INSTRUMENTAL MUSIC ASSOCIATION (EIN 233087015) - 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

2001

Legal Domicile

Principal Officer

KARA HOWE

Phone

6102502481

Tax Period

2023-07-01 to 2024-06-30

INSTRUMENTAL MUSIC ASSOCIATION, founded in 2001, is a small nonprofit in the Education sector that reported $509K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $446K left a modest 12% surplus.

Mission

SUPPORT GROUP FOR EASTON AREA HIGH SCHOOL MUSIC DEPARTMENT

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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 $69,476

Program Service Revenue $439,656

Investment Income $2

Other Revenue $0

TOTAL REVENUE $509,134

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $431,439

Other Expenses $440,436

TOTAL EXPENSES $446,436

Year-over-Year Comparison

	2023	2022	Change
Revenue	$509,134	$442,355	+0.2%
Expenses	$446,436	$390,669	+0.1%
Net Income	$62,698	$51,686	+0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANYA SLATE	VICE PRESIDE	4.00	Officer	$0	$0	$0
DORIS LYNCH	PRESIDENT	10.00	Officer	$0	$0	$0
KARA HOWE	TREASURER	6.00	Officer	$0	$0	$0
LYNN FRANKLIN	FINANCIAL MA	10.00	Officer	$0	$0	$0
NICOLE PIERCE	RECORDING SE	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$509,134	$446,436	$184,923	$62,698
2023	$442,355	$390,669	$122,225	$51,686
2022	$287,439	$253,052	$70,539	$34,387
2021	$57,171	$55,421	$39,628	$1,750
2020	$342,929	$426,049	$42,311	$-83,120
2019	$215,792	$99,639	$126,928	$116,153
2018	$408,681	$623,716	$11,369	$-215,035

INSTRUMENTAL MUSIC ASSOCIATION