TALEA ENSEMBLE INC

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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

ADRIAN MOREJON

Phone

9145239507

Tax Period

2024-07-01 to 2025-06-30

TALEA ENSEMBLE INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $562K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $489K left a modest 13% surplus.

Mission

BUILDING COMMUNITIES THROUGH INNOVATIVE MUSICAL EXPERIENCES,CULTIVATING CURIOUS LISTENERS, AND ENGAGING AUDIENCES IN MUSICAL CREATIVITY AND CULTURAL EXPLORATION. THE TALEA ENSEMBLE AIMS TO INCREASE THE AWARENESS AND UNDERSTANDING OF CONTEMPORARY MUSIC THROUGH PERFORMANCES, OUTREACH, ACADEMIC RESIDENCIES, PROJECTS, AND WORKSHOPS FOR BROAD AUDIENCES.

Program Service Accomplishments

Program 1

Expenses: $49,484 Revenue: $76,000

TIME SPANS IN AUGUST 2024, TALEA PERFORMED TWO CONCERTS AT THE DIMENNA CENTER FOR CLASSICAL MUSIC AS A PART OF THE TIME:SPANS FESTIVAL. THE PROGRAM FOR THE FIRST CONCERT WAS THE US PREMIERE OF STEVEN TAKASUGIS PIANO CONCERTO (SINFONIETTA VERSION), AND THE SECOND CONCERT INCLUDE WORKS BY ALEC HALL, SASHA BLONDEAU, SIVAN COHEN-ELIAS, SHASHA CHEN, DAVID BIRD, AND URI KOCHAVI.

Program 2

Expenses: $148,126 Revenue: $147,627

CARTER RECORDING IN APRIL 2025, TALEA RECORDED TWO WORKS BY THE AMERICAN COMPOSER ELLIOT CARTER FOR THE AMPHION FOUNDATION: CONCERTINO FOR BASS CLARINET (MICHAEL LOWENSTERN, SOLOIST) AND CHAMBER...

CARTER RECORDING IN APRIL 2025, TALEA RECORDED TWO WORKS BY THE AMERICAN COMPOSER ELLIOT CARTER FOR THE AMPHION FOUNDATION: CONCERTINO FOR BASS CLARINET (MICHAEL LOWENSTERN, SOLOIST) AND CHAMBER ORCHESTRA, AND FLUTE CONCERTO (TARA HELEN OCONNOR, SOLOIST). BOTH PIECES WERE CONDUCTED BY JAMES BAKER. - FLUTE CONCERTO: 35 MUSICIANS, FLUTE SOLOIST, AND CONDUCTOR - CONCERTINO: 22 MUSICIANS, CLARINET SOLOIST, AND CONDUCTOR

Program 3

Expenses: $19,103 Revenue: $24,840

U of CALIFORNIA - SAN DIEGO RESIDENCY IN APRIL 2025, TALEA WAS IN RESIDENCE AT UNIVERSITY OF CALIFORNIA AT SAN DIEGO, TO WORKSHOP AND PERFORM NEW WORKS BY THE SCHOOLS COMPOSITION STUDENTS. THE...

U of CALIFORNIA - SAN DIEGO RESIDENCY IN APRIL 2025, TALEA WAS IN RESIDENCE AT UNIVERSITY OF CALIFORNIA AT SAN DIEGO, TO WORKSHOP AND PERFORM NEW WORKS BY THE SCHOOLS COMPOSITION STUDENTS. THE ENSEMBLE ALSO PERFORMED THE WORLD PREMIERES OF PIECES BY RAND STEIGER AND ROGER REYNOLDS. THIS PERFORMANCE WAS THE CULMINATING EVENT AT A CORE SYMPOSIUM, AS PART OF THE ACTOR PROJECT.

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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 $180,608

Program Service Revenue $371,103

Investment Income $0

Other Revenue $9,991

TOTAL REVENUE $561,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,776

Fundraising Expenses $24,568

Program Expenses $429,115

Other Expenses $430,299

TOTAL EXPENSES $489,075

Year-over-Year Comparison

	2024	2023	Change
Revenue	$561,702	$394,002	+0.4%
Expenses	$489,075	$428,902	+0.1%
Net Income	$72,627	$-34,900	-3.1%

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

$34,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIAN MOREJON	EXECUTIVE DIRECTOR	4.00	Officer	$34,500	$0	$34,500
JEREMY SHATAN	CHAIRPERSON	0.00	Officer Director	$0	$0	$0
TANYA KALMANOVITCH	DIRECTOR	0.00	Director	$0	$0	$0
NORMAN RYAN	DIRECTOR	0.00	Director	$0	$0	$0
KATHARINA PISTOR	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN TAKASUGI	DIRECTOR	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	$561,702	$489,075	$419,828	$72,627
2024	$394,002	$428,902	$271,035	$-34,900
2023	$420,039	$363,428	$312,642	$56,611
2022	$439,503	$353,289	$296,310	$86,214
2021	$239,104	$180,590	$215,744	$58,514
2020	$284,175	$258,607	$136,385	$25,568