CHAMBER MUSIC DETROIT

EIN: 382794258 501(c)(3) Arts, Culture & Humanities

Detroit, MI

Total Revenue
$812,830
Total Expenses
$597,377
Total Assets
$594,827
Net Assets
$257,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
MI
Principal Officer
Rachel Bouvier
Phone
3133353350
Tax Period
2024-06-01 to 2025-05-31

CHAMBER MUSIC DETROIT, founded in 1944, is a small nonprofit in the Arts, Culture & Humanities sector that reported $813K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $215K, a strong 27% operating margin.

Mission

THE MISSION OF THE CHAMBER MUSIC SOCIETY OF DETROIT IS TO BRING TOGETHER INSPIRED MUSICIANS AND PASSIONATE LISTENERS FOR EXTRAORDINARY EXPERIENCES WITH SMALL ENSEMBLE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $663,789
Program Service Revenue $141,583
Investment Income $1,464
Other Revenue $5,994
TOTAL REVENUE $812,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,957
Fundraising Expenses $54,911
Program Expenses $454,031
Other Expenses $393,420
TOTAL EXPENSES $597,377

Year-over-Year Comparison

2024 2023 Change
Revenue $812,830 $742,471 +0.1%
Expenses $597,377 $808,225 -0.3%
Net Income $215,453 $-65,754 -4.3%
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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Governance

Voting Members
27
Independent Members
27
Employees
5
Volunteers
34

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
5
$64,150
Total Directors
23
$64,150
Key Employees
1
$64,150
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS H BERGH DIRECTOR 0.50
Director
$0 $0 $0
PAUL BLIZMAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CAROL CHADWICK DIRECTOR 0.50
Director
$0 $0 $0
LAURA CHAVEZ-WAZEERUD-DIN DIRECTOR 0.50
Director
$0 $0 $0
DAMIEN CRUTCHER DIRECTOR 0.50
Director
$0 $0 $0
HAROLD DAITCH LIFE TRUSTEE 0.50
Director
$0 $0 $0
CAROLYN DEMPS DIRECTOR 0.50
Director
$0 $0 $0
DANNY DEROSE DIRECTOR 0.50
Director
$0 $0 $0
MARIA Y ETIENNE DIRECTOR 0.50
Director
$0 $0 $0
RICHARD GRAUER DIRECTOR 0.50
Director
$0 $0 $0
HAROLD Z GUREWITZ DIRECTOR 0.50
Director
$0 $0 $0
GREGORY HAYNES DIRECTOR 0.50
Director
$0 $0 $0
ROBERT HICKS SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN KAPLAN TREASURER 3.00
Officer Director
$0 $0 $0
BARBARA KLARMAN LIFE TRUSTEE 0.50
Director
$0 $0 $0
CINDY MAXWELL-PHILIPS DIRECTOR 0.50
Director
$0 $0 $0
DAVID MONOGHAN DIRECTOR 0.50
Director
$0 $0 $0
RANDOLPH SCHEIN CHAIRMAN 0.50
Officer Director
$0 $0 $0
HENRY SHEVITZ DIRECTOR 35.00
Director
$0 $0 $0
ROBERTA VIVIANO DIRECTOR 0.50
Director
$0 $0 $0
RONALD E WHITNEY DIRECTOR 0.50
Director
$0 $0 $0
JACKIE WIGGINS DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN WOGAMAN PRESIDENT/ARTISTIC DIRECTOR 45.00
Officer Director Key Emp
$64,150 $0 $64,150
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 $812,830 $597,377 $594,827 $215,453
2024 $742,471 $808,225 $359,718 $-65,754
2023 $613,736 $820,128 $447,579 $-206,392
2023 $613,736 $820,128 $431,004 $-206,392
2022 $737,687 $731,441 $642,884 $6,246
2022 $754,262 $731,441 $659,459 $22,821
2021 $632,186 $504,513 $437,033 $127,673
2021 $634,891 $505,908 $439,738 $128,983
2020 $667,807 $649,349 $432,793 $18,458
2019 $714,899 $864,223 $439,943 $-149,324
2018 $661,686 $690,981 $1,170,290 $-29,295
2018 $661,686 $690,981 $506,815 $-29,295
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