PACIFIC MUSICWORKS

EIN: 261253117 501(c)(3) Arts, Culture & Humanities

SEATTLE, WA

Total Revenue
$217,957
Total Expenses
$202,063
Total Assets
N/A
Net Assets
N/A
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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
2007
Legal Domicile
WA
Phone
5103374900
Tax Period
2023-07-01 to 2024-06-30

PACIFIC MUSICWORKS, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $218K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $202K left a modest 7% surplus.

Mission

To perform concerts of 17th and 18th Century music and related projects.

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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 $214,459
Program Service Revenue $3,335
Investment Income $3
Other Revenue $160
TOTAL REVENUE $217,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,872
Fundraising Expenses $23,566
Program Expenses $97,827
Other Expenses $153,191
TOTAL EXPENSES $202,063

Year-over-Year Comparison

2023 2022 Change
Revenue $217,957 $305,471 -0.3%
Expenses $202,063 $318,851 -0.4%
Net Income $15,894 $-13,380 -2.2%
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
5
Independent Members
5
Employees
4
Volunteers
5

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
1
$27,000
Total Directors
4
$58,935
Key Employees
1
$27,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julia Benzinger Managing Director 40.00
Officer Director Key Emp Highest
$0 $0 $27,000
Henry Lebedinsky Artistic Director 25.00
Director
$0 $5,476 $9,317
Stephen Stubbs Artistic Director 25.00
Director
$0 $5,000 $14,977
Tekla M Cunningham Orchestra Director 25.00
Director
$0 $3,800 $7,641
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 $217,957 $202,063 No data $15,894
2023 $305,471 $318,851 $-4,707 $-13,380
2022 $242,217 $335,102 $3,895 $-92,885
2021 $247,207 $220,261 $94,589 $26,946
2020 $306,202 $221,614 $69,175 $84,588
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