FRIENDS OF MUSIQUE & VIN AU CLOS VOUGEOT INC (EIN 301145076) - 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

2018

Legal Domicile

Principal Officer

CRAIG STAPLETON

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF MUSIQUE & VIN AU CLOS VOUGEOT INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $664K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $386K, a strong 58% operating margin.

Mission

TO MAKE GRANTS TO MUSIQUE ET VIN AU CLOS VOUGEOT, A FRENCH NOT-FOR-PROFIT ORGANIZATION THAT OFFERS STUDY GRANTS TO YOUNG MUSICIANS AT HIGHER EDUCATION ESTABLISHMENTS AND COMPARABLE PROGRAMS TO FACILITATE THE LAUNCH OF SUCH MUSICIANS' CAREERS, AND OPERATES AN "INSTRUMENTAL FUND" TO LEND CUSTOM MUSICAL INSTRUMENTS TO YOUNG MUSICIANS THAT DO NOT OTHERWISE HAVE ACCESS TO QULAITY INSTRUMENTS AND TO ENGAGE IN OTHER CHARITABLE, RELIGIOUS, EDUCATIONAL, LITERARY AND SCIENTIFIC ACTICVITIES

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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 $643,250

Program Service Revenue $0

Investment Income $20,719

Other Revenue $0

TOTAL REVENUE $663,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $212,127

Program Expenses $6,026

Other Expenses $277,812

TOTAL EXPENSES $277,812

Year-over-Year Comparison

	2023	2022	Change
Revenue	$663,969	$998,327	-0.3%
Expenses	$277,812	$244,492	+0.1%
Net Income	$386,157	$753,835	-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

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
BERNARD HERVET	BOARD MEMBER	1.25	Director	$0	$0	$0
ARVIND SODHANI	BOARD MEMBER	1.25	Director	$0	$0	$0
DOUGLAS BARZELAY	VICE PRESIDE	1.25	Officer	$0	$0	$0
JAMES FINKEL	TREASURER	1.25	Officer	$0	$0	$0
DANIEL PACTHOD	SECRETARY	1.25	Officer	$0	$0	$0
CRAIG STAPLETON	PRESIDENT	1.25	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
2024	No data	No data	No data	No data
2023	$663,969	$277,812	$1,383,405	$386,157
2022	$998,327	$244,492	$934,912	$753,835
2021	$25,032	$120,950	$185,577	$-95,918
2020	$62,888	$33,091	$276,995	$29,797
2019	$273,664	$26,466	$247,198	$247,198

FRIENDS OF MUSIQUE & VIN AU CLOS VOUGEOT INC