Community Music School (EIN 160755757) - 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

1924

Legal Domicile

Principal Officer

JENNIFER GUILLOW

Phone

7168844887

Tax Period

2023-07-01 to 2024-06-30

Community Music School, founded in 1924, is a small nonprofit in the Arts, Culture & Humanities sector that reported $591K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $733K exceeded revenue, resulting in a 24% operating deficit.

Mission

The School is committed to providing quality music instruction for individuals of all ages and levels of ability regardless of aspirations or financial resources and providing musical public service programs to the Western New York area.

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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 $130,689

Program Service Revenue $436,073

Investment Income $17,543

Other Revenue $6,451

TOTAL REVENUE $590,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $537,886

Fundraising Expenses $50,439

Program Expenses $631,826

Other Expenses $194,818

TOTAL EXPENSES $732,704

Year-over-Year Comparison

	2023	2022	Change
Revenue	$590,756	$498,574	+0.2%
Expenses	$732,704	$630,264	+0.2%
Net Income	$-141,948	$-131,690	+0.1%

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

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

$66,409

Total Directors

$66,409

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ashish Vikram	President	5.00	Officer Director	$0	$0	$0
Molly Chvala	Vice President	5.00	Officer Director	$0	$0	$0
Kristopher Duge	Treasurer	1.00	Officer Director	$0	$0	$0
Dave Hunt	Secretary	1.00	Officer Director	$0	$0	$0
Markenzy Cesar	Trustee	1.00	Director	$0	$0	$0
Jennifer Guillow	Executive Director	40.00	Officer Director	$66,409	$0	$66,409
Ellen Harris-Harvey	Trustee	1.00	Director	$0	$0	$0
Jeanine Roberts	Trustee	1.00	Director	$0	$0	$0
Artrell Williams	Trustee	5.00	Director	$0	$0	$0
Paul Waara	Trustee	1.00	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	$590,756	$732,704	$1,216,157	$-141,948
2023	$498,574	$630,264	$1,353,677	$-131,690
2022	$369,245	$524,265	$1,191,112	$-155,020
2021	$327,390	$275,544	$1,177,199	$51,846
2020	$1,435,415	$536,902	$1,030,723	$898,513
2019	$402,131	$478,909	$247,547	$-76,778
2018	$508,237	$516,359	$329,137	$-8,122

Community Music School