LANG LANG INTERNATIONAL MUSIC FOUNDATION INC (EIN 263589491) - 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

LESZEK LUKAS BARWINSKI

Phone

2125187175

Tax Period

2024-01-01 to 2024-12-31

LANG LANG INTERNATIONAL MUSIC FOUNDATION 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 surged 43% from the prior year, signaling strong growth momentum. Net assets of $3.9M represent 39 months of operating reserves.

Mission

THE FOUNDATION INSPIRES AND MOTIVATES THE NEXT GENERATION OF MUSIC LOVERS AND PERFORMERS BY ENCOURAGING MUSIC PERFORMANCE AT ALL LEVELS AS A MEANS OF SOCIAL DEVELOPMENT FOR YOUTH; BUILDING SELF-CONFIDENCE AND A DRIVE FOR EXCELLENCE. THE FOUNDATION BELIEVES THAT MUSIC IS THE UNIVERSAL LANGUAGE THAT CAN OPEN OPPORTUNITIES FOR COMMUNICATION, UNDERSTANDING, AND ACCEPTANCE. BY IGNITING A PASSION FOR MUSIC IN YOUTH, THE FOUNDATION HOPES TO BRIDGE CULTURAL GAPS AND HELP UNITE LOCAL AND GLOBAL COMMUNITIES THROUGH CULTURAL EXCHANGE OPPORTUNITIES THROUGH MUSIC.

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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 $1,077,159

Program Service Revenue $0

Investment Income $135,366

Other Revenue $-412

TOTAL REVENUE $1,212,113

Expense Breakdown

Grants Paid $149,590

Salaries & Benefits $629,331

Fundraising Expenses $268,976

Program Expenses $910,360

Other Expenses $535,440

TOTAL EXPENSES $1,314,361

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,212,113	$847,986	+0.4%
Expenses	$1,314,361	$1,683,481	-0.2%
Net Income	$-102,248	$-835,495	-0.9%

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

$373,651

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANG LANG	FOUNDER & PRESIDENT	3.00	Officer Director	$0	$0	$0
CHRISTOPHER BURCH	CHAIR	3.00	Officer Director	$0	$0	$0
DAVID M HRYCK	VICE-CHAIR	3.00	Officer Director	$0	$0	$0
JUDITH-ANN CORRENTE	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTY CRESSEY	DIRECTOR	2.00	Director	$0	$0	$0
JESSIE DING	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HAEFLIGER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID W HSIEH	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN KOON WAN LAM	DIRECTOR	2.00	Director	$0	$0	$0
AMY MEI YIN LAM POON	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH T RALLO	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH SEGERSTROM	DIRECTOR	2.00	Director	$0	$0	$0
SANFORD WEILL	CHAIRMAN EMERITUS	2.00	Director	$0	$0	$0
KYLE M WOOL	DIRECTOR	2.00	Director	$0	$0	$0
SIMON WOOLLEY	DIRECTOR	2.00	Director	$0	$0	$0
LESZEK BARWINSKI	CEO/SECRETARY/TREASURER	60.00	Officer	$302,359	$71,292	$373,651

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	$1,212,113	$1,314,361	$3,998,930	$-102,248
2023	$847,986	$1,683,481	$4,030,951	$-835,495
2022	$2,077,283	$1,485,264	$4,781,159	$592,019
2021	$1,323,423	$1,143,344	$4,432,213	$180,079
2020	$896,656	$1,039,160	$4,406,042	$-142,504
2019	$1,171,168	$1,394,917	$4,469,518	$-223,749
2018	$2,352,043	$1,626,524	$5,024,666	$725,519

LANG LANG INTERNATIONAL MUSIC FOUNDATION INC