NEW SOUNDS MUSIC INCORPORATED (EIN 382996081) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

MATTHEW LEVY

Phone

5206213080

Tax Period

2024-06-01 to 2025-05-31

NEW SOUNDS MUSIC INCORPORATED, founded in 1991, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring.

Mission

To commission and disseminate contemporary music through performance, residency/outreach, and recording programs

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,575

Program Service Revenue $0

Investment Income $111

Other Revenue $0

TOTAL REVENUE $1,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,686	$11,957	-0.9%
Expenses	N/A	N/A	N/A
Net Income	N/A	$11,957	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$143,976

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW LEVY	EXECUTIVE DIRECTOR	2.00	Director	$0	$8,008	$111,306
TIMOTHY McALLISTER	CO-ARTISTIC DIRECTOR	2.00	Director	$0	$0	$9,085
TAIMUR SULLIVAN	SECRETARY	2.00	Director	$0	$0	$13,335
ZACHARY SHEMON	TREASURER	2.00	Director	$0	$0	$10,250
SETH BRENZEL	CHAIR	1.00	Director	$0	$0	$0
CRAIG A ROGERS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID POLL	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNN FAUST	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANNINE WEBBER	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ANNE O'MEARA	BOARD MEMBER	1.00	Director	$0	$0	$0
JACOB SMITH	BOARD MEMBER	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
2025	$1,686	No data	$222,737	No data
2024	$11,957	No data	$221,051	No data
2023	$19,175	$100,000	$209,094	$-80,825
2022	$19,111	No data	$289,919	No data
2021	$99,820	No data	$270,808	No data

NEW SOUNDS MUSIC INCORPORATED