DAL NIENTE NEW MUSIC NFP

EIN: 202923540 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$292,067
Total Expenses
$360,046
Total Assets
$54,634
Net Assets
$23,510
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IL
Principal Officer
Benjamin Melsky
Phone
8479122511
Tax Period
2023-07-01 to 2024-06-30

DAL NIENTE NEW MUSIC NFP, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $292K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $360K exceeded revenue, resulting in a 23% operating deficit.

Mission

Ensemble Dal Niente performs, develops, and sustains new and experimental music for small to large chamber ensemble. We are dedicated to growing relationships with artists, composers, and listeners; advancing distinct and challenging musical voices; and sharing that work with our Chicago, US, and international communities.

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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 $144,664
Program Service Revenue $147,403
Investment Income $0
Other Revenue $0
TOTAL REVENUE $292,067

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,909
Fundraising Expenses $0
Program Expenses $292,649
Other Expenses $271,137
TOTAL EXPENSES $360,046

Year-over-Year Comparison

2023 2022 Change
Revenue $292,067 $430,315 -0.3%
Expenses $360,046 $410,171 -0.1%
Net Income $-67,979 $20,144 -4.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
3
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
13
$28,063
Key Employees
3
$99,785
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benjamin Melsky Executive Director 40
Key Emp Highest
$49,996 $0 $49,996
Tomas Gueglio Ensemble Manager 35
Key Emp
$29,500 $0 $29,500
Emma Hospelhorn Publicity Director 5
Key Emp
$20,289 $0 $20,289
Kyle Flens Ensemble representative to the board 1
Director
$13,168 $0 $13,168
Ammie Brod Ensemble representative to the board 1
Director
$10,785 $0 $10,785
Matthew Oliphant Ensemble representative to the board 1
Director
$2,550 $0 $2,550
Hanna Hurwitz Ensemble representative to the board 1
Director
$1,560 $0 $1,560
Brian Penkrot Board Chair 1
Director
$0 $0 $0
Christopher Wendell Jones Vice Chair 1
Director
$0 $0 $0
Robert Reinhart Secretary 1
Director
$0 $0 $0
Francisco Castillo Treasurer 1
Director
$0 $0 $0
Sharon Castelwitz Officer 1
Director
$0 $0 $0
Seth Brenzel Officer 1
Director
$0 $0 $0
Matt Welton Officer 1
Director
$0 $0 $0
Carlos Carrillo Officer 1
Director
$0 $0 $0
Jennifer Harris Officer 1
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 $292,067 $360,046 $54,634 $-67,979
2023 $430,315 $410,171 $113,732 $20,144
2022 $279,847 $277,935 $74,975 $1,912
2021 $251,304 $226,702 $73,536 $24,602
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