Cambridge, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)World Music Inc, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 14% surplus.
The presentation of a multi-disciplinary and culturally diverse performing arts series that connects performing artists from many cultures and disciplines with the diverse communities of greater Boston.
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 | $2,867,522 | $2,346,727 | +0.2% |
| Expenses | $2,478,898 | $2,268,688 | +0.1% |
| Net Income | $388,624 | $78,039 | +4.0% |
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 |
|---|---|---|---|---|---|---|
| Maure Aronson | Founder and Director of Ar | 30.00 |
Officer
Director
|
$225,547 | $46,376 | $271,923 |
| Alan Geismer | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Edith Joyce | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nagesh Mahanthappa | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Eric Klotch | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Andrea Itano | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Purnima Thakre | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jean Appolon | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Yusuf Abudi | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kendra Moore | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Amaya Price | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rima Hyder | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Constance Chin | Chief Executive Officer | 30.00 |
Officer
|
$229,768 | $48,668 | $278,436 |
| Jennifer Fox | Director of Marketing and Public Relations | 40.00 |
Highest
|
$105,143 | $19,122 | $124,265 |
| Catherine Ianno | Director of Advancement | 40.00 |
Highest
|
$109,487 | $23,766 | $133,253 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,867,522 | $2,478,898 | $2,441,767 | $388,624 |
| 2023 | $2,346,727 | $2,268,688 | $2,180,590 | $78,039 |
| 2022 | $2,657,568 | $1,866,284 | $1,832,037 | $791,284 |
| 2021 | $959,768 | $694,990 | $1,052,825 | $264,778 |
| 2020 | $1,907,977 | $2,146,814 | $762,050 | $-238,837 |
| 2019 | $2,203,045 | $2,292,295 | $1,119,103 | $-89,250 |
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