THE LYRIC CHAMBER MUSIC SOCIETY OF NEW YORK INC (EIN 133947644) - 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

1997

Legal Domicile

Principal Officer

Ambrose Richardson III

Tax Period

2023-07-01 to 2024-06-30

THE LYRIC CHAMBER MUSIC SOCIETY OF NEW YORK INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $509K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $467K left a modest 8% surplus.

Mission

The organization provides numerous performance engagements to musicians in the form of recitals and community engagement programs across the country, and is actively involved in music education workshops in public schools.

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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 (2023)

Revenue Breakdown

Contributions & Grants $236,864

Program Service Revenue $259,882

Investment Income $12,117

Other Revenue $0

TOTAL REVENUE $508,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,239

Fundraising Expenses $5,791

Program Expenses $384,234

Other Expenses $377,148

TOTAL EXPENSES $467,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	$508,863	$385,452	+0.3%
Expenses	$467,387	$330,913	+0.4%
Net Income	$41,476	$54,539	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janusz Kaleta	Board member	5.00	Officer	$0	$0	$0
Deborah Hamilton	Co Chair	5.00	Officer	$0	$0	$0
Joan Kretschmer	Board Member	5.00	Officer	$0	$0	$0
Wei-Jen Yuan	Board Member	5.00	Officer	$0	$0	$0
Ambrose Richardson III	President	5.00	Officer	$0	$0	$0
Sigrid Fenton SCHAFER	Board Member	5.00	Officer	$0	$0	$0
Brian Schnabel	Secretary	5.00	Officer	$0	$0	$0
Yujie Wu	Co Chair	5.00	Officer	$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	$508,863	$467,387	$315,170	$41,476
2023	$385,452	$330,913	$261,247	$54,539
2022	$257,397	$222,744	$207,758	$34,653

THE LYRIC CHAMBER MUSIC SOCIETY OF NEW YORK INC