NORTHWEST YOUTH MUSIC ASSOCIATION

EIN: 237411558 501(c)(3) Education

SEATTLE, WA

Total Revenue
$829,382
Total Expenses
$782,508
Total Assets
$172,020
Net Assets
$134,520
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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
1954
Legal Domicile
WA
Principal Officer
Brian Fisher
Phone
2063544589
Tax Period
2023-10-01 to 2024-09-30

NORTHWEST YOUTH MUSIC ASSOCIATION, founded in 1954, is a small nonprofit in the Education sector that reported $829K in total revenue in fiscal year 2023. Expenses of $783K left a modest 6% surplus.

Mission

THE NORTHWEST YOUTH MUSIC ASSOCIATION (NYMA) SUPPORTS PROGRAMS IN THE PERFORMING ARTS FOR YOUTH AGES 14-22, PRIMARILY IN THE STATES OF WASHINGTON, OREGON AND IDAHO

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $74,194
Program Service Revenue $755,188
Investment Income $0
Other Revenue $0
TOTAL REVENUE $829,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,000
Program Expenses $738,325
Other Expenses $782,508
TOTAL EXPENSES $782,508

Year-over-Year Comparison

2023 2022 Change
Revenue $829,382 $784,946 +0.1%
Expenses $782,508 $695,396 +0.1%
Net Income $46,874 $89,550 -0.5%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
30

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HAINING DIRECTOR 5
Director
$0 $0 $0
LETHA NELSON DIRECTOR 5
Director
$0 $0 $0
SUZANNE ROMAN TREASURER 5
Director
$0 $0 $0
GARY LYNCH SECRETARY 7
Director
$0 $0 $0
BRIAN FISHER CHAIRMAN 10
Director
$0 $0 $0
Jonathan Brown Director 2
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
2024 $829,382 $782,508 $172,020 $46,874
2023 $784,946 $695,396 $137,685 $89,550
2022 $124,535 $156,314 $79,609 $-31,779
2021 $38,344 $84,250 $69,006 $-45,906
2020 $211,741 $152,393 $176,903 $59,348
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