CLASSICALLY CONNECTED INC

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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

1966

Legal Domicile

Principal Officer

ELLEN THOMPSON

Phone

3473050060

Tax Period

2024-07-01 to 2025-06-30

CLASSICALLY CONNECTED INC, founded in 1966, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $41K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $126K exceeded revenue, resulting in a 204% operating deficit.

Mission

CLASSICALLY CONNECTED, INC. CCI, FORMERLY KNOWN AS SI-YO MUSIC SOCIETY FOUNDATION, INC., IS A NOT-FOR-PROFIT THAT AIMS TO CONNECT A GLOBAL COMMUNITY WITH CLASSICAL MUSIC BY CONSERVING, LOANING, AND PROMOTING EDUCATION ABOUT INSTRUMENTS.

Program Service Accomplishments

Program 1

Expenses: $38,015

The asset management and lending program managed 21 loans of instruments to artists in FY 2024-2025. All instruments were reported by the artists to be in good condition using written reports and...

The asset management and lending program managed 21 loans of instruments to artists in FY 2024-2025. All instruments were reported by the artists to be in good condition using written reports and photos every 3 months.

Program 2

Expenses: $33,782

The findmyinstrument.org registry, launched in November 2022. Registered 250 instruments as of June 2024. CCi-managed instruments with fmi registration numbers received a 75 discount on insurance...

The findmyinstrument.org registry, launched in November 2022. Registered 250 instruments as of June 2024. CCi-managed instruments with fmi registration numbers received a 75 discount on insurance premiums.

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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 $40,951

Program Service Revenue $0

Investment Income $391

Other Revenue $50

TOTAL REVENUE $41,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,183

Fundraising Expenses $497

Program Expenses $71,797

Other Expenses $105,589

TOTAL EXPENSES $125,772

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,392	$199,100	-0.8%
Expenses	$125,772	$243,719	-0.5%
Net Income	$-84,380	$-44,619	+0.9%

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

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
DR PAOLO BODINI	TRUSTEE AND CHAIRMAN	004.00	Director	$0	$0	$0
ELAINE SHENG	TRUSTEE	001.00	Director	$0	$0	$0
JIANG TIAN	TRUSTEE	001.00	Director	$0	$0	$0
KAREN NEUS	TRUSTEE	001.00	Director	$0	$0	$0
RISA ROSENBERG	TRUSTEE AND SECRETARY VP	004.00	Officer Director	$0	$0	$0
ROSALINE YIN	TRUSTEE VP OF BRANDING DESIGN	001.00	Officer Director	$0	$0	$0
YIN LONG	TRUSTEE	001.00	Director	$0	$0	$0
ELLEN THOMPSON	TREASURE	004.00	Officer Director	$0	$0	$0
DR SOYEON PARK	SPECIAL BOARD ADVISOR AND VP	001.00	Officer	$0	$0	$0
ROBERT O'BRIEN	PRESIDENT	004.00	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	$41,392	$125,772	$671,314	$-84,380
2024	$199,100	$243,719	$726,642	$-44,619
2023	$519,758	$168,452	$790,655	$351,306
2022	$616,265	$846,856	$132,806	$-230,591
2021	$144,403	$681,447	$399,719	$-537,044
2020	$1,128,893	$451,633	$841,762	$677,260