New Canaan, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Rome Chamber Music Festival Inc, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $337K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $401K exceeded revenue, resulting in a 19% operating deficit.
The Rome Chamber Music Festival, Inc. is a New York not-for-profit corporation established to promote and advance the public perception and awareness of music in its cultural environment by organizing and promoting concerts and musical events and by furthering the education and performing experience of promising young music students. The primary focus of the organization's current activities is a one week festival that occurs each year. Outstanding musicians from the United States, Italy and elsewhere perform during the Festival and provide master classes to selected and highly promising students from the United States and Italy who are invited to study with these accomplished artists during the Festival and then to present their own concert during the Festival period.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $337,172 | $504,602 | -0.3% |
| Expenses | $400,753 | $400,970 | 0.0% |
| Net Income | $-63,581 | $103,632 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert McDuffie | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Nancy McAllister | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Courtenay Hardy | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Maria Augusta Fioruzzi | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Genelle Jennings | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Camille McDuffie | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Linda McGrath | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Joanne F Shiebler | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Margize Howell | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Robert Skolnick | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Domenico De Simone | Director | 0.00 |
Director
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$0 | $0 | $0 |
| James Matera | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Joseph C Brandt | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Sandra Pinnavaia | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Allston Chapman | Secretary | 0.00 |
Officer
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$0 | $0 | $0 |
| William A Kerr | President | 0.00 |
Officer
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$0 | $0 | $0 |
| William Kerr | Treasurer | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $337,172 | $400,753 | $81,402 | $-63,581 |
| 2022 | $504,602 | $400,970 | $144,982 | $103,632 |
| 2021 | $302,802 | $320,066 | $41,350 | $-17,264 |
| 2020 | $149,282 | $138,102 | $58,662 | $11,180 |
| 2019 | $295,025 | $300,611 | $47,482 | $-5,586 |
| 2018 | $264,250 | $239,511 | $53,068 | $24,739 |
Compare The Rome Chamber Music Festival Inc with other nonprofits in Connecticut and across the country.