MUSIC CITY YOUTH IN THE ARTS INC (EIN 263258158) - 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

2008

Legal Domicile

Principal Officer

MELYNDA WYATT

Phone

6154692343

Tax Period

2024-11-01 to 2025-10-31

MUSIC CITY YOUTH IN THE ARTS INC, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE MISSION AND PURPOSE OF MUSIC CITY YOUTH IN THE ARTS, INC. IS TO PROVIDE YOUTH WITH POSITIVE LIFE-ENRICHING EXPERIENCES THROUGH MUSIC EDUCATION AND PERFORMANCE OPPORTUNITIES.

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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 $972,060

Program Service Revenue $175,827

Investment Income $58,587

Other Revenue $16,092

TOTAL REVENUE $1,222,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,664

Fundraising Expenses $0

Program Expenses $1,176,446

Other Expenses $1,157,470

TOTAL EXPENSES $1,200,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,222,566	$1,092,414	+0.1%
Expenses	$1,200,134	$1,050,312	+0.1%
Net Income	$22,432	$42,102	-0.5%

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

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
CHRIS COOPER	PRESIDENT	10.00	Officer Director	$0	$0	$0
MARK GAREY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
MELYNDA WYATT	TREASURER	10.00	Officer Director	$0	$0	$0
COREY BUCKNER	SECRETARY	10.00	Officer Director	$0	$0	$0
ALAN RICE	BOARD MEMBER	5.00	Director	$0	$0	$0
ANN MILLER	BOARD MEMBER	5.00	Director	$0	$0	$0
ALFRED PERKINS	BOARD MEMBER	5.00	Director	$0	$0	$0
COLLIN HILL	BOARD MEMBER	5.00	Director	$0	$0	$0
LINDEN LANTZ	BOARD MEMBER	5.00	Director	$0	$0	$0
BUDDY LASTER	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMISON EIGE	BOARD MEMBER	5.00	Director	$0	$0	$0
TOM GRANT	BOARD MEMBER	5.00	Director	$0	$0	$0
LAWRENCE MCCROBIE	BOARD MEMBER	5.00	Director	$0	$0	$0
CHAZ BLEDSOE	EX OFFICO	0.00	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	$1,222,566	$1,200,134	$83,454	$22,432
2024	$1,092,414	$1,050,312	$78,334	$42,102
2023	$1,065,198	$1,011,202	$82,096	$53,996
2022	$859,880	$996,306	$86,654	$-136,426
2021	$374,654	$419,459	$61,572	$-44,805
2020	$169,405	$195,542	$122,900	$-26,137

MUSIC CITY YOUTH IN THE ARTS INC