RECORDING MUSICIANS ASSOCIATION OF THE US & CANADA (EIN 222455867) - 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

1969

Legal Domicile

Principal Officer

LARA WICKES

Phone

3234624762

Tax Period

2025-01-01 to 2025-12-31

RECORDING MUSICIANS ASSOCIATION OF THE US & CANADA, founded in 1969, is a small nonprofit that reported $375K in total revenue in fiscal year 2025. Revenue surged 344% from the prior year, signaling strong growth momentum.

Mission

UNITING PROFESSIONAL MUSICIANS

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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 (2025)

Revenue Breakdown

Contributions & Grants $58,515

Program Service Revenue $316,340

Investment Income $308

Other Revenue $0

TOTAL REVENUE $375,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,927

Fundraising Expenses $0

Other Expenses $348,874

TOTAL EXPENSES $378,801

Year-over-Year Comparison

	2025	2024	Change
Revenue	$375,163	$84,408	+3.4%
Expenses	$378,801	$108,214	+2.5%
Net Income	$-3,638	$-23,806	-0.8%

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

Volunteers

N/A

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
P BLAKE COOPER	1ST VICE PRE	N/A	Director	$0	$0	$0
ALLEN FOGLE	SECRETARY	N/A	Director	$0	$0	$0
DYLAN SKYE HART	DIRECTOR	N/A	Director	$0	$0	$0
AMY HERSHBERGER	DIRECTOR	N/A	Director	$0	$0	$0
SIDNEY HOPSON	DIRECTOR	N/A	Director	$0	$0	$0
DAVID HORNE	DIRECTOR	N/A	Director	$0	$0	$0
SONGA LEE	DIRECTOR	N/A	Director	$0	$0	$0
AARON SMITH	DIRECTOR	N/A	Director	$0	$0	$0
IRINA VOLOSHINA	DIRECTOR	N/A	Director	$0	$0	$0
DIANA WADE	DIRECTOR	N/A	Director	$0	$0	$0
MARTIN MCCLELLAN	TREASURER	N/A	Officer	$0	$0	$0
JOEL PARGMAN	2ND VICE PRE	N/A	Officer	$0	$0	$0
LARA WICKES	PRESIDENT	N/A	Officer	$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	$375,163	$378,801	$319,287	$-3,638
2024	No data	No data	No data	No data
2023	$67,195	$79,076	$344,272	$-11,881
2022	$59,553	$68,739	$357,395	$-9,186
2021	$62,628	$72,050	$368,810	$-9,422
2020	$58,391	$62,783	$376,267	$-4,392
2019	$88,204	$93,992	$381,491	$-5,788
2018	$81,278	$114,412	$388,668	$-33,134

RECORDING MUSICIANS ASSOCIATION OF THE US & CANADA