NEW ORLEANS, LA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW ORLEANS MUSICIANS ASSISTANCE FOUNDATION, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 26% operating deficit.
THE MISSION OF THE NEW ORLEANS MUSICIANS ASSISTANCE FOUNDATION IS TO KEEP MUSIC ALIVE BY SUSTAINING NEW ORLEANS MUSICIANS AND TRADITION BEARERS IN BODY, MIND AND SPIRIT. WE DO THIS THROUGH PROVIDING ACCESS TO HEALTH AND SOCIAL SERVICES THROUGH THE NEW ORLEANS MUSICIANS' CLINIC, REGARDLESS OF MUSICIANS' ABILITY TO PAY AND BY FOSTERING CULTURAL OPPORTUNITIES THAT ADVOCATE FOR AND SUPPORT THIS EFFORT.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,137,169 | $1,551,965 | -0.3% |
| Expenses | $1,427,977 | $1,316,304 | +0.1% |
| Net Income | $-290,808 | $235,661 | -2.2% |
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 |
|---|---|---|---|---|---|---|
| DR PEGGY HONORE MHA DHA | MEMBER | 15.00 |
Director
|
$0 | $0 | $0 |
| DR CATHI FONTENOT MD | MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| JOEL SELLERS | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JOHN J HUTCHINGS MD | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| DR ROBERT POST MD | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DR DARVELLE HUTCHINGS PHD | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BETHANY BULTMAN | PRESIDENT | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| CATHY NORMAN | VICE-PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHANN BULTMAN | SECRETARY | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM BERTRAND | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,137,169 | $1,427,977 | $2,534,148 | $-290,808 |
| 2022 | $1,551,965 | $1,316,304 | $2,536,195 | $235,661 |
| 2021 | $1,960,903 | $1,362,830 | $2,625,519 | $598,073 |
| 2020 | $2,912,575 | $2,755,032 | $1,951,580 | $157,543 |
| 2019 | $881,335 | $816,478 | $1,671,470 | $64,857 |
| 2018 | $609,213 | $867,476 | $1,470,876 | $-258,263 |
Compare NEW ORLEANS MUSICIANS ASSISTANCE FOUNDATION with other nonprofits in Louisiana and across the country.