THE GOLANDSKY INSTITUTE INC (EIN 320087978) - 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

2003

Legal Domicile

Principal Officer

JOHN BLOOMFIELD

Phone

2127992257

Tax Period

2023-01-01 to 2023-12-31

THE GOLANDSKY INSTITUTE INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $126K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $121K left a modest 3% surplus.

Mission

THE GOLANDSKY INSTITUTE SEEKS TO RAISE AWARENESS OF THE MUSICAL COMMUNITY AND THE PUBLIC AT LARGE TO THE PROBLEMS MUSICIANS FACE AND THE SOLUTIONS AVAILABLE TO THEM.

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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 $21,878

Program Service Revenue $97,925

Investment Income $44

Other Revenue $5,770

TOTAL REVENUE $125,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,040

Fundraising Expenses $0

Program Expenses $86,328

Other Expenses $30,387

TOTAL EXPENSES $121,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,617	$157,659	-0.2%
Expenses	$121,427	$148,528	-0.2%
Net Income	$4,190	$9,131	-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

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

$51,820

Total Directors

$51,820

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDNA GOLANDSKY	PRESIDENT	10.00	Officer Director	$16,635	$0	$16,635
ROBERT DURSO	VICE-PRESIDENT	5.00	Officer Director	$12,985	$0	$12,985
JOHN BLOOMFIELD	TREASURER	20.00	Officer Director	$11,475	$0	$11,475
MARY MORAN	SECRETARY	8.00	Officer Director	$10,725	$0	$10,725
PETER WEINBERG	DIRECTOR	0.50	Director	$0	$0	$0
BONNIE BARRETT	DIRECTOR	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$125,617	$121,427	$175,680	$4,190
2022	$157,659	$148,528	$170,451	$9,131
2021	$188,524	$153,667	$160,775	$34,857
2020	$104,207	$83,836	$134,903	$20,371
2019	$155,532	$127,246	$113,058	$28,286
2018	$142,857	$142,340	$76,650	$517

THE GOLANDSKY INSTITUTE INC