Albany, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF CHAMBER MUSIC OF TROY NY INC, founded in 1957, is a small nonprofit that reported $107K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $139K exceeded revenue, resulting in a 31% operating deficit.
Present live chamber music performances to an adult and student audience.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $106,688 | $130,314 | -0.2% |
| Expenses | $139,272 | $120,332 | +0.2% |
| Net Income | $-32,584 | $9,982 | -4.3% |
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 |
|---|---|---|---|---|---|---|
| Michael Kirsty | Executive Director | 40 |
Key Emp
|
$18,042 | $0 | $18,042 |
| Etienne Abelin | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Barbara Carlson | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Andrea Cunliffe | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Beatrice Kovasznay | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Asaad Saad | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Sara Saplin | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Alana Picozzi | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| John Crable | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Jennifer Laursen | Artistic Director | 1 |
Director
|
$0 | $0 | $0 |
| Shawna Mizer | President | 1 |
Officer
|
$0 | $0 | $0 |
| Charlie Kruzansky | Vice President | 1 |
Officer
|
$0 | $0 | $0 |
| Fred Hildebrand | Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| Jacob Benninger | Treasurer | 5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $106,688 | $139,272 | $2,200,090 | $-32,584 |
| 2023 | $130,314 | $120,332 | $1,857,952 | $9,982 |
| 2022 | $56,492 | $94,107 | $1,609,060 | $-37,615 |
| 2021 | $81,656 | $62,184 | $1,837,760 | $19,472 |
| 2020 | $70,749 | $61,897 | $1,332,389 | $8,852 |
| 2020 | $70,749 | $61,897 | $1,332,389 | $8,852 |
| 2019 | $43,755 | $48,616 | $1,274,064 | $-4,861 |
Compare FRIENDS OF CHAMBER MUSIC OF TROY NY INC with other nonprofits in New York and across the country.