Mt Vernon Music Boosters LTD Tracy Paris

EIN: 300186338 501(c)(3) Education

FORTVILLE, IN

Total Revenue
$217,316
Total Expenses
$225,090
Total Assets
$115,485
Net Assets
$115,485
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IN
Principal Officer
Tracy Paris
Tax Period
2023-05-01 to 2024-04-30

Mt Vernon Music Boosters LTD Tracy Paris, founded in 2003, is a small nonprofit in the Education sector that reported $217K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

Promote the Appreciation of Music for students and adults of Mt Vernon School District, Continue Interest, Participate Activities and Serve the Music Community and raise funds for the Music Department of the School, activities and Students.

Program Service Accomplishments

Program 1
Expenses: $130,445 Revenue: $43,617

Operating Expenses include general bank operations, staff, clinician, supplies, dues, camp food and awards. These expenses facilitate this high school band to fucntion, give performances, and improve...

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Operating Expenses include general bank operations, staff, clinician, supplies, dues, camp food and awards. These expenses facilitate this high school band to fucntion, give performances, and improve students musical talents.

Program 2
Expenses: $63,350

Performance Expenses include equipment, transportation, food uniforms, instrument rental & repair, and fees. These expenses allow for the high school band to host and attend band performances...

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Performance Expenses include equipment, transportation, food uniforms, instrument rental & repair, and fees. These expenses allow for the high school band to host and attend band performances providing attendee and student enrichment.

Program 3
Expenses: $17,120

Event expenses include banquet, guard event, and snow whirl. The live events allow for public enjoyment as well as placing the student band members into public event settings showcasing their...

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Event expenses include banquet, guard event, and snow whirl. The live events allow for public enjoyment as well as placing the student band members into public event settings showcasing their tallents and helping them improve.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,767
Program Service Revenue $161,549
Investment Income $0
Other Revenue $0
TOTAL REVENUE $217,316

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,915
Other Expenses $225,090
TOTAL EXPENSES $225,090

Year-over-Year Comparison

2023 2022 Change
Revenue $217,316 $141,968 +0.5%
Expenses $225,090 $156,735 +0.4%
Net Income $-7,774 $-14,767 -0.5%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
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
8
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brandy Wagner President 20
Officer Director
$0 $0 $0
Tracy Paris Vice President 20
Officer Director
$0 $0 $0
Shanon Keithly Treasurer 20
Officer Director
$0 $0 $0
Amber Fox Secretary 20
Officer Director
$0 $0 $0
Brandy Wagner President 20
Officer Director
$0 $0 $0
Tracy Paris Vice President 20
Officer Director
$0 $0 $0
Shanon Keithly Treasurer 20
Officer Director
$0 $0 $0
Amber Fox Secretary 20
Officer 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 $217,316 $225,090 $115,485 $-7,774
2023 $141,968 $156,735 $123,259 $-14,767
2022 $160,192 $103,364 $138,027 $56,828
2021 $67,258 $101,121 $82,032 $-33,863
2020 $151,836 $117,774 $115,895 $34,062
2019 $175,791 $121,052 $81,833 $54,739
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