MUSCLE SHOALS MUSIC ASSOCIATION INC (EIN 202158950) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

LARRY BOWSER

Tax Period

2023-01-01 to 2023-12-31

MUSCLE SHOALS MUSIC ASSOCIATION INC, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $3K in total revenue in fiscal year 2018. Revenue surged 1123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $851, a strong 29% operating margin.

Mission

THIS ORGANIZATION PROMOTES ENCOURAGES THE APPRECIATION OF THE MUSICAL HISTORY EXPOSURE TO THE GENERAL PUBLIC. THIS ORGANIZATION PROMOTES CONCERTS SEMINARS THAT REFLECT THE FULL SIZE OF THE MUSICAL HISTORY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,315

Program Service Revenue $40,122

Investment Income $0

Other Revenue $0

TOTAL REVENUE $43,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $40,683

Other Expenses $40,683

TOTAL EXPENSES $40,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,437	$33,675	+0.3%
Expenses	$40,683	$40,687	0.0%
Net Income	$2,754	$-7,012	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID HOOD	DIRECTOR	001.00	Director	$0	$0	$0
JANNA MALONE	DIRECTOR	001.00	Director	$0	$0	$0
TERRY PACE	DIRECTOR	001.00	Director	$0	$0	$0
RUSSELL MEFFORD	DIRECTOR	001.00	Director	$0	$0	$0
HALLEY PHILLIPS	DIRECTOR	001.00	Director	$0	$0	$0
DICK COOPER	DIRECTOR	001.00	Director	$0	$0	$0
NICK MARTIN	DIRECTOR	001.00	Director	$0	$0	$0
SUZANNE BOLTON	DIRECTOR	001.00	Director	$0	$0	$0
JIMMY NUTT	PRESIDENT	001.00	Officer	$0	$0	$0
RODNEY HALL	VICE PRES	001.00	Officer	$0	$0	$0
LARRY BOWSER	SEC TREAS	001.00	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
2024	No data	No data	No data	No data
2023	$43,437	$40,683	$31,658	$2,754
2022	$33,675	$40,687	$28,904	$-7,012
2021	$59,089	$36,324	$35,916	$22,765
2020	$10,177	$628	$33,281	$9,549
2019	No data	$685	$23,732	No data
2018	$2,984	$2,133	$24,417	$851

MUSCLE SHOALS MUSIC ASSOCIATION INC