TUESDAY MUSICAL CLUB

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1921

Legal Domicile

Principal Officer

GERALD J AGIN

Phone

4126820439

Tax Period

2024-05-01 to 2025-04-30

TUESDAY MUSICAL CLUB, founded in 1921, is a small nonprofit that reported $140K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 18% operating margin.

Mission

STRIVES TO PROMOTE & SHARE THE BEAUTY OF MUSIC. 1. PROMOTE MUSICAL EDUCATION 2. PROVIDE PERFORMANCE OPPORTUNITIES FOR MEMBERS. 3. PROVIDE MUSICAL ENJOYMENT TO RESIDENTS OF NURSING HOMES, SENIOR CENTERS & SUBSIDIZED HOUSING 4. PROMOTE THE ORGANIZATION TO THE WIDER COMMUNITY & INCREASE NON-MEMBER PARTICIPATION. 5. INSURE THE VITALITY OF THE ORGANIZATION 6. MAINTAIN & INCREASE OUR MEMBERSHIP.

Program Service Accomplishments

Program 1

Expenses: $80,643

OUR SCHOLARSHIPS ARE AVAILABLE TO POST-HIGH SCHOOL STUDENTS UNDER THE AGE OF 25 AND ENGAGED IN FULL-TIME MUSIC STUDY, WITH THE GEOGRAPHIC RESTRICTION THAT THE FAMILY RESIDENCE MUST BE WITHIN 100...

OUR SCHOLARSHIPS ARE AVAILABLE TO POST-HIGH SCHOOL STUDENTS UNDER THE AGE OF 25 AND ENGAGED IN FULL-TIME MUSIC STUDY, WITH THE GEOGRAPHIC RESTRICTION THAT THE FAMILY RESIDENCE MUST BE WITHIN 100 MILES OF PITTSBURGH. OUR SCHOLARSHIP PROGRAMS SUPPORT YOUTH BOTH FINANCIALLY AND WITH PERFORMANCE OPPORTUNITIES. SCHOLARSHIP AUDITIONS ARE HELD BI-ANNUALLY AND, THIS SESSION, A TOTAL OF 64,317 HAS BEEN AWARDED TO 18 SCHOLARSHIP WINNERS. (FUNDS FOR SCHOLARSHIP AWARDS ARE SEPARATE FROM OUR OPERATING BUDGET.) OUR SCHOLARSHIP WINNERS MAY ALSO PERFORM ON TUESDAY AFTERNOON PUBLIC CONCERTS, AT A SPECIAL SUNDAY AFTERNOON WINNERS RECITAL AND AT MONTHLY MEETINGS IN THE HOMES OF CLUB MEMBERS.

Program 2

Expenses: $15,458

THROUGH OUR MUSICARE PROGRAM, OUR MEMBERS PERFORM IN NURSING HOMES AND RETIREMENT CENTERS THROUGHOUT ALLEGHENY COUNTY. OUR ACTIVITIES ARE PARTICULARLY RELEVANT TO SENIOR CITIZENS. MANY OF OUR MEMBERS ARE RETIREES WHO HAVE RETURNED TO THE MUSICAL INTEREST OF THEIR YOUTH AFTER A CAREER IN OTHER FIELDS. OUR FREE PUBLIC PROGRAMS AND MANY OF OUR DIVISION ACTIVITIES ARE DAYTIME EVENTS AND THUS APPEAL TO MANY SENIOR CITIZENS. MOST OF OUR ACTIVITIES ARE HELD IN PUBLIC LOCATIONS THAT ARE ACCESSIBLE BY PUBLIC TRANSPORTATION AND BY ENTRANCE RAMPS. THESE FACTORS ARE IMPORTANT TO MANY SENIOR CITIZENS, AS WELL AS PHYSICALLY CHALLENGED PERSONS OF ALL AGES. MANY OF OUR AUDIENCE MEMBERS FALL INTO THE FIXED INCOME CATEGORY. OUR FREE CONCERTS ARE INTENDED TO MAKE CLASSICAL MUSIC AVAILABLE WITHOUT THE BARRIER OF TICKET PURCHASE REQUIREMENTS FOR THOSE ON LIMITED INCOMES. OUR SUNDAY AFTERNOON PROGRAMS IN PRIVATE HOMES ARE PARTICULARLY APPEALING TO STUDENTS AND FULL-TIME EMPLOYED MUSICIANS AND MUSIC LOVERS.

