NEW YORK CONCERT ARTISTS ASSOCIATES INC (EIN 263012002) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

KLARA MIN

Phone

2123623203

Tax Period

2024-01-01 to 2024-12-31

NEW YORK CONCERT ARTISTS ASSOCIATES INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $222K in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum.

Mission

TO ENHANCE AND PROMOTE MUSICAL PERFORMANCES OF ALL KINDS OF ENSEMBLES SUCH AS ORCHESTRAS, CHAMBER ENSEMBLES, AND SOLO RECITALS BY PROVIDING A VARIETY OF PERFORMANCE OPPORTUNITIES AND PERSONAL NETWORKS TO MEMBERS OF MUSICIANS IN NEW YORK SO THAT IT ACHIEVES EXPANDING AND PROMOTING CLASSICAL MUSIC ACTIVITIES IN METROPOLITAN AREAS AND IN THE UNITED STATES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,967

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $221,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,315

Other Expenses $221,574

TOTAL EXPENSES $221,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$221,967	$123,766	+0.8%
Expenses	$221,574	$124,152	+0.8%
Net Income	$393	$-386	-2.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KLARA MIN	PRESIDENT	20.00	Officer Director	$0	$0	$0
JEFF SWANN	TREASURER	5.00	Officer Director	$0	$0	$0
EDUARD ZILBERKANT	DIRECTOR	1.00	Director	$0	$0	$0
GLENN R SARNO	DIRECTOR	1.00	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
2024	$221,967	$221,574	$394	$393
2022	$323,408	$211,012	$387	$112,396
2019	$360,831	$361,209	$2,674	$-378
2018	$235,069	$347,277	$3,052	$-112,208

NEW YORK CONCERT ARTISTS ASSOCIATES INC