Association of Anglican Musicians

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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

2014

Legal Domicile

Principal Officer

Sonya Subbayya Sutton

Phone

2038075208

Tax Period

2023-01-01 to 2023-12-31

Association of Anglican Musicians, founded in 2014, is a small nonprofit that reported $461K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 17% operating margin.

Mission

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.

Program Service Accomplishments

Program 1

Expenses: $279,223 Revenue: $193,968

Publishes professional journal and other materials, holds periodic conferences, awards grants to further mission, and provides placement service.

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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 $223,068

Program Service Revenue $195,911

Investment Income $41,753

Other Revenue $0

TOTAL REVENUE $460,732

Expense Breakdown

Grants Paid $39,110

Salaries & Benefits $101,112

Fundraising Expenses $37,333

Program Expenses $279,223

Other Expenses $243,678

TOTAL EXPENSES $383,900

Year-over-Year Comparison

	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%

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

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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