDUCATION PROGRAM PRIMARILY SERVES MINORITY (92% OF TOTAL 200 PUPILS) STUDENTS. A LARGE MAJORITY OF OUR STUDENTS COME FROM WORKING AND LOWER MIDDLE-CLASS BACKGROUNDS...
FOR THE PAST 26 YEARS, OUR MUSIC EDUCATION PROGRAM PRIMARILY SERVES MINORITY (92% OF TOTAL 200 PUPILS) STUDENTS. A LARGE MAJORITY OF OUR STUDENTS COME FROM WORKING AND LOWER MIDDLE-CLASS BACKGROUNDS. IN KEEPING WITH OUR MISSION, WE KEEP TUITION PRICES AS LOW AS POSSIBLE TO REACH AS BROAD A CONSTITUENCY AS POSSIBLE.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $411,646 | $312,597 | +0.3% |
| Expenses | $449,375 | $347,358 | +0.3% |
| Net Income | $-37,729 | $-34,761 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| DOUGLAS W MEYER | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID NUSSENBAUM | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDA VINCENT | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE SLIFKA | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$13,650 | $10,800 | $24,450 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $411,646 | $449,375 | $903,971 | $-37,729 |
| 2024 | $312,597 | $347,358 | $905,858 | $-34,761 |
| 2023 | $346,450 | $373,122 | $872,420 | $-26,672 |
| 2022 | $270,669 | $253,460 | $843,717 | $17,209 |
| 2021 | $114,757 | $227,049 | $947,490 | $-112,292 |
| 2020 | $319,455 | $331,028 | $834,408 | $-11,573 |
| 2019 | $356,103 | $300,979 | $908,465 | $55,124 |
| 2018 | $196,425 | $274,797 | $902,851 | $-78,372 |
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