CASCADE MUSIC FOUNDATION (EIN 272491806) - 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

2010

Legal Domicile

Principal Officer

MARCUS CHARLES

Phone

2066191902

Tax Period

2024-01-01 to 2024-12-31

CASCADE MUSIC FOUNDATION, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $428K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $409K left a modest 4% surplus.

Mission

CASCADE MUSIC FOUNDATION HOSTS ONE OF THE VENUES AT THE SEATTLE MUSIC FESTIVAL WHICH FEATURES OVER 70 OF THE BEST NORTHWEST AND NATIONAL BANDS AND DJ'S. NET PROCEEDS OF THE EVENT ARE DONATED TO OTHER 501(C)(3) ORGANIZATIONS WITH THE GOAL OF PROMOTING MUSICIANS, MUSICAL EDUCATION, AND MUSICAL PERFORMANCES.

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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 $0

Program Service Revenue $427,720

Investment Income $0

Other Revenue $0

TOTAL REVENUE $427,720

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $408,604

Other Expenses $405,604

TOTAL EXPENSES $408,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$427,720	$353,246	+0.2%
Expenses	$408,604	$378,404	+0.1%
Net Income	$19,116	$-25,158	-1.8%

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

N/A

Employees

N/A

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
MARCUS CHARLES	DIRECTOR	1.00	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
2024	$427,720	$408,604	$4,227	$19,116
2023	$353,246	$378,404	$13,496	$-25,158
2022	No data	$363	$52	No data
2021	No data	$698	$313	No data
2020	$1,116	$1,688	$700	$-572
2019	$312,507	$316,419	$1,255	$-3,912
2018	$548,502	$545,928	$354,291	$2,574

CASCADE MUSIC FOUNDATION