Portland, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Maine Academy of Modern Music, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 3% surplus.
To operate and support an independent music school on rock and contemporary music. The Academy is dedicated to creating positive life experiences for Maine students of all ages and abilities through innovative and inclusive music programs which promote resiliency, self-expression, creativity, and determination.
The academy provides students with individual lessons, group instruction, after-school workshops, performance opportunities, and statewide battle of the bands, recording studio camps and rock camps...
The academy provides students with individual lessons, group instruction, after-school workshops, performance opportunities, and statewide battle of the bands, recording studio camps and rock camps in Portland, Bar Harbor, Kennebunk, and Machias, Maine.
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 | $1,057,335 | $896,448 | +0.2% |
| Expenses | $1,024,572 | $1,000,457 | +0.0% |
| Net Income | $32,763 | $-104,009 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Brandon Berg | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Houle | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott McAuliffe | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Benjamin Scott | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nick Bloom | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Bower | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Brown | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicole Bradick | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Reynolds | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Daryle Lamoureux | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Erin Quigly | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ellen Ramachandran | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bobby Shaddox | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Shaw | Executive Director | 40.00 |
Officer
|
$79,577 | $13,689 | $93,266 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,057,335 | $1,024,572 | $21,280 | $32,763 |
| 2024 | $896,448 | $1,000,457 | $1,550 | $-104,009 |
| 2023 | $789,490 | $789,157 | $65,558 | $333 |
| 2022 | $666,127 | $679,022 | $65,225 | $-12,895 |
| 2021 | $568,581 | $540,042 | $78,120 | $28,539 |
| 2020 | $594,158 | $555,035 | $49,581 | $39,123 |
| 2019 | $478,813 | $480,349 | $10,458 | $-1,536 |
| 2018 | $378,658 | $392,107 | $11,994 | $-13,449 |
Compare Maine Academy of Modern Music with other nonprofits in Maine and across the country.