NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE AMERICAN ASSOCIATION OF INDEPENDENT MUSIC INC, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $1.9M left a modest 5% surplus.
THE AMERICAN ASSOCIATION OF INDEPENDENT MUSIC INC. IS A LEADING VOICE OF INDEPENDENT MUSIC WHOSE MISSION IS TO: PROMOTE GROWTH, AWARENESS, AND OPPORTUNITIES FOR INDEPENDENT MUSIC THROUGH ADVOCACY, EDUCATION AND COMMUNITY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,022,792 | $2,748,804 | -0.3% |
| Expenses | $1,930,418 | $2,906,731 | -0.3% |
| Net Income | $92,374 | $-157,927 | -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 |
|---|---|---|---|---|---|---|
| WILSON FULLER | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| NABIL AYERS | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TONY KIEWEL | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| HAYS RUDOLPH | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| MARY JUREY | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TONY ALEXANDER | BOARD SECRETARY | 0.00 |
Director
|
$0 | $0 | $0 |
| ZENA WHITE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| DEE DIAZ | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JASON PETERSON | ADVISORY BOARD | 0.00 |
Director
|
$0 | $0 | $0 |
| KRISTEN EPSTEIN | ADVISORY BOARD | 0.00 |
Director
|
$0 | $0 | $0 |
| STEVEN HILL | BOARD CHAIRPERSON | 0.00 |
Director
|
$0 | $0 | $0 |
| LOUIS POSEN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TERRY MCBRIDE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JANA HERZEN | ADVISORY BOARD | 0.00 |
Director
|
$0 | $0 | $0 |
| GLEN BARROS | ADVISORY BOARD | 0.00 |
Director
|
$0 | $0 | $0 |
| DR RICHARD JAMES BURGESS | PRESIDENT & CEO | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,022,792 | $1,930,418 | $2,174,641 | $92,374 |
| 2024 | $2,748,804 | $2,906,731 | $1,929,760 | $-157,927 |
| 2023 | $2,824,122 | $2,899,401 | $2,219,515 | $-75,279 |
| 2022 | $2,250,628 | $2,099,600 | $2,194,670 | $151,028 |
| 2021 | $2,003,289 | $1,629,571 | $1,946,573 | $373,718 |
| 2020 | $1,690,699 | $1,633,663 | $1,778,946 | $57,036 |
| 2019 | $1,812,723 | $1,971,874 | $1,514,033 | $-159,151 |
Compare THE AMERICAN ASSOCIATION OF INDEPENDENT MUSIC INC with other nonprofits in New York and across the country.