New Orleans, LA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Roots of Music Inc, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 5% surplus.
The Roots of Musics mission is to teach, support, and empower New Orleans youth through music education,academic support, and mentorship while preserving and promoting New Orleans unique musical and cultural heritage.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,112,206 | $1,099,750 | +0.0% |
| Expenses | $1,061,239 | $1,106,882 | 0.0% |
| Net Income | $50,967 | $-7,132 | -8.1% |
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 |
|---|---|---|---|---|---|---|
| Derrick Tabb | Executive Director | 40.00 |
Officer
|
$75,000 | $0 | $75,000 |
| Julian Hebert | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Patrick Bordnick | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Goldring | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cedric Richmond | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Will Snowden | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jade Russell | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel O Conwill IV | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Ani Difranco | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Carmelittia Agee | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Arkesha Baquet | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Mccoullugh | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffrey Seymour | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Karon Reese | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matt Sakakeeny | Chairman | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,112,206 | $1,061,239 | $650,359 | $50,967 |
| 2023 | $1,189,542 | $1,075,670 | $847,330 | $113,872 |
| 2022 | $1,099,750 | $1,106,882 | $592,801 | $-7,132 |
| 2021 | $932,201 | $836,374 | $598,901 | $95,827 |
| 2020 | $1,089,758 | $726,366 | $502,351 | $363,392 |
| 2019 | $635,846 | $803,394 | $131,874 | $-167,548 |
| 2018 | $839,587 | $841,757 | $302,410 | $-2,170 |
Compare Roots of Music Inc with other nonprofits in Louisiana and across the country.