San Francisco, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Kronos Performing Arts Association, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 63% operating deficit.
FOR 50 YEARS, SAN FRANCISCOS KRONOS QUARTET/KRONOS PERFORMING ARTS ASSOCIATION HAS PURSUED A SINGULAR ARTISTIC VISION. {Continued on Schedule O}
PERFORMANCES: THE KRONOS QUARTET TOURS FOR SEVERAL MONTHS EACH YEAR ACROSS THE U.S. AND AROUND THE WORLD, PERFORMING IN CONCERT HALLS, UNIVERSITIES, OUTDOOR VENUES, AND FESTIVALS. IN 2023/2024 KRONOS...
PERFORMANCES: THE KRONOS QUARTET TOURS FOR SEVERAL MONTHS EACH YEAR ACROSS THE U.S. AND AROUND THE WORLD, PERFORMING IN CONCERT HALLS, UNIVERSITIES, OUTDOOR VENUES, AND FESTIVALS. IN 2023/2024 KRONOS CELEBRATED ITS 50TH ANNIVERSARY WITH 50 OFFICIAL EVENTS IN THE UNITED STATES AS WELL AS CONCERTS IN CANADA, THE NETHERLANDS, FRANCE, TURKEY, MEXICO, GERMANY AND OTHER LOCATIONS. KRONOS PERFORMS REGULARLY IN THE SAN FRANCISCO BAY AREA WITH APPEARANCES AT STANFORDS BING CONCERT HALL, UC BERKELEYS ZELLERBACH HALL, AND MARINS RANCHO NICASIO, AMONG OTHERS. IN APRIL 2025, KPAA RETURNED TO SAN FRANCISCOS SFJAZZ CENTER TO PRESENT THE ANNUAL KRONOS FESTIVAL FEATURING KRONOS AND MANY GUEST ARTISTS.
PRESERVATION: IN APRIL 2024 IT WAS ANNOUNCED THAT KPAA HAS GIFTED THE KRONOS ARCHIVE TO THE LIBRARY OF CONGRESS THE LARGEST LIBRARY IN THE WORLD SECURING ACCESS TO THE KRONOS QUARTET/KRONOS...
PRESERVATION: IN APRIL 2024 IT WAS ANNOUNCED THAT KPAA HAS GIFTED THE KRONOS ARCHIVE TO THE LIBRARY OF CONGRESS THE LARGEST LIBRARY IN THE WORLD SECURING ACCESS TO THE KRONOS QUARTET/KRONOS PERFORMING ARTS ASSOCIATION LEGACY IN PERPETUITY. KRONOS EXPANSIVE DISCOGRAPHY ON NONESUCH RECORDS AND OTHER LABELS INCLUDES ALBUMS SUCH AS PIECES OF AFRICA (1992), A SHOWCASE OF AFRICAN COMPOSERS; KRONOS QUARTET: 25 YEARS (1998), A TEN-DISC ANTHOLOGY; AND THREE GRAMMY-WINNING ALBUMS: ALBAN BERGS LYRIC SUITE (2003), FEATURING RENOWNED SOPRANO DAWN UPSHAW; LANDFALL (2018) WITH LAURIE ANDERSON; AND TERRY RILEYS SUN RINGS (2019). (Continued on Schedule O)
EDUCATION: KRONOS PROVIDES MENTORSHIP AND EDUCATION PROGRAMS ACROSS THE U.S. AND AROUND THE WORLD. IN JANUARY 2015, KPAA LAUNCHED KRONOS FIFTY FOR THE FUTURE, AN INITIATIVE WHICH HAS COMMISSIONED 50...
EDUCATION: KRONOS PROVIDES MENTORSHIP AND EDUCATION PROGRAMS ACROSS THE U.S. AND AROUND THE WORLD. IN JANUARY 2015, KPAA LAUNCHED KRONOS FIFTY FOR THE FUTURE, AN INITIATIVE WHICH HAS COMMISSIONED 50 NEW WORKS DESIGNED ESPECIALLY FOR STUDENTS AND EMERGING PROFESSIONAL MUSICIANS. KRONOS PREMIERED, RECORDED, AND PUBLISHED EACH PIECE, AND CREATED COMPANION MATERIALS INCLUDING SHEET MUSIC, RECORDINGS, INTERVIEWS, AND NOTES, WHICH ARE PROVIDED ONLINE FOR FREE. IN 2021/22 KPAA RELEASED THE FINAL SET OF WORKS TO COMPLETE THE COLLECTION. KPAA ALSO CONTINUED THE ANNUAL EDUCATION PROGRAM KRONOS MUSIC: THE FUTURE IS NOW, A VIRTUAL RESIDENCY FOR MORE THAN 100 HIGH SCHOOL STUDENTS ACROSS FIVE STATES AND CANADA. KPAA ALSO ADVISES OTHER ORGANIZATIONS AND ARTISTS ON AN ONGOING BASIS.
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 | $1,143,952 | $2,944,140 | -0.6% |
| Expenses | $1,866,151 | $2,873,016 | -0.4% |
| Net Income | $-722,199 | $71,124 | -11.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Janet Cowperthwaite | Exec Director | 40.00 |
Officer
Director
|
$112,805 | $28,770 | $141,575 |
| Mason Dille | Dev Director | 40.00 |
|
$100,000 | $10,905 | $110,905 |
| David Harrington | Member | 40.00 |
Director
|
$108,500 | $643 | $109,143 |
| Paul Wiancko | Member | 22.00 |
Director
|
$48,000 | $7,348 | $55,348 |
| Ann-Marie Daniels | Managing Dir | 40.00 |
Officer
|
$7,500 | $0 | $7,500 |
| Drew McCalley | President | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Greg G Minshall | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeanne Giordano | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Priscilla Stoyanof | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth Foster | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Andrea Lunsford | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Evan Neff | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Vasudevan Panicker | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Alice Wingwall | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Sumiko Ito Allison | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Edward King | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,143,952 | $1,866,151 | $1,190,384 | $-722,199 |
| 2024 | $2,944,140 | $2,873,016 | $1,929,921 | $71,124 |
| 2024 | $2,944,139 | $2,851,450 | $1,957,294 | $92,689 |
| 2023 | $2,993,162 | $2,451,113 | $2,024,130 | $542,049 |
| 2022 | $2,774,082 | $2,302,667 | $1,591,460 | $471,415 |
| 2021 | $1,635,399 | $1,510,784 | $1,161,077 | $124,615 |
| 2020 | $1,961,196 | $2,443,593 | $863,008 | $-482,397 |
| 2019 | $2,385,167 | $2,729,778 | $1,154,400 | $-344,611 |
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