KLEZMER MUSIC FOUNDATION (EIN 364013890) - 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

1994

Legal Domicile

Principal Officer

LORI LIPPITZ

Phone

8476754800

Tax Period

2023-07-01 to 2024-06-30

KLEZMER MUSIC FOUNDATION, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $162K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 27% operating deficit.

Mission

CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC.

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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 $41,608

Program Service Revenue $120,236

Investment Income $0

Other Revenue $0

TOTAL REVENUE $161,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,000

Fundraising Expenses $6,255

Program Expenses $184,660

Other Expenses $179,092

TOTAL EXPENSES $205,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,844	$218,401	-0.3%
Expenses	$205,092	$184,896	+0.1%
Net Income	$-43,248	$33,505	-2.3%

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

$26,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI LIPPITZ	PRESIDENT	40.00	Officer	$26,000	$0	$26,000
DR DAVE BEACH	DIRECTOR	5.00	Director	$0	$0	$0
STEVEN FRANKLIN	DIRECTOR	5.00	Director	$0	$0	$0
ADAM NATENSHON	DIRECTOR	5.00	Director	$0	$0	$0
MARC CHINITZ	TREASURER	5.00	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
2025	No data	No data	No data	No data
2024	$161,844	$205,092	$69,795	$-43,248
2023	$218,401	$184,896	$111,794	$33,505

KLEZMER MUSIC FOUNDATION