Northwest Community Music Academy

EIN: 203174820 501(c)(3) Arts, Culture & Humanities

Crystal Lake, IL

Total Revenue
$1,093,964
Total Expenses
$1,089,230
Total Assets
$396,252
Net Assets
$72,986
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IL
Principal Officer
Cynara Pierzina
Phone
8153567464
Tax Period
2024-07-01 to 2025-06-30

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.

Mission

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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $141,345
Program Service Revenue $924,104
Investment Income $0
Other Revenue $28,515
TOTAL REVENUE $1,093,964

Expense Breakdown

Grants Paid $35,877
Salaries & Benefits $856,561
Fundraising Expenses $29,164
Program Expenses $912,732
Other Expenses $196,792
TOTAL EXPENSES $1,089,230

Year-over-Year Comparison

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%
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
7
Independent Members
5
Employees
53
Volunteers
116

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
3
$145,675
Total Directors
7
$145,675
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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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