BOSTON MUSICA VIVA INC

EIN: 237135191 501(c)(3)

BRIGHTON, MA

Total Revenue
$199,204
Total Expenses
$195,668
Total Assets
$13,616
Net Assets
$13,616
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MA
Principal Officer
ROBERT PAPE
Phone
6173546910
Tax Period
2019-07-01 to 2020-06-30

BOSTON MUSICA VIVA INC, founded in 1971, is a small nonprofit that reported $199K in total revenue in fiscal year 2019. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO BROADEN EXPERIENCE, KNOWLEDGE AND ENJOYMENT OF EVERY STYLE OF NEW MUSIC BY EMBRACING THE FULL RANGE OF TODAY'S COMPOSITIONAL ACTIVITY AND GIVING VOICE TO MUSIC THAT MIGHT OTHERWISE NOT BE HEARD.

Program Service Accomplishments

Program 1
Expenses: $139,008 Revenue: $3,435

CONCERTS OF CONTEMPORARY MUSIC WERE PRESENTED TO THE PUBLIC. THESE CONCERTS WERE PERFORMED BY AN ENSEMBLE OF TALENTED MUSICIANS AND FEATURED THE WORK OF UP-AND-COMING COMPOSERS. THROUGH SEVERAL...

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CONCERTS OF CONTEMPORARY MUSIC WERE PRESENTED TO THE PUBLIC. THESE CONCERTS WERE PERFORMED BY AN ENSEMBLE OF TALENTED MUSICIANS AND FEATURED THE WORK OF UP-AND-COMING COMPOSERS. THROUGH SEVERAL SERIES OF CONCERTS, MUSIC NOT AVAILABLE ELSEWHERE WAS PLAYED TO AND HEARD BY APPRECIATIVE AUDIENCES.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $195,769
Program Service Revenue $3,435
Investment Income $0
Other Revenue $0
TOTAL REVENUE $199,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,791
Fundraising Expenses $6,633
Program Expenses $139,008
Other Expenses $124,877
TOTAL EXPENSES $195,668

Year-over-Year Comparison

2019 2018 Change
Revenue $199,204 $272,111 -0.3%
Expenses $195,668 $265,499 -0.3%
Net Income $3,536 $6,612 -0.5%
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

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Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
4

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
3
$65,684
Total Directors
10
$65,684
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PAPE EXECUTIVE DIRECTOR 40.00
Officer Director
$59,375 $6,309 $65,684
MICHAEL GANDOLFI DIRECTOR 1.00
Director
$0 $0 $0
MARILYN BONE KLOSS DIRECTOR 1.00
Director
$0 $0 $0
JOHN LAPE DIRECTOR 1.00
Director
$0 $0 $0
L LASZLO MESZOLY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD PITTMAN DIRECTOR 1.00
Director
$0 $0 $0
WAYNE SCHWEIDENBACK DIRECTOR 1.00
Director
$0 $0 $0
NATHAN D SOMOGIE DIRECTOR/TREASURER 1.00
Director
$0 $0 $0
NICHOLAS ALTENBERND DIRECTOR/SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD CORNELL DIRECTOR/PRESIDENT 1.00
Officer 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
2020 $199,204 $195,668 $13,616 $3,536
2019 $272,111 $265,499 $10,080 $6,612
2018 $210,207 $209,350 $3,468 $857
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