Haverford, PA
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Sign In — Free (10 views/day)NBS CLASSICAL MUSIC INSTITUTE INC, founded in 1994, is a micro nonprofit in the Education sector that reported $50K in total revenue in fiscal year 2023. Expenses of $107K exceeded revenue, resulting in a 117% operating deficit.
The NBS Classical Music Institute supports gifted and hardworking students through a merit-based scholarship program and provides support for student chamber groups and ensembles. Additionally, the Institute presents high-level classical concerts, masterclasses, and workshops to the greater Philadelphia community. Scholarship recipients have won top prizes in national, and international competitions, performed as soloists with numerous orchestras including the Philadelphia Orchestra, and appeared in music festivals in the USA, Italy, France, Russia, including the Tanglewood Music Festival and the Van Cliburn Institute. They have performed at such concert venues as Carnegie Hall and the Kimmel Center. Scholarship students have gone on to attend top universities and music conservatories, including Harvard, Princeton, Yale, University of Pennsylvania, and the Manhattan and Eastman Schools of Music.
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 | $49,539 | N/A | N/A |
| Expenses | $107,420 | N/A | N/A |
| Net Income | $-57,881 | $0 | N/A |
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 |
|---|---|---|---|---|---|---|
| David Lefkovitz | Consultant | 0.5 |
Key Emp
Highest
|
$5,500 | $0 | $5,500 |
| Elena Berman | President | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Helen Xing | Director | 1 |
Director
|
$0 | $0 | $0 |
| Magdaline Intzes | Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $49,539 | $107,420 | $579,107 | $-57,881 |
| 2020 | $34,239 | $90,609 | $784,853 | $-56,370 |
| 2019 | $53,151 | $156,759 | $778,696 | $-103,608 |
Compare NBS CLASSICAL MUSIC INSTITUTE INC with other nonprofits in Pennsylvania and across the country.