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.
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.
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.