MICHIGAN MUSIC CONFERENCE (EIN 203727516) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

ERIK JACOBSON

Phone

7342398104

Tax Period

2024-04-01 to 2025-03-31

MICHIGAN MUSIC CONFERENCE, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $456K in total revenue in fiscal year 2024.

Mission

MICHIGAN MUSIC CONFERENCE IS A NON-PROFIT PROFESSIONAL ASSOCIATION THAT PROVIDES FOR THE PROFESSIONAL DEVELOPMENT OF MICHIGAN MUSIC EDUCATORS & TO SERVE ITS 501(C)(3) MEMBER ORGANIZATIONS IN SUPPORT OF SCHOOL MUSIC IN MI.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $448,824

Investment Income $6,689

Other Revenue $0

TOTAL REVENUE $455,513

Expense Breakdown

Grants Paid $18,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $294,781

Other Expenses $425,754

TOTAL EXPENSES $443,754

Year-over-Year Comparison

	2024	2023	Change
Revenue	$455,513	$438,927	+0.0%
Expenses	$443,754	$429,294	+0.0%
Net Income	$11,759	$9,633	+0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
DAN SCOTT	CHAIR	2.00	Officer Director	$0	$0	$0
GARRET ERNST	TREASURER	2.00	Officer Director	$0	$0	$0
ERIK JACOBSON	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
CARIN MCEVOY	SECRETARY	2.00	Officer Director	$0	$0	$0
DENISE WILKINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY MARR	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW SHEPHARD	BOARD MEMBER	1.00	Director	$0	$0	$0
GAIL WORDEN	BOARD MEMBER	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	$455,513	$443,754	$269,321	$11,759
2024	$438,927	$429,294	$238,047	$9,633
2023	$376,686	$354,647	$222,216	$22,039
2022	$317,444	$312,142	$199,413	$5,302
2021	$86,054	$127,538	$185,098	$-41,484
2020	$420,926	$513,527	$308,138	$-92,601
2019	$380,247	$374,993	$377,691	$5,254

MICHIGAN MUSIC CONFERENCE