Crystal Lake, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Northwest Community Music Academy, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.
Provide music education and cultural opportunities to the community, includingopportunities for individuals to attend and participate in performances, and to cultivatethe innate musical ability within each individual.
The Organization accomplishes its mission through vocal, choral, instrumental and early childhoodmusic programming. The Organization welcomes all people all ages and all abilities to experience the...
The Organization accomplishes its mission through vocal, choral, instrumental and early childhoodmusic programming. The Organization welcomes all people all ages and all abilities to experience the life-changing power of music. The Encore Music Academy Youth Orchestra provides exceptional music education and performance opportunities for children and youth from all over McHenry County. Voices In Harmony, an adult community choir, provides inspiration, beauty and community in song.
The Organization provides programming to students regardless of their ability to pay.
The Organization provides opportunities for participants to perform for a live audience in variousconcert and theatrical productions held regularly throughout the year.
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 | $1,093,964 | $1,009,165 | +0.1% |
| Expenses | $1,089,230 | $1,039,145 | +0.0% |
| Net Income | $4,734 | $-29,980 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| Cynara Pierzina | President/Executive Direct | 35.00 |
Officer
Director
|
$89,005 | $0 | $89,005 |
| Steve Scherrer | Vice President | 3.00 |
Officer
Director
|
$2,250 | $0 | $2,250 |
| Ann Tucker | Treasurer | 3.00 |
Officer
Director
|
$54,420 | $0 | $54,420 |
| Jenny Oberbillig | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Deb Adrowski | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Susan Dobbe-Leahy | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Amy Zakoian | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,093,964 | $1,089,230 | $396,252 | $4,734 |
| 2024 | $1,009,165 | $1,039,145 | $395,656 | $-29,980 |
| 2023 | $903,352 | $876,442 | $462,014 | $26,910 |
| 2022 | $767,348 | $810,159 | $438,237 | $-42,811 |
| 2021 | $752,773 | $650,760 | $277,836 | $102,013 |
| 2020 | $596,531 | $594,895 | $138,194 | $1,636 |
| 2019 | $324,250 | $323,992 | $94,336 | $258 |
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