The New York Classical Players 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

2010

Legal Domicile

Principal Officer

Dongmin Kim

Phone

9179710056

Tax Period

2023-01-01 to 2023-12-31

The New York Classical Players Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum.

Mission

New York Classical Players is an ensemble dedicated to the highest standards of artistry, collaboration, and virtuosity. Inspired by the belief that access to musical excellence is an essential human right, NYCP presents all concerts free of charge.

Program Service Accomplishments

Program 1

Expenses: $226,720 Revenue: $255,450

NYCP have performed twenty two concerts throughout six states during the 2023 session.

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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 (2023)

Revenue Breakdown

Contributions & Grants $255,450

Program Service Revenue $0

Investment Income $0

Other Revenue $2

TOTAL REVENUE $255,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,000

Fundraising Expenses $0

Program Expenses $226,720

Other Expenses $135,853

TOTAL EXPENSES $257,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$255,452	$132,816	+0.9%
Expenses	$257,673	$129,176	+1.0%
Net Income	$-2,221	$3,640	-1.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dong Min Kim	Director	040.00	Officer Director Key Emp	$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
2023	$255,452	$257,673	$39,764	$-2,221
2022	$132,816	$129,176	$41,985	$3,640
2021	$115,538	$117,936	$38,345	$-2,398
2020	$94,443	$88,834	$40,743	$5,609
2019	$206,535	$190,194	$35,134	$16,341
2018	$138,782	$123,955	$18,793	$14,827