Chamber Music Connection Inc (EIN 311395074) - 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

2005

Legal Domicile

Principal Officer

Abigail Picotte

Tax Period

2023-01-01 to 2023-12-31

Chamber Music Connection Inc, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $104K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $100K left a modest 4% surplus.

Mission

The Chamber Music Connection (CMC) is the place where young musicians flourish. We are dedicated to the study and performance of chamber music. Annually over 100 students participate in music programs.

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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 $19,057

Program Service Revenue $85,319

Investment Income $0

Other Revenue $0

TOTAL REVENUE $104,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,407

Fundraising Expenses $0

Program Expenses $99,311

Other Expenses $84,796

TOTAL EXPENSES $100,203

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,376	$168,482	-0.4%
Expenses	$100,203	$123,653	-0.2%
Net Income	$4,173	$44,829	-0.9%

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

N/A

Independent Members

N/A

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
Melanie Richards	Public School and Outreach Li	2.00	Director	$0	$0	$0
Jared Magill	Trustee	2.00	Director	$0	$0	$0
Debbie Price	Artistic Director	10.00	Director	$0	$0	$0
Hector Garcia	Secretary	2.00	Officer Director	$0	$0	$0
Abigail Picotte	President	5.00	Officer Director	$0	$0	$0
Rosemarie Welch	Vice President	2.00	Officer Director	$0	$0	$0
Hyacinth Macintosh	Treasurer	2.00	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	No data	No data	No data	No data
2023	$104,376	$100,203	$141,252	$4,173
2022	$168,482	$123,653	$138,363	$44,829
2021	$120,950	$134,803	$95,486	$-13,853
2020	$165,930	$168,812	$108,184	$-2,882

Chamber Music Connection Inc