Arlington, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Piano & More, founded in 2018, is a small nonprofit in the Education sector that reported $370K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.
Piano & More's mission is to provide our community with a fun and contemporary approach to education, opportunity, and events concerning the musical arts. Our vision is to: Offer practical and useful training for aspiring musicians and educators, Provide quality music education for children and adults at all levels and ages, Make creative opportunities available for local musicians and educators, Create a local musical community that engages in events and networking, Build a sponsorship program where students in title one schools can also receive our services, Provide instruments to our sponsored students, and Bring our community together with music and art. Services are either performed in person or virtually.
In 2024, we had up to 180 students participate in our private music lesson program, including piano, voice, guitar and other private music lessons. Piano & More hosted around 30 community music...
In 2024, we had up to 180 students participate in our private music lesson program, including piano, voice, guitar and other private music lessons. Piano & More hosted around 30 community music events such as Open Mics, Musical Field Trips, and Recitals for students and around 5 social events for teachers. These music events help us fulfil our mission of bringing the community together with music. We also have a community outreach program where we partner with title I Virginia schools called Play It Forward- a program that's been operating since 2019. Students in the Play It Forward program receive weekly private piano lessons and piano books, free of charge. We are grateful to provide this access as piano isn't taught in public schools and private piano lessons can be too expensive for low-income families. In 2024, Piano & More provided 156 private lessons to sponsored students at no cost to them.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $370,083 | $407,075 | -0.1% |
| Expenses | $380,268 | $421,193 | -0.1% |
| Net Income | $-10,185 | $-14,118 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Nicole Kovar | President | 40.00 |
Officer
|
$73,158 | $5,634 | $78,792 |
| Damacia Umanzor | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Cortina Rush | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Sam Yeo | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $370,083 | $380,268 | $19,168 | $-10,185 |
| 2023 | $407,075 | $421,193 | $33,381 | $-14,118 |
| 2022 | $328,163 | $313,776 | $48,394 | $14,387 |
| 2021 | $308,204 | $302,108 | $30,973 | $6,096 |
| 2020 | $272,236 | $263,406 | $25,473 | $8,830 |
| 2019 | $202,307 | $188,149 | $15,543 | $14,158 |
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