THE MUSIC TEACHERS' ASSOCIATION OF CALIFORNIA FOUNDATION (EIN 237131355) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

JANICE BASTIN

Phone

9254764976

Tax Period

2023-08-01 to 2024-07-31

THE MUSIC TEACHERS' ASSOCIATION OF CALIFORNIA FOUNDATION, founded in 1989, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $77K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $36K, a strong 47% operating margin.

Mission

TO PROMOTE MUSIC AND MUSIC EDUCATION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $41,405

Program Service Revenue $268

Investment Income $35,032

Other Revenue $223

TOTAL REVENUE $76,928

Expense Breakdown

Grants Paid $26,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,346

Other Expenses $13,723

TOTAL EXPENSES $40,573

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,928	$153,703	-0.5%
Expenses	$40,573	$44,560	-0.1%
Net Income	$36,355	$109,143	-0.7%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE BASTIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARGARET PERRY	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHUTAPHIN YEAGER	SECOND VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JEANETTE DREIFUERST	TREASURER	1.00	Officer Director	$0	$0	$0
ROBIN CLARY	MEMBERSHIP SECRETARY	0.25	Officer Director	$0	$0	$0
MICHAEL ELDRIDGE	RECORDING SECRETARY	0.25	Officer Director	$0	$0	$0
ALICIA ELSWORTH	FIRST DIRECTOR	0.25	Director	$0	$0	$0
KATE RUBKE-FOXWORTH	SECOND DIRECTOR	0.25	Director	$0	$0	$0
WILLIAM WELLWOOD	THIRD DIRECTOR	1.00	Director	$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
2024	$76,928	$40,573	$1,121,936	$36,355
2023	$153,703	$44,560	$1,040,806	$109,143
2022	$74,200	$40,277	$928,317	$33,923
2021	$123,510	$41,932	$1,005,445	$81,578
2020	$54,007	$49,619	$772,099	$4,388
2019	$58,664	$43,235	$720,943	$15,429
2018	$58,424	$40,227	$705,495	$18,197

THE MUSIC TEACHERS' ASSOCIATION OF CALIFORNIA FOUNDATION