NETWORK FOR NEW MUSIC (EIN 222629436) - 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

1984

Legal Domicile

Principal Officer

SUSANNA LOEWY

Phone

2158487647

Tax Period

2023-09-01 to 2024-08-31

NETWORK FOR NEW MUSIC, founded in 1984, is a small nonprofit that reported $228K in total revenue in fiscal year 2023. Expenses of $217K left a modest 5% surplus.

Mission

TO PRESENT, PERFORM AND COMMISSION NEW MUSIC BY ESTABLISHED AND EMERGING COMPOSERS, AND TO BROADEN THE APPRECIATION OF CONTEMPORARY MUSIC THROUGH EDUCATIONAL AND OUTREACH

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,638

Program Service Revenue $18,519

Investment Income $3,285

Other Revenue $0

TOTAL REVENUE $228,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,596

Fundraising Expenses $11,848

Program Expenses $141,344

Other Expenses $105,551

TOTAL EXPENSES $217,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$228,442	$218,449	+0.0%
Expenses	$217,147	$219,079	0.0%
Net Income	$11,295	$-630	-18.9%

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

Governance

Voting Members

Independent Members

Employees

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

$40,208

Total Directors

$38,883

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN DISANTO	EXECUTIVE DIRECTOR (FORMER)	25.00	Officer	$25,500	$0	$25,500
THOMAS SCHUTTENHELM	ARTISTIC DIRECTOR	25.00	Director	$38,883	$0	$38,883
SUSANNA LOEWY	EXECUTIVE DIRECTOR	25.00	Officer	$12,750	$1,958	$14,708
NAJIB WONG	CO-CHAIR	2.00	Director	$0	$0	$0
ANNE SILVERS LEE	CO-CHAIR	2.00	Director	$0	$0	$0
NAOMI GONZALEZ	VICE CHAIR	2.00	Director	$0	$0	$0
NANCY ADAMS DRYE	TREASURER	2.00	Director	$0	$0	$0
RICHARD QUINN	SECRETARY	2.00	Director	$0	$0	$0
INGRID ARAUCO	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD BRODHEAD	BOARD MEMBER	2.00	Director	$0	$0	$0
LOURDES STARR	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS KRAINES	BOARD MEMBER	2.00	Director	$0	$0	$0
JAN KRZYWICKI	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS WHITMAN	BOARD MEMBER	2.00	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
2024	$228,442	$217,147	$211,818	$11,295
2023	$218,449	$219,079	$200,523	$-630
2022	$202,393	$188,638	$201,153	$13,755
2021	$169,602	$145,004	$187,398	$24,598
2020	$159,474	$150,829	$162,800	$8,645

NETWORK FOR NEW MUSIC