Program 3

Expenses: $31 Revenue: $3,240

TUESDAY MUSICAL CLUB SERVES THE GENERAL PUBLIC, ESPECIALLY THOSE WHO ARE INTERESTED IN, OR WOULD LIKE TO BE INVOLVED IN, CLASSICAL MUSIC. IN ADDITION TO OUR FREE PUBLIC CONCERTS FOR MUSIC LOVERS AND STUDENTS, WE OFFER OPPORTUNITIES FOR PERFORMANCE, COACHING, AND CRITIQUES TO THOSE WHO ARE WORKING ON THEIR OWN DEVELOPMENT AS MUSICIANS. OUR MEMBERS AND AUDIENCE ARE DRAWN FROM SUBURBAN AND URBAN ALLEGHENY COUNTY, WITH A SMALL NUMBER FROM SURROUNDING COUNTIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $68,700

Program Service Revenue $3,240

Investment Income $68,279

Other Revenue $0

TOTAL REVENUE $140,219

Expense Breakdown

Grants Paid $64,317

Salaries & Benefits $21,871

Fundraising Expenses $2,628

Program Expenses $96,132

Other Expenses $28,482

TOTAL EXPENSES $114,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,219	$116,776	+0.2%
Expenses	$114,670	$93,592	+0.2%
Net Income	$25,549	$23,184	+0.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

179

Independent Members

178

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

Total Directors

$19,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANETTE KAPLAN SOLOMON	PRESIDENT	10.00	Officer Director	$0	$0	$0
JANET STIVANSON	1ST VICE PRE	2.00	Officer Director	$0	$0	$0
BARBARA FOLB	2ND VICE PRE	2.00	Officer Director	$0	$0	$0
MELISSA KENTON	3RD VICE PRE	2.00	Officer Director	$0	$0	$0
CEINWEN KING-SMITH	RECORDING SE	2.00	Officer Director	$0	$0	$0
GERALD J AGIN	TREASURER	10.00	Officer Director	$0	$0	$0
RUTH ANN MCCHESNEY	FEDERATION S	2.00	Officer Director	$0	$0	$0
JANICE COPPOLA	DIRECTOR	2.00	Director	$0	$0	$0
JOHN CRIST	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE CROTTY	DIRECTOR	2.00	Director	$0	$0	$0
ROGER DAY	DIRECTOR	2.00	Director	$0	$0	$0
TERRI DENMON-AGIN	DIRECTOR	20.00	Director	$19,541	$0	$19,541
CHARLIE DRUMMOND	DIRECTOR	2.00	Director	$0	$0	$0
CAROL FRALEY	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE GRAY-SCHAFFER	DIRECTOR	2.00	Director	$0	$0	$0
KIRK HOWE	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET LASKE	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA MANDEL	DIRECTOR	2.00	Director	$0	$0	$0
AMAURY MORALES	DIRECTOR	2.00	Director	$0	$0	$0
JOAN MURDOCH	DIRECTOR	2.00	Director	$0	$0	$0
MARILYN MYERS	DIRECTOR	2.00	Director	$0	$0	$0
ROSEMARY PAVLOVSKY	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE PEARSALL	DIRECTOR	2.00	Director	$0	$0	$0
CONNIE PHILLIPS	DIRECTOR	2.00	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	$140,219	$114,670	$831,585	$25,549
2024	$116,776	$93,592	$805,274	$23,184
2023	$110,639	$105,445	$754,046	$5,194
2022	$120,150	$77,817	$778,962	$42,333
2021	$101,446	$81,097	$822,000	$20,349
2020	$91,645	$91,025	$695,050	$620
2019	$111,219	$91,554	$703,858	$19,665