FRIENDS OF MUSIC CONCERTS INC (EIN 237398195) - 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

1969

Legal Domicile

Principal Officer

MARC AUSLANDER

Phone

9149417639

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF MUSIC CONCERTS INC, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $188K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $247K exceeded revenue, resulting in a 32% operating deficit.

Mission

PROVIDING CHAMBER MUSIC CONCERTS

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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 $116,772

Program Service Revenue $27,060

Investment Income $9,717

Other Revenue $34,110

TOTAL REVENUE $187,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,786

Other Expenses $247,211

TOTAL EXPENSES $247,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$187,659	$215,242	-0.1%
Expenses	$247,211	$212,800	+0.2%
Net Income	$-59,552	$2,442	-25.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN HARRIS	PRESIDENT	10.00	Director	$0	$0	$0
KEITH AUSTIN	VICE PRESIDENT	10.00	Director	$0	$0	$0
PETER ODEN	SECRETARY	10.00	Director	$0	$0	$0
BETSY SHAW WEINER	DIRECTOR	10.00	Director	$0	$0	$0
ROSELLA RANNO	DIRECTOR	10.00	Director	$0	$0	$0
BRUCE MACLENNAN BRUNNEMANN	DIRECTOR	2.00	Director	$0	$0	$0
DAVID KRAFT	DIRECTOR	2.00	Director	$0	$0	$0
SANDY GALEF	DIRECTOR	2.00	Director	$0	$0	$0
ROSELLA RANNO	DIRECTOR	2.00	Director	$0	$0	$0
PETER AUPPERLE	DIRECTOR	2.00	Director	$0	$0	$0
MARC AUSLANDER	TREASURER	10.00	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
2025	$187,659	$247,211	$407,596	$-59,552
2024	$215,242	$212,800	$422,586	$2,442
2023	$112,488	$148,680	$420,144	$-36,192
2022	$156,956	$127,043	$456,336	$29,913
2021	$104,585	$10,769	$426,426	$93,816
2020	$89,435	$78,320	$332,610	$11,115
2019	$120,802	$113,531	$321,495	$7,271

FRIENDS OF MUSIC CONCERTS INC