SONGWRITERS' HALL OF FAME INC

EIN: 237051690 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$2,013,654
Total Expenses
$773,471
Total Assets
$8,857,676
Net Assets
$8,033,176
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Principal Officer
THOMAS KELLY
Phone
2129579230
Tax Period
2024-07-01 to 2025-06-30

SONGWRITERS' HALL OF FAME INC, founded in 1969, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 62% operating margin.

Mission

TO MEMORIALIZE COMPOSERS AND AUTHORS THROUGH THEIR MUSICAL COMPOSITIONS BY INDUCTING SELECTEES INTO THE SONGWRITERS HALL OF FAME. TO DEVELOP A MUSEUM WHICH WOULD PROMOTE SONGWRITING AND ITS HISTORY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,913,088
Program Service Revenue $1,607
Investment Income $253,227
Other Revenue $-1,154,268
TOTAL REVENUE $2,013,654

Expense Breakdown

Grants Paid $90,000
Salaries & Benefits $200,000
Fundraising Expenses $116,165
Program Expenses $290,000
Other Expenses $403,686
TOTAL EXPENSES $773,471

Year-over-Year Comparison

2024 2023 Change
Revenue $2,013,654 $1,804,591 +0.1%
Expenses $773,471 $727,408 +0.1%
Net Income $1,240,183 $1,077,183 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1386
Independent Members
1385
Employees
N/A
Volunteers
N/A

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
8
$200,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA MORAN PRESIDENT/CEO 55.00
Officer
$200,000 $0 $200,000
NILE RODGERS CHAIRMAN 10.00
Officer
$0 $0 $0
THOMAS KELLY CHIEF FINANCIAL OFFICER 10.00
Officer
$0 $0 $0
DAVID M ISRAELITE SENIOR VICE PRESIDENT 10.00
Officer
$0 $0 $0
MIKE O'NEILL SENIOR VICE PRESIDENT 10.00
Officer
$0 $0 $0
ELIZABETH MATTHEWS SENIOR VICE PRESIDENT 10.00
Officer
$0 $0 $0
MARY JO MENNELLA SECRETARY 10.00
Officer
$0 $0 $0
JOHN H JOSEPHSON DIRECTOR 10.00
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 $2,013,654 $773,471 $8,857,676 $1,240,183
2024 $1,804,591 $727,408 $7,643,688 $1,077,183
2023 $1,635,397 $604,863 $6,478,317 $1,030,534
2022 $1,572,186 $518,940 $5,285,198 $1,053,246
2021 $488,673 $426,577 $4,716,824 $62,096
2020 $1,196,842 $1,037,617 $4,952,150 $159,225
2019 $1,280,544 $638,575 $5,460,051 $641,969
2018 $955,625 $509,649 $4,623,813 $445,976
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SONGWRITERS' HALL OF FAME INC with other nonprofits in New York and across the country.