MUSICOPIA INC (EIN 237397981) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

KATE LOMBARDI

Phone

2158299522

Tax Period

2024-07-01 to 2025-06-30

MUSICOPIA INC, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 50% operating margin.

Mission

MUSICOPIAS MISSION IS TO PROVIDE EQUITABLE ACCESS TO MUSIC EDUCATION AND ENRICHMENT, ENCOURAGING SELF-CONFIDENCE, GLOBAL AWARENESS, DEDICATION AND JOY IN PRE-K TO 12TH GRADE STUDENTS AND THEIR COMMUNITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,936,310

Program Service Revenue $162,560

Investment Income $40,619

Other Revenue $147,506

TOTAL REVENUE $4,286,995

Expense Breakdown

Grants Paid $66,100

Salaries & Benefits $1,007,492

Fundraising Expenses $167,684

Program Expenses $1,698,718

Other Expenses $1,075,807

TOTAL EXPENSES $2,149,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,286,995	$2,072,144	+1.1%
Expenses	$2,149,399	$1,803,491	+0.2%
Net Income	$2,137,596	$268,653	+7.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$150,579

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE CHARLTON	PRESIDENT	32.00	Officer	$117,853	$32,726	$150,579
RICHARD M GORDON IV	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
LYNNE MILLARD	SECRETARY	0.50	Officer Director	$0	$0	$0
JOHN SCHUELER	TREASURER	0.50	Officer Director	$0	$0	$0
JOSEPH BATORY	DIRECTOR	0.50	Director	$0	$0	$0
JAMES E CAULEY JR	DIRECTOR	0.50	Director	$0	$0	$0
JACOB ELICH	DIRECTOR	0.50	Director	$0	$0	$0
ED SHARPE	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT FAST	DIRECTOR	0.50	Director	$0	$0	$0
EBONY LEE	DIRECTOR	0.50	Director	$0	$0	$0
TOM VALVANO	DIRECTOR	0.50	Director	$0	$0	$0
MONICA WILDES	DIRECTOR	0.50	Director	$0	$0	$0
ARTHUR CHIU	DIRECTOR	0.50	Director	$0	$0	$0
DAVID DISTEFANO	DIRECTOR	0.50	Director	$0	$0	$0
ELAN DRENNON	DIRECTOR	0.50	Director	$0	$0	$0
TAMMI FORBES	DIRECTOR	0.50	Director	$0	$0	$0
RAZELLE FRANKL PHD	DIRECTOR	0.50	Director	$0	$0	$0
LINDA E GROBMAN EDD	DIRECTOR	0.50	Director	$0	$0	$0
DAVID HELLER	DIRECTOR	0.50	Director	$0	$0	$0
EDWARD ISAACK	DIRECTOR	0.50	Director	$0	$0	$0
RHONDA MOORE	DIRECTOR	0.50	Director	$0	$0	$0
LAJU OBASAJU	DIRECTOR	0.50	Director	$0	$0	$0
BETHLEHEM ROBERSON	DIRECTOR	0.50	Director	$0	$0	$0
KADIA ROWE DMIN	DIRECTOR	0.50	Director	$0	$0	$0
GERONIMO VANNICOLA	DIRECTOR	0.50	Director	$0	$0	$0
STACI WILHELM	DIRECTOR	0.50	Director	$0	$0	$0
CHERI R WILLIAMS ESQ	DIRECTOR	0.50	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
2025	$4,286,995	$2,149,399	$3,080,043	$2,137,596
2024	No data	No data	No data	No data
2023	$1,357,828	$1,594,752	$670,068	$-236,924
2022	$1,214,458	$1,449,869	$886,541	$-235,411
2021	$1,595,061	$1,211,352	$1,211,790	$383,709
2020	$871,697	$1,125,715	$881,113	$-254,018
2019	$1,050,521	$1,216,760	$970,344	$-166,239

MUSICOPIA INC