IMAGE INTERNATIONAL MUSIC FESTIVAL

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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

2010

Legal Domicile

Tax Period

2019-01-01 to 2019-12-31

IMAGE INTERNATIONAL MUSIC FESTIVAL, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $11K in total revenue in fiscal year 2019. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 160% operating deficit.

Mission

To provide talented young students with the opportunity to study intimately with world-renowned artists and to guide and introduce top Music Conservatories and Colleges in U.S.A.

Program Service Accomplishments

Program 1

Expenses: $29,679 Revenue: $11,405

IIMF provides music education especially for younger children and family who cant afford lessons.IIMF also provides musical events at Crescenta Valley Community and master classes that go into depth...

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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 (2019)

Revenue Breakdown

Contributions & Grants $11,405

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,405

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,300

Fundraising Expenses $0

Program Expenses $29,679

Other Expenses $24,379

TOTAL EXPENSES $29,679

Year-over-Year Comparison

	2019	2018	Change
Revenue	$11,405	$42,761	-0.7%
Expenses	$29,679	$56,419	-0.5%
Net Income	$-18,274	$-13,658	+0.3%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
LANANH DINH	DIRECTOR	Director	$0	$0	$0
YUNG MEE RHEE	DIRECTOR	Director	$0	$0	$0
BRYAN LEE	PRESIDENT	Officer	$0	$0	$0
KRYSTINA TRAN	SECRETARY	Officer	$0	$0	$0
MI RYUNG KIM	TREASURER	Officer	$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
2019	$11,405	$29,679	$66,748	$-18,274
2018	$42,761	$56,419	$85,022	$-13,658