Norwalk, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASSOCIATION OF ANGLICAN MUSICIANS F/K/A ANGLICAN MUSICIANS FOUNDATION, founded in 1988, is a small nonprofit that reported $261K in total revenue in fiscal year 2018. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $239K left a modest 9% surplus.
Recognizing that the music of the church finds its primary expression within the framework of the liturgy, this Association takes as its purpose the elevation, stimulation, and support of music and the allied arts in all their aspects in the Episcopal Church and the larger Anglican tradition, and especially in their relationship to liturgy. The Association seeks to encourage, through the fellowship of the Association, the sharing of ideas and skills among members, and to endeavor to disseminate the results of this sharing throughout our dioceses, to keep healthy and vibrant our strong musical tradition.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $460,732 | $372,446 | +0.2% |
| Expenses | $383,900 | $365,951 | +0.0% |
| Net Income | $76,832 | $6,495 | +10.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sonya Subbayya Sutton | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Galema | Treasurer | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Cynthia DeDakis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Nelson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Zachary Hemenway | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kyle Ritter | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory Dean Smith | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Linda Stowe | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Damin Spritzer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $460,732 | $383,900 | $1,698,978 | $76,832 |
| 2022 | $372,446 | $365,951 | $1,442,681 | $6,495 |
| 2021 | $149,568 | $153,692 | $1,688,514 | $-4,124 |
| 2020 | $253,607 | $229,082 | $1,389,159 | $24,525 |
| 2019 | $349,716 | $320,495 | $1,256,513 | $29,221 |
| 2018 | $261,287 | $238,602 | $1,068,315 | $22,685 |
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