INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INC, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $659K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $920K exceeded revenue, resulting in a 40% operating deficit.
THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS (IVCI) RECOGNIZES, REWARDS AND PROMOTES THE WORLD'S FINEST YOUNG CLASSICAL VIOLINISTS AND ENCOURAGES UNDERSTANDING, APPRECIATION AND SUPPORT OF THE VIOLIN REPERTOIRE BY A LARGE AND DIVERSE AUDIENCE. THE IVCI UTILIZES ITS WORLD PROMINENCE TO BRING INTERNATIONAL ATTENTION TO INDIANAPOLIS, AND MAINTAINS ITS EFFORTS TO BE A VISIBLE AND COLLABORATIVE MEMBER OF THE ARTS COMMUNITIES IN INDIANAPOLIS AND INDIANA.
THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS FULFILLS ITS MISSION BY SPONSORING AND PRODUCING ONE OF THE WORLD'S LEADING VIOLIN COMPETITIONS ON A QUADRENNIAL BASIS, AND EDUCATION AND PUBLIC...
THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS FULFILLS ITS MISSION BY SPONSORING AND PRODUCING ONE OF THE WORLD'S LEADING VIOLIN COMPETITIONS ON A QUADRENNIAL BASIS, AND EDUCATION AND PUBLIC OUTREACH PROGRAMS.
THE IVCI LAUREATE SERIES FEATURES PAST PRIZE WINNERS AND GUESTS IN RECITAL AND IN CONCERT WITH AREA ENSEMBLES BRINGING THE EXCITEMENT OF THE COMPETITION BACK TO INDIANA ANNUALLY (SERVING APPROX. 2000...
THE IVCI LAUREATE SERIES FEATURES PAST PRIZE WINNERS AND GUESTS IN RECITAL AND IN CONCERT WITH AREA ENSEMBLES BRINGING THE EXCITEMENT OF THE COMPETITION BACK TO INDIANA ANNUALLY (SERVING APPROX. 2000 PEOPLE).
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $658,721 | $943,585 | -0.3% |
| Expenses | $919,554 | $886,282 | +0.0% |
| Net Income | $-260,833 | $57,303 | -5.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVE HAMILTON | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MACLEAN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAWN BENNETT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KURT TORNQUIST | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTINA ABOSSEDGH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIO ARANGO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SONIA ARNOLD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DREW DUNHAM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIA GARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EMILY GIESEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOBY GILL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN GUY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STANTON JACOBS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL KIM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIBOR KLOPFER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN LIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH LOUGHREY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN MANGIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROXANNE MCGETTIGAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PEGGY MYERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN BROCK WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GLEN KWOK | EXECUTIVE DIRECTOR | 60.00 |
Officer
|
$171,880 | $29,387 | $201,267 |
| MARY JANE SORBERA | DIRECTOR OF DEVELOPMENT | 40.00 |
Highest
|
$126,444 | $14,270 | $140,714 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $658,721 | $919,554 | $1,240,101 | $-260,833 |
| 2024 | $943,585 | $886,282 | $1,498,028 | $57,303 |
| 2023 | $2,120,508 | $2,100,513 | $1,417,979 | $19,995 |
| 2022 | $740,029 | $1,066,598 | $1,407,015 | $-326,569 |
| 2021 | $819,704 | $768,191 | $1,812,080 | $51,513 |
| 2020 | $694,629 | $708,771 | $1,678,198 | $-14,142 |
| 2019 | $2,190,555 | $1,788,628 | $1,700,990 | $401,927 |
| 2018 | $575,931 | $881,231 | $1,322,553 | $-305,300 |
Compare INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INC with other nonprofits in Indiana and across the country.