Buffalo Chamber Music Foundation

EIN: 166069775 501(c)(3) Arts, Culture & Humanities

Buffalo, NY

Total Revenue
$134,483
Total Expenses
$136,800
Total Assets
$757,267
Net Assets
$757,267
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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

Phone
7168329129
Tax Period
2023-07-01 to 2024-06-30

Buffalo Chamber Music Foundation is a small nonprofit in the Arts, Culture & Humanities sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. Net assets of $757K represent 68 months of operating reserves.

Mission

Support Buffalo Chamber Music Society

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $134,483
Other Revenue $0
TOTAL REVENUE $134,483

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $136,800
Other Expenses $16,800
TOTAL EXPENSES $136,800

Year-over-Year Comparison

2023 2022 Change
Revenue $134,483 $76,246 +0.8%
Expenses $136,800 $106,935 +0.3%
Net Income $-2,317 $-30,689 -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

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Governance

Voting Members
3
Independent Members
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANSIE BAIRD President 0.00
Director
$0 $0 $0
PAUL HOMER Vice President 0.00
Director
$0 $0 $0
MORTON ABRAMSON Treasurer 0.00
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 $134,483 $136,800 $757,267 $-2,317
2023 $76,246 $106,935 $759,584 $-30,689
2022 $51,642 $83,709 $790,273 $-32,067
2021 $67,838 $33,280 $822,340 $34,558
2020 $157,205 $72,241 $833,181 $84,964
2019 $97,272 $71,863 $797,171 $25,409
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