Stamford, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF MUSIC OF STAMFORD N Y INC, founded in 1987, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $49K in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $16K, a strong 32% operating margin.
Organize and produce 9 affordably priced donation - no one would be turned away - musical concerts open to the public at Stamford United Methodist Church. Featuring classically trained musicians drawing audiences from local and surrounding towns and communities. *DUE TO THE COVID 19 PANDEMIC, AND SUBSEQUENT NEW YORK STATE "PAUSE", WE WERE ONLY ABLE TO HOLD 5 OF THE 9 SCHEDULED PERFORMANCES*
August 2020 Concert - Adrian Durov & Sherry Shieh. Due to the COVID 19 Pandemic, and the subsequent suspension of all entertainment in the State of New York, this was our first performance of the...
August 2020 Concert - Adrian Durov & Sherry Shieh. Due to the COVID 19 Pandemic, and the subsequent suspension of all entertainment in the State of New York, this was our first performance of the season, for which we also applied for a grant for additional funds via Roxbury Arts Group - the New York State Council on the Arts Decentralization Grant, which we received $2,500.00 Because there were still significant restrictions, we had this as an invitation only performance, which we recorded for others to view at a later date.
September 2020 Concert - PubliQuartet ensemble performed for our first public performance of the season/year. We rented a tent and required reservations, due to the ongoing COVID 19 restrictions in...
September 2020 Concert - PubliQuartet ensemble performed for our first public performance of the season/year. We rented a tent and required reservations, due to the ongoing COVID 19 restrictions in NYS.
October 2020 Concert - Tesla Quartet. Other than our main grantor, the Robinson-Broadhurst Foundation, whose funds apply to the entire season's operating budget, no other individual grants were...
October 2020 Concert - Tesla Quartet. Other than our main grantor, the Robinson-Broadhurst Foundation, whose funds apply to the entire season's operating budget, no other individual grants were applied for. This was our first in-person concert indoors. We did require reservations.
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)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $49,427 | $59,195 | -0.2% |
| Expenses | $33,483 | $50,838 | -0.3% |
| Net Income | $15,944 | $8,357 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| Dusanka Miscevic | Artistic Director | 9 |
Officer
Director
Key Emp
|
$4,820 | $0 | $4,820 |
| Sara Evans | Business Administrator & Treasurer | 8 |
Officer
Director
Key Emp
|
$4,600 | $0 | $4,600 |
| Miriam Sharick | President/Recording Secretary | 2 |
Officer
Director
Key Emp
|
$0 | $0 | $0 |
| Marcella Gonzales | Vice President | 0.15 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Kane | Member at Large | 0.15 |
Director
|
$0 | $0 | $0 |
| Eva Lisa Kovalik | Founder/Board Member | 0.05 |
|
$0 | $0 | $0 |
| Marianne Mukai | Web Director | 1 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $49,427 | $33,483 | $81,476 | $15,944 |
| 2019 | $59,195 | $50,838 | $49,746 | $8,357 |
| 2018 | $56,107 | $47,480 | $42,416 | $8,627 |
Compare FRIENDS OF MUSIC OF STAMFORD N Y INC with other nonprofits in New York and across the country.