SAVE THE MUSIC FOUNDATION (EIN 136089816) - 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

1955

Legal Domicile

Principal Officer

HENRY DONAHUE

Phone

2129770176

Tax Period

2024-01-01 to 2024-12-31

SAVE THE MUSIC FOUNDATION, founded in 1955, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 16% operating margin.

Mission

THE SAVE THE MUSIC FOUNDATION'S MISSION IS TO HELP STUDENTS, SCHOOLS, AND COMMUNITIES REACH THEIR FULL POTENTIAL THROUGH THE POWER OF MAKING MUSIC.

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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 $10,592,240

Program Service Revenue $0

Investment Income $79,361

Other Revenue $3,530

TOTAL REVENUE $10,675,131

Expense Breakdown

Grants Paid $5,276,126

Salaries & Benefits $2,484,321

Fundraising Expenses $1,365,843

Program Expenses $7,187,886

Other Expenses $1,245,971

TOTAL EXPENSES $9,006,418

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,675,131	$8,798,203	+0.2%
Expenses	$9,006,418	$8,777,744	+0.0%
Net Income	$1,668,713	$20,459	+80.6%

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

$748,968

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN SARTIRANA	DIRECTOR	0.50	Director	$0	$0	$0
ALEC GLASSER	DIRECTOR	0.50	Director	$0	$0	$0
ALLEN MURABAYASHI	CO-CHAIR (PARTIAL); DIR. (OUTGOING)	3.00	Officer Director	$0	$0	$0
BOB CARRIGAN	DIRECTOR	0.50	Director	$0	$0	$0
BRIANNA CAYO COTTER	DIRECTOR (OUTGOING)	0.20	Director	$0	$0	$0
CANDICE BRANCAZIO	DIRECTOR	0.50	Director	$0	$0	$0
CESAR MARTINEZ	DIRECTOR (OUTGOING)	0.50	Director	$0	$0	$0
CHRIS MCCARTHY	DIRECTOR (OUTGOING)	0.20	Director	$0	$0	$0
ELENA DIAZ	CO-CHAIR PERSON (PARTIAL); DIRECTOR	3.00	Officer Director	$0	$0	$0
GRACE HONG	DIRECTOR (OUTGOING)	1.00	Director	$0	$0	$0
JAY KAPADIA	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER GRADY	CHAIRPERSON, DIRECTOR	3.00	Officer Director	$0	$0	$0
JESSE COLLINS	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN NG	DIRECTOR	1.00	Director	$0	$0	$0
LARRY WADE	DIRECTOR	0.50	Director	$0	$0	$0
LESLIE FRAM	DIRECTOR	1.00	Director	$0	$0	$0
MALIKA QUEMARIAS	DIRECTOR	1.00	Director	$0	$0	$0
NAT ZILKHA	DIRECTOR	1.50	Director	$0	$0	$0
NICOLE PORTWOOD	DIRECTOR (OUTGOING)	1.00	Director	$0	$0	$0
NYASHA FOY	VICE CHAIRSPERSON & SECRETARY, DIRECTOR	2.00	Officer Director	$0	$0	$0
SUZANNE HALL	DIRECTOR	1.00	Director	$2,000	$0	$2,000
TIM WEATHERSPOON	DIRECTOR	0.50	Director	$0	$0	$0
WANDA CORIANO	DIRECTOR	1.00	Director	$0	$0	$0
CHIHO FEINDLER	CHIEF PROGRAM OFFICER	50.00	Officer	$152,466	$21,114	$173,580
DANIELLE ZALAZNICK	CHIEF DEV. OFFICER & DEPUTY E.D.	60.00	Officer	$213,871	$10,328	$224,199
HENRY DONAHUE	EXECUTIVE DIRECTOR, ASST. SECRETARY	60.00	Officer	$181,647	$0	$181,647
TOM CREASER	SENIOR DIR. OF FINANCE & OPERATIONS	50.00	Officer	$123,141	$46,401	$169,542
ARIEL USATIN	SENIOR DIR., PHILANTHROPY	50.00	Highest	$136,520	$6,131	$142,651
JACLYN RUDDEROW	SENIOR DIR, SCHOOL PROGRAMS	50.00	Highest	$114,814	$54,230	$169,044
ZACK FLORES	SENIOR DIRECTOR, MARKETING	50.00	Highest	$145,388	$31,520	$176,908

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	$10,675,131	$9,006,418	$7,335,889	$1,668,713
2023	$8,798,203	$8,777,744	$6,370,566	$20,459
2022	$8,246,893	$8,012,269	$6,369,039	$234,624
2021	$8,206,045	$5,183,129	$5,156,662	$3,022,916
2020	$3,757,342	$3,048,052	$1,902,699	$709,290
2019	$3,903,805	$3,671,112	$1,814,380	$232,693

SAVE THE MUSIC FOUNDATION