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 Institute provides classical music scholarships primarily to children from 5 to 17 years of age, but also to some adults. The instruction is in individual instruments, chamber ensembles, and small orchestra. It also presents public concert recitals of these students and their teachers.
92 individual scholarship awards were made for taking advanced music training. Awards were made on the basis of talent, a willingness to take two lessons per week, adhere to a suitable practice...
92 individual scholarship awards were made for taking advanced music training. Awards were made on the basis of talent, a willingness to take two lessons per week, adhere to a suitable practice schedule, and have the need for such support. Scholarships are awarded by a committee of judges formed from the grantee organization.
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
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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.