MULTICULTURAL MUSIC GROUP INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

MULTICULTURAL MUSIC GROUP INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $250K in total revenue in fiscal year 2022.

Mission

THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH TWO AREAS OF FOCUS: MULTICULTURAL MUSIC INSTRUCTION AND PROFESSIONAL PRESENTATION IN A DIVERSITY OF MUSIC GENRES FOR MULTICULTURAL MUSIC REPRESENTATION IN MUSIC TRAINING PROGRAMS AND THE SYMPHONIC REPERTOIRE.

Program Service Accomplishments

Program 1

Expenses: $94,181 Revenue: $0

UNDER EACH PROGRAM AREA TEACHING ARTISTS COMPOSERS SCHOLARS AND SOCIO-CULTURAL ACTIVITIES WORK WITH STUDENTS AND TEACHERS TO OFFER SEQUENTIAL MUSIC INSTRUCTION TEACHER TRAINING WORKSHOPS LECTURE...

UNDER EACH PROGRAM AREA TEACHING ARTISTS COMPOSERS SCHOLARS AND SOCIO-CULTURAL ACTIVITIES WORK WITH STUDENTS AND TEACHERS TO OFFER SEQUENTIAL MUSIC INSTRUCTION TEACHER TRAINING WORKSHOPS LECTURE DEMONSTRATIONS COMMUNITY DIALOGUES AND MULTICULTURAL PERFORMANCES THAT INCORPORATE SOCIAL ASPECTS AND MAJOR HISTORICAL EVENTS INTO AN INFORMATIVE MUSICAL STRUCTURE. THIS INCORPORATION DISTINGUISHES THE ORGANIZATION AS AN UNIQUE GROUNDBREAKING MUSIC ENTITY

Program 2

Expenses: $55,846 Revenue: $0

UNDER CONTRACT WITH THE NEW YORK CITY DEPARTMENT OF EDUCATION. THE ORGANIZATION'S SYMPHONIC YOUTH PROGRAM PROVIDES DIRECT MULTICULTURAL MUSIC INTRODUTION TO PUBLIC SCHOOL STUDENTS AND TRAINING...

UNDER CONTRACT WITH THE NEW YORK CITY DEPARTMENT OF EDUCATION. THE ORGANIZATION'S SYMPHONIC YOUTH PROGRAM PROVIDES DIRECT MULTICULTURAL MUSIC INTRODUTION TO PUBLIC SCHOOL STUDENTS AND TRAINING WORKSHOPS FOR TEACHERS AND SCHOOL PERSONNEL.

Program 3

Expenses: $50,650 Revenue: $0

AS A PRESENTER THE ORGANIZATION'S ORCHESTRA PROGRAM THROUGH ITS ANNUAL CONCERT SERIES "THE MULTICULTURAL MUSIC ENCOUNTERS," OFFERS PERFORMANCES OF TRADITIONAL AND CLASSIC WORKS IN WESTERN AND...

AS A PRESENTER THE ORGANIZATION'S ORCHESTRA PROGRAM THROUGH ITS ANNUAL CONCERT SERIES "THE MULTICULTURAL MUSIC ENCOUNTERS," OFFERS PERFORMANCES OF TRADITIONAL AND CLASSIC WORKS IN WESTERN AND NON-WESTERN MUSIC GENRES AND COMISSIONS NEW WORKS INFLUENCED BY A VARIETY OF CULTURAL TRADITIONS.

🔒

Trantor Score

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $243,080

Program Service Revenue $0

Investment Income $0

Other Revenue $6,840

TOTAL REVENUE $249,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $32,949

Program Expenses $200,677

Other Expenses $249,712

TOTAL EXPENSES $249,712

Year-over-Year Comparison

	2022	2021	Change
Revenue	$249,920	$236,812	+0.1%
Expenses	$249,712	$236,486	+0.1%
Net Income	$208	$326	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Rodriguez	DIRECTOR	8.00	Director	$0	$0	$0
BRUCE PURSE	DIRECTOR	8.00	Director	$0	$0	$0
GEORGE SANCHEZ	TREASURER	8.00	Officer Director	$0	$0	$0
LUIS MUNIZ	DIRECTOR	8.00	Director	$0	$0	$0
EDWIN MARRERO	PRESIDENT	8.00	Officer Director	$0	$0	$0
Sofia Mojica	SECRETARY	8.00	Officer Director	$0	$0	$0
LUIS MOJICA	EXECUTIVE DIRECTOR	40.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$249,920	$249,712	$707,185	$208
2022	$236,812	$236,486	$706,977	$326
2022	$236,812	$236,486	$706,977	$326
2021	$158,922	$158,601	$111,603	$321
2020	$217,589	$217,370	$100,851	$219
2019	$248,838	$265,611	$96,427	$-16,773
2018	$244,186	$260,872	$76,564	$-16,686