SUZUKI ASSOCIATION OF THE AMERICAS

EIN: 222192686 501(c)(3) Arts, Culture & Humanities

BOULDER, CO

Total Revenue
$697,025
Total Expenses
$765,821
Total Assets
$1,781,414
Net Assets
$1,723,573
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DE
Principal Officer
ANGELICA CORTEZ
Phone
3034440948
Tax Period
2024-08-01 to 2025-07-31

SUZUKI ASSOCIATION OF THE AMERICAS, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $697K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Net assets of $1.7M represent 30 months of operating reserves.

Mission

PROMOTION OF MUSIC EDUCATION THROUGH THE SUZUKI METHOD OF INSTRUCTION.

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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 $57,510
Program Service Revenue $595,077
Investment Income $26,228
Other Revenue $18,210
TOTAL REVENUE $697,025

Expense Breakdown

Grants Paid $28,448
Salaries & Benefits $372,257
Fundraising Expenses $26,372
Program Expenses $509,688
Other Expenses $365,116
TOTAL EXPENSES $765,821

Year-over-Year Comparison

2024 2023 Change
Revenue $697,025 $825,481 -0.2%
Expenses $765,821 $747,690 +0.0%
Net Income $-68,796 $77,791 -1.9%
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
12
Independent Members
12
Employees
5
Volunteers
34

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
5
$97,537
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNNE OLIVERIUS CHAIR 6.00
Officer Director
$0 $0 $0
INGRID TUNG CHAIR-ELECT 4.00
Officer Director
$0 $0 $0
KIRK CULLIMORE TREASURER 4.00
Officer Director
$0 $0 $0
CHING-YI LIN SECRETARY 4.00
Officer Director
$0 $0 $0
EDWARD KREITMAN TRUSTEE 4.00
Director
$0 $0 $0
LESLIE MIZRAHI TRUSTEE 4.00
Director
$0 $0 $0
JOSEPH ROGOT TRUSTEE 4.00
Director
$0 $0 $0
BRUCE WALKER TRUSTEE 4.00
Director
$0 $0 $0
ARACELI HACKBARTH TRUSTEE 4.00
Director
$0 $0 $0
GEOFFREY HILL TRUSTEE 4.00
Director
$0 $0 $0
APRIL LOSEY TRUSTEE 4.00
Director
$0 $0 $0
NANCY MODELL TRUSTEE 4.00
Director
$0 $0 $0
ANGELICA CORTEZ EXECUTIVE DI 40.00
Officer
$97,537 $0 $97,537
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 $697,025 $765,821 $1,781,414 $-68,796
2024 $825,481 $747,690 $1,710,745 $77,791
2023 $699,376 $672,287 $1,500,238 $27,089
2022 $772,240 $1,057,010 $1,455,130 $-284,770
2021 $1,125,575 $886,156 $1,897,663 $239,419
2020 $882,329 $904,623 $1,674,140 $-22,294
2019 $948,553 $954,526 $1,578,031 $-5,973
2018 $1,253,331 $1,186,288 $1,481,932 $67,043
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